Banks China’s July forex reserves fall to $3.20 trillion Noha Gad Aug 7, 2016 0 China's foreign exchange reserves fell to $3.20 trillion in July, central bank data showed on Sunday, in line with…
forex news China’s yuan firms as companies cover short positions Noha Gad Aug 3, 2016 0 China's yuan firmed on Wednesday as some corporates covered their short positions after an unexpected dollar…
Industry & Trade China’s cabinet unveils steps to bolster investment Noha Gad Jul 19, 2016 0 China's cabinet has unveiled detailed measures, including widening financing channels for firms and establishing…
Banks China C.bank to inject 30 billion yuan via seven-day reverse repos Noha Gad Jul 13, 2016 0 China's central bank will inject 30 billion yuan ($4.49 billion) into money markets through seven-day reverse bond…
Industry & Trade China Q2 economic growth seen cooling to 6.6 %, weakest in seven years Noha Gad Jul 11, 2016 0 China's economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter as the…
International News China’s soft inflation, grim global outlook point to more stimulus Noha Gad Jul 10, 2016 0 Soft Chinese inflation and G20 concerns that the global recovery remains grim are hardening views among some…
forex news Yuan, Aussie sink on report China to tolerate weaker yuan Noha Gad Jun 30, 2016 0 China's yuan sank to a six-month low against the dollar in offshore trade on Thursday and the Australian dollar…
Tech news Payments app Circle raises $60 million in China expansion Ghada Ismail Jun 27, 2016 0 U.S.-based payments app Circle has raised $60 million from Chinese investors and launched a company in China, as it…
Banks Central banks move to calm edgy markets amid Brexit storm aya salah Jun 25, 2016 0 Some of the world's biggest central banks offered financial backstops to soothe plunging markets on Friday after…
Banks China central bank holds line on growth forecast but sees more pain to come Noha Gad Jun 8, 2016 0 China's central bank slashed its forecast for exports on Wednesday, predicting a second straight annual fall in…