China's central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry. The new rules require real-name ...
Tags: China Central Bank, Online Payment
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures
A STEADY-AS-SHE-GOES statement from the US central bank and easing fears about Cyprus has had little impact on the Australian dollar. At 7am AEDT, the local unit was trading $US1.0379, level with where it ended the local session ...
The dollar has largely held its ground against a global wave of negativity stemming from Cyprus' rejection of a bank deposit levy. At 5pm AEDT, the currency was trading at $US1.0379, down slightly from $US1.038 yesterday. CMC markets ...
Tags: Dollar, Australian dollar, currency
The Australian dollar fell after the Cypriot parliament failed to pass a bank deposit tax that was a condition of a bailout for the island nation. At 6.30am AEDT the local unit was trading at 103.63 US cents, down from 103.80 cents at ...
Tags: Australian dollar, US cents, European Union
Speech by the Governor Qinghai is located in northwestern China, on the Qinghai-Tibet Plateau, and is reputed as the ancestor and the Source of Thousands of Mountains and rivers. Qinghai is the source of the Yangtze, Yellow and Mekong ...
Tags: Qinghai, business, introduction to Qinghai, Qinghai economy, survey
Since 2204, the strategy manager of Taiwan New Energy&Electricity Company Chen Yongchang began to pay attention to the development of Taiwan and mainland PV industry, and to learn the related enterprises’ operation model. He said, I ...
Tags: strategy manager, investigation
Due to heavy losses resulting from weak demand as well as over expansion, about 10% of LED companies in China are expected to withdraw from the segment soon. The rapid growth of the LED industry in China has been attracting many firms to ...
Tags: market view, led chip