China’s economy has long been supported by a great wall of debt, much of it hidden off local governments' balance sheets. To ...
Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to ...
The People's Bank of China, the country's central bank, has launched the first operation of a new swap facility aimed at ...
With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing.
According to SAFE, the accumulative amount of cross-border receipts and payments by non-banking sectors was $5.2594 trillion ...
China should issue 2 trillion yuan ($281 billion) of special government bonds to help create a market stabilization fund, according to a top government-linked think tank. The fund would promote market ...
Debt restructuring is a central part of Beijing’s stimulus package. It demands investor patience and sophistication.
China stocks extended gains on Tuesday as local financial institutions stepped up tapping the central bank's new policy tool ...
Global funds sold Chinese sovereign notes at the fast pace on record last month as the appeal of a once-popular swap-based ...
TORONTO, Oct 21 (Reuters) - The Canadian dollar weakened to a near 11-week low against its U.S. counterpart on Monday, as the gap between U.S. and Canadian bond yields weighed on the currency ahead of ...
Passed Up for the Ticket, Shapiro Tries to Deliver Pennsylvania for Harris Gov. Josh Shapiro of Pennsylvania may not be on the verge of the vice presidency, but he says he has everything riding on ...
Wall Street fell at the open, placing US equity indices on course for their first back-to-back decline in more than a month. The benchmark S&P 500 shed 0.4 per cent after the opening bell in New York.