Tag: China

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Evergrande domestic debt deal calms contagion concern

China Evergrande agreed to settle interest payments on a domestic bond. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with China’s broader economy. Through...

Prudent monetary policy to be maintained by China

Pan Gongsheng, vice governor of the People’s Bank of China (PBOC) stated that China will maintain prudent monetary policy. He also told a news conference that...

New innovative by Bank of Africa

Multinational pan-African banking conglomerate Bank of Africa will launch a new innovative offering for South to North money transfer. The media report says that...

China finances setup of APEC fund to fight Covid-19

President Xi Jinping said during a virtual meeting of the Asia-Pacific trade group that China has financed the setup of a fund under APEC to...

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Crypto and Banks Intensify Senate Lobbying Ahead of Key Clarity Act Vote

The battle over major cryptocurrency legislation in the United...

Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...

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