text

Pound's strong run continues with push above $1.43

Thepoundhascontinueditsrecentstrongrunagainstthedollarpushingfirmlyabove$1.43.ItistheseventhsessioninarowthatthepoundhasmadegainsagainsttheUScurrency.Thestrongr

text

British Pound's strong run continues with push above $1.43

Britishpoundhascontinueditsrecentstrongrunagainstthedollarpushingfirmlyabove$1.43.ItistheseventhsessioninarowthatBritishpoundhasmadegainsagainsttheUScurrency.Th

text

Barcelona step up interest in Brazilian midfielder Arthur

BarcelonahavebeguntalkstosignhighlyratedGremiocentralmidfielderArthurMelo,theBrazilianclubsaidonSunday.The21-year-oldwaslinkedwithBarcelonalastmonthafterbeingph

text

Global coordination important as world economy changes

GlobalcoordinationisimportantViceFinanceMinisterastheworldeconomyundergoeschanges,includingthelatestincreaseinU.S.interestratesearlierthismonth,China'sZhuGuangy

text

China bans online loans to college students

Chinahasbannedonlineloanstocollegestudentsfollowingathree-yearboomincampuslending,whichhasbeenaccompaniedbyoutrageoverexorbitantrates,violentdebtcollectionpract

text

CB keeps key interest rates unchanged

The European Central Bank (ECB) Thursday decided here to maintain the key ECB interest rates at present levels for an extended period of time.

text

Vietnamese PM expresses concerns over growing black credit

Vietnamese Prime Minister Nguyen Xuan Phuc on Thursday expressed his concerns over the situation that black credit remains growing in Vietnam, especially in rural areas.

text

EU fines three major banks over interest rate rigging

The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest rate benchmark used for a wide range of financial instruments.

text

Fed's Brainard warns against rush to raise US interest rates

Market analysts lower estimate of rate rise in Fed’s September 20-21 meeting

text

U.S. stocks tumble amid Fed officials' comments, rate hike concern

U.S. stocks ended sharply lower on Friday, as investors became cautious amid comments by U.S. Federal Reserve officials and concerned that the central bank might hike interest rate this month.

text

SIRC emergently inspects data of universal life insurance of H1

Premium income from life insurance products in China has grown fast in recent years with premium income from investment-oriented insurance seeing the biggest growth. While noticing that market vitality has been activated, regulators are also aware of potential risks of some businesses and companies beneath prosperity of the market.

text

Global economy faces more risks amid sluggish recovery

Looking back at the past half year's global economy, it is disappointing to see a weak recovery and a risky future.

text

High-interest loans on campus fuel concerns

It is said that a picture is worth a thousand words. For some college students in China it can be worth a high-interest loan totalling thousands of yuan.

text

China mulls creating new interest-rate mechanism

China is exploring the creation of a mechanism that would use a band to guide the country's interest rates, an approach aimed at giving the market a greater say in the financial system, a senior monetary official said on Sunday.

text

Living with a negative rate, lower rates could buoy people with mortgages

This is the second and final installment of a two-part series.The impact of the Bank of Japan’s recent decision to introduce a negative interest rate policy will likely extend to people with housing loans, with already-low interest rates nudged down even further.

text

BOJ's surprising steps stopgap antidote to domestic woes, may spark broader devaluations

The Bank of Japan (BOJ) on Friday surprised markets by announcing that it would introduce a negative interest rate to show resolution in the fight against prolonged deflation.

text

China's rate cut to promote growth

China's central bank on Friday cut interest rates and lowered the reserve requirement ratio (RRR) to promote growth and interest rate liberalization.