Financial Services

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

End of an era as Hong Kong stock trading floor set to close

Oct 20, 2017

End of an era for Hong Kong's last remaining stock market floor traders as exchange prepares to shut its trading hall, joining other world exchanges in going fully automated

World stocks mixed as momentum fades after Wall St record

Oct 11, 2017

World stocks mixed ahead of the release of the latest Fed meeting minutes, Chinese communist party meeting next week

World Bank raises Asia growth forecast, warns of NKorea risk

Oct 4, 2017

World Bank raises growth for developing economies of East Asia and the Pacific but warns risks to outlook include rising protectionism, geopolitical tensions over North Korea

Graft accusations made against Chinese insurance regulator

Sep 25, 2017

China's top anti-corruption body says the country's former insurance regulator has been turned over to prosecutors to face criminal charges accusing him of bribery and other offenses

Asian markets rise ahead of Trump speech, Fed meeting

Sep 18, 2017

Asian stock markets have risen ahead of this week's U.S. Federal Reserve policy meeting and President Donald Trump's speech at the United Nations

World stocks fall on NKorea launch, central banks outlook

Sep 15, 2017

World stocks mixed as investors brush off North Korea launch, turn focus to next Fed meeting

Chinese bitcoin exchange announces it is ending trading

Sep 15, 2017

One of China's biggest bitcoin exchanges says it will stop trading following reports regulators have ordered all Chinese exchanges for the digital currency to close

Founder of online Chinese lender sentenced to life for fraud

Sep 13, 2017

The founder of a Chinese online lending company was sentenced to life in prison after his company defrauded depositors of $7.7 billion in one of China's biggest financial scams

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