Financial Services

Vietnam prosecutors seek jail terms for former oil execs

Jan 11, 2018

Vietnamese prosecutors are seeking long jail terms for former oil company executives accused of mismanagement or embezzlement, including a former senior Communist Party official and an official whom government agents allegedly kidnapped from Germany

China: Report buying of US debt might stop is 'fake news'

Jan 11, 2018

China's foreign exchange regulator has challenged a news report that it might slow or stop purchases of U.S. Treasury debt due to trade tensions with Washington as "fake news."

US bars $1.2B Chinese acquisition of MoneyGram

Jan 3, 2018

Chinese billionaire Jack Ma has dropped his bid to buy U.S. money transfer company MoneyGram after Washington rejected the $1.2 billion deal in a fresh example of heightened American scrutiny of Chinese investment

Bank of Japan keeps easy credit stance as inflation eludes

Dec 21, 2017

Japan's central bank opts to keep its ultra-lax monetary policy unchanged as inflation eludes

Chinese leaders promise more imports, less financial risk

Dec 20, 2017

Chinese leaders have promised to increase imports and reduce risks in their financial system following an annual economic planning meeting

Britain's finance minister in China to promote trade

Dec 15, 2017

Britain's finance minister tells China's premier there are "many opportunities" to expand commercial ties as he starts a visit aimed at developing trade as the United Kingdom prepares to leave the European Union

Asian stocks mostly lower as US tax bill uncertainty weighs

Dec 15, 2017

Asian stock markets are mostly lower as uncertainty about the progress of a sweeping U.S. tax revamp outweighed an optimistic Japanese economic survey

China reacts to Fed rate hike by nudging up key policy rate

Dec 14, 2017

China's central bank has reacted to the U.S. Federal Reserve's interest rate increase by nudging up its own rate for lending to commercial banks but left rates for borrowing by companies and the public unchanged

Asian shares mixed as Fed hike gives investors few surprises

Dec 14, 2017

Asian stocks mixed after Fed rate hike, China follows with increase in short, medium-term lending rates

World stocks turn higher as investors eye Fed decision

Dec 12, 2017

World stocks turn higher as investors look ahead to expected Fed rate increase

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