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IOC ‘worried’ by new Aiba president’s heroin trade and organised crime

Amateurboxing’sgoverningbody,Aiba,hasbeenplungedintoafreshcrisisaftertheInternationalOlympicCommitteeadmitteditwas“extremelyworried”thatamanlinkedtoorganisedcri

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China: CITIC Group to invest US$15 bln in Tianjin city

TheCITICGroup,astate-ownedinvestmentcompany,hassignedastrategiccooperationagreementwiththeTianjingovernment,intendingtoprovideinvestmentandfinancingof100billion

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CITIC Group to invest US$15 bln in Tianjin city

TheCITICGroup,astate-ownedinvestmentcompany,hassignedastrategiccooperationagreementwiththeTianjingovernment,intendingtoprovideinvestmentandfinancingof100billion

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China to step up regulations in banking sector

China'sbankingregulatorsaiditwilltightenregulationsinthebankingsectorthisyearinamovetodefusefinancialrisks.PrioritiesoftheworkwerelistedinastatementoftheChinaBa

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EU may treat some UK financial rules as equivalent after Brexit

TheEuropeanUnioncouldtreatsomeBritishfinancialregulationasequivalenttoEUlawafterBrexit,butwouldnotgivefinancialfirmsageneral“passport”todobusinessinthesinglemar

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China tightens entrusted loan management

China'sbankingwatchdogonSaturdayissuedrulestotightenmanagementoverentrustedloans,aformofbusiness-to-businesslendingthatinvolvescommerciallendersasintermediaries

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China tightens bond trading rules in deleveraging campaign

China'sfinancialauthoritieshavepublishednewrulestoregulatebondtrading,withafocusonrestrictingleverageandbanningunder-the-tabledealsdesignedtoskirtregulations.Th

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Pakistan says not mulling over new IMF bailout

PakistaniMinisterofStateforFinanceRanaMuhammadAfzalKhansaidinKarachionThursdaythatthePakistanigovernmenthasnointentiontoasktheInternationalMonetaryFund(IMF)fora

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China's Tencent gains license to distribute third-party mutual funds

ChinesetechgiantTencenthaspushedtoobtainlicencestobuildfinancialserviceplatformstocompeteagainstrivalsAlibabaGroupandBaidu,andrecentlysecuredalicensetosellthird

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Britain wants financial services included in EU trade deal: David Davis

BritainwantstoincludefinancialservicesinatradedealwiththeEuropeanUnionwhichcoversafullsweepofeconomicareas,BrexitministerDavidDavissaidonTuesday.Davissaidthatan

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China's bit to stabilize global growth

Inaworldconfrontedwithrisksanduncertainties,Chinaremainsunwaveringinopeninguptotherestoftheworld,whiledomesticallypersistinginreformandtacklingfinancialchalleng

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China, Britain to enhance cooperation

ChinesePremierLiKeqiangmetwithBritishChancelloroftheExchequerPhilipHammondFridayafternoon,pledgingtostrengthenpoliticaltrustandcooperateinanumberofkeyareas,such

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China cracks down on online micro-lending firms with new rules

China’sfinancialregulatorsonFridayissuednewrulestolocalgovernmentstargetingfast-growingonlinemicro-lenders,whicharepartofacampaigntoreininarapidlydevelopingfina

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Forex regulator warns risks may rise

China'stopforeignexchangeregulatorwarnedonWednesdaythatsystemicriskwillpossiblyriseintheforeignexchangemarketduetounexpectedfluctuationsfromirrationaltrading,as

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United Overseas Bank opens branch in Southwest China

heUnitedOverseasBank(UOB)hasopenedabranchinKunmingcity,Yunnanprovince,reflectingatrendthatanincreasingnumberofforeignfinancialinstitutionsaredeployingforexpansi

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M2 slowdown will not significantly affect real economy

People’sDaily,themouthpieceoftheCommunistPartyofChina,hasrunacommentarytocombatthebeliefthatmoneysupplyhasdroppedtoanewrecordlow,whichcameafterthereleaseofnewda

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China’s M2 slowdown will not significantly affect real economy: media

People’sDaily,themouthpieceoftheCommunistPartyofChina,hasrunacommentarytocombatthebeliefthatmoneysupplyhasdroppedtoanewrecordlow,whichcameafterthereleaseofnewda