Financial Services

China's foreign reserves rise following capital controls

Mar 7, 2017

China's foreign exchange reserves have rebounded from a six-year low after Beijing imposed controls to stop a flood of capital flowing out of the country

China trims 2017 growth target, warns against trade controls

Mar 5, 2017

China's top economic official has trimmed its official growth target and warned of the dangers of global pressure for trade controls

China arrests 800 in crackdown on underground banking

Feb 27, 2017

China's police ministry says more than 800 people have been arrested in a crackdown on informal banks as authorities try to curb outflows of money from the country

Regulator: China needs to rein in risky stock behavior

Feb 26, 2017

A Chinese regulator says Beijing needs to rein in risky behavior by financial industries following market turmoil in 2015 that battered investors

IMF says it has agreed terms for $5 bn loan to Mongolia

Feb 19, 2017

The International Monetary Fund and other partners have agreed on terms for a $5 billion loan to the Mongolian government to help get the north Asian country's economy back on track

Global stocks gain as Fed shows confidence in rate hikes

Feb 15, 2017

Global stock markets are mostly higher after Federal Reserve chair Janet Yellen said the U.S. central bank could raise interest rates as soon as next month

Most Asian markets higher after new Wall Street high

Feb 15, 2017

Most Asian stock markets are higher after U.S. stock indexes climbed further into record territory

China faces political conflicts in moves to cut debt burden

Jan 25, 2017

Chinese leaders face conflicting political pressures as they begin tackling a swelling mountain of corporate debt that is fueling fears of a financial crisis

IMF raises China growth forecast but warns on debt

Jan 16, 2017

The International Monetary Fund has raised its growth forecast for China but warned that rising debt which has prompted concern about the country's finances increases the risk of a sharper slowdown

McDonald's sells China business in deal worth up to $2.1B

Jan 9, 2017

Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion

Financial Markets

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