Financial Services

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

Egypt wants World Bank to help on Ethiopia dam impasse

Dec 26, 2017

Egypt wants World Bank to help on Ethiopia dam impasse; project will be Africa's largest

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

China reports breaking up gang that moved $3 billion abroad

Nov 24, 2017

Chinese police say they have broken up a crime gang that smuggled $3 billion out of the country, evading foreign exchange controls by using bank accounts opened with stolen identity cards

Asia shares drift on Wall St retreat; ECB meeting in focus

Oct 26, 2017

Asian shares drift as Wall Street's retreat from recent record highs, widely awaited European Central Bank meeting give investors reason to pause

China promotes 3 potential central bank leaders

Oct 24, 2017

Three officials seen as candidates to succeed Chinese central bank governor Zhou Xiaochuan have been promoted to the ruling Communist Party's Central Committee, adding to signs Zhou might be headed for retirement after 15 years in the post

Sign up now!

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.

Contact us: sales[at]thefinancialcapital.com