Hong Kong's Financial Secretary John Tsang on Friday expressed welcome to the mutual recognition of funds arrangement between the mainland and Hong Kong.
China's insurance regulator on Tuesday issued a guidance for internal control of insurance funds partly to raise the sector's risk management capability.
The stock index futures market is caught in “severe winter” by the precipitate policies. China Financial Futures Exchange put forward the strictest control measures to stem over-speculation on Sept. 2, which made it difficult for index arbitrage, high frequency trading and even hedging and significantly hit most quantitative hedge products.
Although growth uncertainties abound home and abroad, China has plenty of policy options -- especially on the fiscal front -- to put the economy on track to deliver the around 7 percent annual target.
China's Finance Minister on Friday denied rumor that the government spent 300 billion yuan (47.9 billion U.S. dollars) on public vehicles, receptions and trips.
The United Nations' resolution to provide a regulatory framework for debt restructuring is a "clear show of support" for Argentina in its ongoing debt dispute, an Argentine senior official said on Wednesday.
China's top legislature on Sunday adopted a revision to the Budget Law which clears ambiguity and closes loopholes in managing the trillions of yuan involved in fiscal revenue and spending.
Chinese e-commerce giant Alibaba Group took a major step into Internet finance on Friday by starting funds sales on its popular online shopping platform Taobao.
The Chinese government on Tuesday vowed to strengthen management of public funds used to ensure people's livelihood, such as poverty-relief funds.
Hong Kong Monetary Authority (HKMA) announced Thursday two upgrades in the provision of Renminbi (RMB) liquidity to authorized institutions participating in RMB business in Hong Kong to make short-term RMB funds easier to access.
Hong Kong Monetary Authority announced two upgrades in the provision of renminbi liquidity to authorized institutions participating in renminbi business in Hong Kong on Thursday, including the provision of overnight funds available on the same day, which will take effect from Friday.
South Korea's fund market expanded last year due to an increase in inflow into money market funds ( MMF), financial derivative-linked funds and real estate funds that offset an outflow from stock-type funds, industry data showed Friday.
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