1.New forms, models of foreign trade to gain momentum China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State ...
Tags: Green Industry, Digital Technology
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
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
It's been reported that online financing and retail investment platform JD Finance, a subsidiary of JD.com, is preparing a 5-billion-yuan Series A funding round with a domestic IPO targeted in 2017. Media reports say the Series A will ...
Tags: Finance Solicits, JD
Experts and insiders say with the industry booming in China, the country's plan to modernize its financial services may have just entered a golden era. [Photo: nipic.com] Internet finance has become a hot topic at the ongoing World ...
A guideline for China's Internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum. The guideline seeks to "promote the healthy development ...
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
Investors are second-guessing the underlying strength of the world’s two biggest economies as each faces homegrown challenges. China is still expected to maintain steady growth this year, albeit without the vim it once had. But its ...
Tags: Chinese Economies, U.S.Economies
BMO Insurance today introduced BMO Guaranteed Investment Funds (GIFs) - segregated funds which are designed to help Canadians reach their retirement saving goals while protecting their hard-earned dollars. The funds are an ideal choice ...
Tags: Service
The U.S. Green Building Council (USGBC) announced that LEED v4, the newest version of the LEED green building program, launched Nov. 20 at the annual Greenbuild International Conference and Expo in Philadelphia. LEED has revolutionized ...
Tags: USGBC, launch, Newest Version, LEED
Zurich Insurance, a Switzerland-based multi-line insurance provider, is planning to scrap all of its 700 life insurance agents in Hong Kong by the end of the year, as its focuses to sell insurance products from agents to brokers and ...
Tags: Zurich Insurance, Life Insurance
When the world was digesting news of Detroit’s bankruptcy in July, the biggest ever by a municipality in the US, attention in China turned to the highly indebted government of Jiangsu province. Provincial, city and county authorities ...
Tags: Bond Markets, Local Officials
Manulife Financial, a Canada-based life insurance provider, has swung to a profit of C$1.03bn ($989m), for the third quarter of 2013, compared with a loss of C$211m for the same period in 2012. The net earnings were driven by strong ...
Tags: insurance, Core earnings
Yang Huiyan, 32, has become China's richest woman of 2013 with a fortune of 51 billion yuan ($8.33 billion), according to Hurun China's Women Rich List 2013, released by the Hurun Research Institute in Shanghai on Tuesday. More than half ...
Tags: Female Billionaires