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Trump appoints new head of financial watchdog

USPresidentDonaldTrumponFridayappointedWhiteHousebudgetdirectorMickMulvaneytoheadafinancialwatchdogthattheadministrationhassoughttooverhaulaspartofitsderegulati

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EU banks have cut exposure to Britain since Brexit vote

BanksonmainlandEuropehavecuttheirexposurestoBritainsincetheBrexitvotelastyearandareconcernedaboutthelegalityofcross-borderdealsoncetheUKleaves,theEuropeanUnion’

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Britain’s gravest economic challenge isn’t Brexit

FewBritishbudgetshavematteredasmuchastheonethatPhilipHammondwilldelivertotheHouseofCommonsonNov.22.ThechancelloroftheexchequermustshoreupTheresaMay’sperilouslys

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Commentary: Britain’s gravest economic challenge isn’t Brexit

FewBritishbudgetshavematteredasmuchastheonethatPhilipHammondwilldelivertotheHouseofCommonsonNov.22.ThechancelloroftheexchequermustshoreupTheresaMay’sperilouslys

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China to ease foreign ownership in new energy vehicles

Chinawillsignificantlyeasemarketaccesstothefinancialsector,reducetariffsoncars,andtrytocurtailforeignownershiprestrictionsinthenewenergyvehicle(NEV)industry,ase

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China: Financial stability committee launched

Anationalcommitteeforoverseeingfinancialstabilityanddevelopment-anewCabinet-levelregulatorybody-convenedonWednesdayforitsfirstplenarymeeting.Analystssaidthenewc

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China's Central bank head urges more reform

Deepenedreformandopening-uparethekeymeasurestoproactivelycontrolsystematicrisksinChina'sfinancialsector,promotedbyoverallcoordinationbetweenregulatoryinstitutio

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Opinion: Bitcoin or Bit-con? Don't believe the hype

TherehasbeenmuchhypeaboutBitcoinandotherso-calledcryptocurrenciessuchasEthereum,Litecoin,etc.Thishypehasmainlymanifesteditselfasaninvestmentmaniathatrecallslege

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Bank of England believes Brexit could cost 75,000 finance jobs

TheBankofEnglandbelievesthatupto75,000jobscouldbelostinfinancialservicesfollowingBritain'sdeparturefromtheEuropeanUnion.TheBBCunderstandsseniorfiguresattheBanka

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Jerome Powell: Trump's likely pick to lead the Federal Reserve

DonaldTrumplookssettoappointJeromePowell,aformerprivateequityexecutiveatCarlyleGroupandcurrentmemberoftheFederalReserve,asthenextFederalReservechair.Whiletheoff

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Singapore unveils plans to bolster status as Asian financial hub

SingaporehasunveiledaroadmapforstrengtheningitsstatusasanAsianfinancialhub,withtheaimofgrowingthesectormorethan4percentperyearandcreatingthousandsofjobs.“Withte

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China to step up oversight of online cash loans

AsonlinecashloanserviceprospersinChina,theChinesegovernmentisreadytostepupitsoversightofthislightlyregulatedindustry.JiZhihong,directorofthefinancialmarketsdepa

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China: This financial push is for real

Theeconomicsectorthatproducesgoodsandservicescoastsoninnovativehelpfromcommercialbanks,otherfinancialinstitutionsOutsidetheambitofcorporatespotlights,withoutsee

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This financial push is for real

Theeconomicsectorthatproducesgoodsandservicescoastsoninnovativehelpfromcommercialbanks,otherfinancialinstitutionsOutsidetheambitofcorporatespotlights,withoutsee

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Foreigners may get more access to China's banking sector

ThenationwillacceleratetheopeningupofitsbankingsectortoforeigninvestorsandconsiderstepstoincreasetheupperlimitofshareholdinginChinesefinancialinstitutionsbyfore

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IMF welcomes China’s SOE reform and credit control

China’sreformofstate-ownedenterprises(SOEs)andthecontinuedreininginofcreditinordertocontrolitsfinancialriskwillbemostwelcome,saidChristineLagarde,ManagingDirect

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Big money managers target Chinese stocks

JohnPearcehasreturnedtoSydneyfromaweekinHongKongbeaming,withoneclearmessageofwheretoinvesthisnextdollar:theChinesemainland.Thechiefinvestmentofficerwhoisincharg