text

HK's financial market continues to function normally

​Hong Kong's Acting Financial Secretary K C Chan said Monday that with the implementation of contingency plans by the government, Hong Kong's stock market, foreign exchange market and financial system have continued to function normally and in good order.

text

Financial reform to speed up in Shanghai FTZ

Financial reform is about to move faster in the Shanghai free trade zone (FTZ), a central bank official said on the eve of the zone's first anniversary.

text

Biggest challenge for Juncker: make believe things to change

​Unveiling his new College of Commissioners, European Commission (EC) President-elect Jean-Claude Juncker conceded Wednesday that one of his biggest challenges will be to convince citizens that things will change.

text

ASEAN agrees to Myanmar's proposal for financial inclusion system

ASEAN finance ministers have agreed to Myanmar's proposal to enhance a "financial inclusion" system which aims to help all people in the region get access to financial services, state media quoted Myanmar Finance Minister U Win Shein, chair of the regional meeting, as reporting Sunday.

text

Eurozone economy to grow over 1 pct in 2014: IMF

The eurozone economy is expected to grow just over 1 percent this year before expanding 1. 5 percent in 2015, the International Monetary Fund (IMF) said on Monday.

text

S.Korea to overhaul old-fashioned financial regulations for new growth engine

South Korea's financial regulator said Thursday that it will overhaul the country's old-fashioned financial regulations as part of the efforts to foster the financial industry as a new growth engine and help strengthen the role of the industry as a supporter for real economy.

text

Economic issues to dominate Lao national assembly

Discussions regarding the economy and government debt are predicted to dominate the seventh ordinary session of the Lao National Assembly (NA), state-run daily Vientiane Times reported on Tuesday.

text

Central bank chief highlights China's financial risks

Vice governor of China's central bank on Tuesday highlighted the country's current financial risks, promising to strengthen and improve financial regulation.

text

S.Korea to privatize No.2 bank rescued after 1997 financial crisis

South Korea's financial regulator said Monday that it planned to privatize the country's No.2 bank rescued with bailout funds after the 1997 financial crisis.

text

EU pushes U.S. to include financial regulation in free trade deal

A top European Union (EU) official on Friday continued to push for the inclusion of financial regulation in a free trade agreement with the United States, saying it's vital to ensure global financial stability.

text

New Zealand signs controversial tax agreement with U.S.

New Zealand and the United States on Thursday signed a controversial agreement aimed at fighting tax evasion, but critics fear it could undermine the rights of New Zealand taxpayers.

text

Sydney to host supporting event for world's leading economic forum

Sydney will host a supporting event for one of the world's leading economic forums, the Boao Forum for Asia (BFA), in 2015, the deputy premier and minister for trade and investment of New South Wales (NSW), Andrew Stoner, announced Saturday in Beijing, according to the office of the deputy premier in Sydney.

text

Cross-border capital flow eased in Shanghai FTZ

The Shanghai free trade zone (FTZ) relaxed barriers to cross-border capital flow on Friday, giving banks and firms in the zone greater freedom in foreign exchange.

text

Hong Kong eyes bigger role in China's financial reform

China's announcement on Thursday that it will allow cross-market trading by mainland and Hong Kong investors on the Hong Kong and Shanghai stock exchanges has again highlighted the role of the two cities as test beds for China's financial reform.

text

IMF projects Hong Kong's real GDP to rise 3.75 pct in 2014

International Monetary Fund Wednesday projected Hong Kong's real GDP growth to hit 3.75 percent in 2014, supported by improving global economy and solid domestic demand.

text

Boao Forum to hold 2 events featuring Hong Kong

Two events featuring Hong Kong will be held on this year's Boao Forum Annual Conference, Hong Kong government said here on Monday.

text

Alibaba enters financial IT market

A technology firm owned by Ma Yun, the founder of China's leading e-commerce company Alibaba, has taken over a division of Hundsun Group, a Chinese financial software provider.