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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The Strategic Expansion of Regional Investment Banking Operations and Middle-Market Coverage by Bank of America

A significant expansion of regional investment banking operations across...

The Exploratory Disposals of Core Financial Processing Frameworks within the United States Banking System

Discussions have reportedly been initiated by the payments processing...

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