Leaders of the Group of Seven (G7) remained divergent on Japan's appeal for enlarging public spending to boost global economic growth, Prime Minister Shinzo Abe said Thursday after their discussion on global economy.
Finance chiefs of the Group of Seven (G7) remained apart over the foreign exchange rate and coordinated step to boost public spending so as to improve world economy growth after their two-day meeting in Sendai in northeast Japan on Saturday.
Employees in the finance sector earned more money than those in other industries in 2015, according to the data released Friday by the National Bureau of Statistics (NBS).
The owners of a super-luxury Hong Kong flat that was recently foreclosed had used another flat on the same floor to use as collateral six times to raise money for more investments even as it stopped paying instalment on the first one.
Chinese Internet finance players are having mixed feelings about a raft of new policies designed to regulate the rapidly growing sector.
A guideline for China's internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum.
Eurozone finance ministers and Greece on Friday agreed on a final agreement over the bailout extension by four months, Eurogroup president Jeroen Dijsselbloem said during a press conference.
Myanmar will host an ASEAN conference to discuss challenges for countries -- Cambodia, Laos, Myanmar and Vietnam -- in striving for access to finance.
On Wednesday morning, online finance product Yu'ebao handed out 1.43 yuan for each 10,000 yuan (1,626 U.S. dollars) of investment to its users.
About 66 percent of Chinese are planning to divert some proportion of their bank deposits to Internet finance products, according to new survey results.
Each morning when he wakes up, Yang Qingfeng opens an app on his mobile phone to check his earnings from Yu'ebao, China's most popular money market fund.
China will promote the healthy development of its burgeoning Internet finance, according to a government work report delivered by Premier Li Keqiang on Wednesday.
Online deposit products provided by Chinese technology firms have not only gotten on the nerves of big commercial banks, but drawn attention from the country's top legislators and political advisors.
China's securities regulator said on Friday that it would work with other agencies to issue a set of rules to govern the burgeoning Internet finance industry.
The Chinese tradition of giving gifts of red envelopes stuffed with cash went virtual and viral ahead of lunar new year as China's Internet moguls court the booming Internet finance market.
IFC, a World Bank member, and banking multinational Standard Chartered have signed a risk sharing facility, which will increase the amount of Renminbi-denominated trade finance in emerging markets, an IFC statement said Tuesday.
When South Korea was picked last October to host the UN Green Climate Fund (GCF), its Finance Ministry was full of excitement as it was the first secretariat office of a major international body stationed in the country.
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