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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Anticipated Economic Adjustments and Inflationary Trends in the Norwegian Economy

A marginal acceleration in the annual core inflation rate...

Japan Reportedly Conducted Multiple Currency Market Interventions to Support Weakening Yen

Repeated interventions in the foreign exchange market were reportedly...

The Strategic Reinforcement of Pan-Asian Financial Infrastructure and the Expansion of Cross-Border Capital Facilitation

A significant expansion of investment banking capabilities within the...

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