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1h
New Zimbabwe
AfDB advisers in $4bn Batoka projecthave been to Beijing and met officials from the China Export & Credit Insurance
AfDB advisers in $4bn Batoka project
New Zimbabwe / Posted an hour ago
have been to Beijing and met officials from the China Export & Credit Insurance Corp, known as Sinosure, Export-Import Bank of China, contractors and individual financiers, Munodawafa said. Officials were also in France where there was “good... Read more
2 related stories
8h
The Hindu
Anuradha M. Chenoy writes on India-Russia bilateral ties: To revive an old friendshipa role in this), has got its yuan accepted as world currency by the Internation
Anuradha M. Chenoy writes on India-Russia bilateral ties: To revive an old friendship
The Hindu / Posted 8 hours ago
a role in this), has got its yuan accepted as world currency by the International Monetary Fund and the New York branch of Bank of China has been designated as the clearing house for the Chinese official currency, the renminbi. China is leveraging... Read more
9h
Zero Hedge
The Banquet Of Consequences Is Being Served (By The Central Banking Cartel)into. The Fed and its central banking brethren (most notably the European Cent
The Banquet Of Consequences Is Being Served (By The Central Banking Cartel)
Zero Hedge / Posted 9 hours ago
into. The Fed and its central banking brethren (most notably the European Central Bank, Bank of Japan, Bank of England and Bank of China), have decided to sacrifice investing for tomorrow (namely savings, and capital expenditure in productive... Read more
12h
AllAfrica.com
House Ratifies U.S.$86.9 Million Deal to Upgrade RIA Facilities, Build Mano River RoadsDevelopment Planning. The RIA upgrading report was signed between the governme
House Ratifies U.S.$86.9 Million Deal to Upgrade RIA Facilities, Build Mano River Roads
AllAfrica.com / Posted 12 hours ago
Development Planning. The RIA upgrading report was signed between the government of Liberia (GOL) and the Export-Import Bank of China and was last week submitted to the legislature for endorsement. The multinational loan agreement was signed... Read more
13h
New Zimbabwe
AfDB appointed advisers in $4bn Batoka projecthave been to Beijing and met officials from the China Export & Credit Insurance
AfDB appointed advisers in $4bn Batoka project
New Zimbabwe / Posted 13 hours ago
have been to Beijing and met officials from the China Export & Credit Insurance Corp, known as Sinosure, Export-Import Bank of China, contractors and individual financiers, Munodawafa said. Officials were also in France where there was “good... Read more
2 related stories
15h
Zero Hedge
Futures Fail To Rebound As Deutsche Bank Tries To Comfort Markets That It Is "Fine"at its slowest pace since the GFC, with Hong Kong markets the underperformer on
Futures Fail To Rebound As Deutsche Bank Tries To Comfort Markets That It Is "Fine"
Zero Hedge / Posted 15 hours ago
at its slowest pace since the GFC, with Hong Kong markets the underperformer on amid a lacklustre debut from Postal Savings Bank of China. 10yr JGBs were higher amid risk averse sentiment in Japan and the BoJ also in the market for over JPY 1.1tIn... Read more
15h
Market Watch
China's Postal Savings Bank flat in market debutclose slightly up with help from Goldman Sachs Group Inc. traders tapped to sup
China's Postal Savings Bank flat in market debut
Market Watch / Posted 15 hours ago
close slightly up with help from Goldman Sachs Group Inc. traders tapped to support its shares. Shares in Postal Savings Bank of China Co. closed up just 0.2% at $4.77 Hong Kong dollars in afternoon trading as investors showed little enthusiasm... Read more
3 related stories
15h
4029TV KHBS - KHOG Fort Smith - Fayetteville
The biggest IPO of 2016 was a big flopfor less than the net value of their assets mean PSBC is trading at a premium t
The biggest IPO of 2016 was a big flop
4029TV KHBS - KHOG Fort Smith - Fayetteville / Posted 15 hours ago
for less than the net value of their assets mean PSBC is trading at a premium to peers such as Industrial and Commercial Bank of China (ICBC), offering investors even less of an incentive, he added. Still, PSBC has an impressive reach across the... Read more
2 related stories
16h
AllAfrica.com
Govt Pays Shs 90 Billion in Fees for Failure to Spend Borrowed Moneyand fines," the auditor general's report says. The creditors that fined Uganda
Govt Pays Shs 90 Billion in Fees for Failure to Spend Borrowed Money
AllAfrica.com / Posted 16 hours ago
and fines," the auditor general's report says. The creditors that fined Uganda include the African Development Bank, Exim Bank of China, African Development Fund and the Islamic Development Bank - receiving 98 per cent of commitment charges in... Read more
17h
Channel NewsAsia
Asian markets down, energy firms hit by oil deal woesTrump, with the Democrat considered a safer pair of hands politically and econo
Asian markets down, energy firms hit by oil deal woes
Channel NewsAsia / Posted 17 hours ago
Trump, with the Democrat considered a safer pair of hands politically and economically. In Hong Kong the Postal Savings Bank of China was slightly higher at the end of its first trading day after the world's biggest initial public offering for... Read more
13 related stories
17h
4029TV KHBS - KHOG Fort Smith - Fayetteville
China IPO flop; big day for takeovers; oil still in the spotlight1. IPO flop: It was the biggest market debut of the year, and it was a big disa
China IPO flop; big day for takeovers; oil still in the spotlight
4029TV KHBS - KHOG Fort Smith - Fayetteville / Posted 17 hours ago
1. IPO flop: It was the biggest market debut of the year, and it was a big disappointment. Postal Savings Bank of China began trading in Hong Kong on Wednesday but the stock barely budged. It priced each share at 4.76 Hong Kong dollars ($0.61) for... Read more
18h
Channel NewsAsia
China's PSBC makes tepid debut on Hong Kong bourseHONG KONG: Postal Savings Bank of China (PSBC) made a low-key debut on the Hong
China's PSBC makes tepid debut on Hong Kong bourse
Channel NewsAsia / Posted 18 hours ago
HONG KONG: Postal Savings Bank of China (PSBC) made a low-key debut on the Hong Kong bourse on Wednesday (Sep 28), despite notching up the world's biggest IPO in two years aimed at expanding the business. China's fifth-biggest lender raked in a... Read more
3 related stories
19h
CNBC
Global IPOs expected to 'take off' in 2017 after political uncertainty held back activityenergies on preparing for 2017," the report added. The report was published on
Global IPOs expected to 'take off' in 2017 after political uncertainty held back activity
CNBC / Posted 19 hours ago
energies on preparing for 2017," the report added. The report was published on the same day as the lPO of Postal Savings Bank of China (PSBC), the world's largest initial public offering in two years. And perhaps underlining the weak sentiment... Read more
21h
CNBC
World's largest IPO this year goes over like a wet firecrackerIt may have been the world's largest initial public offering (IPO) in two years
World's largest IPO this year goes over like a wet firecracker
CNBC / Posted 21 hours ago
It may have been the world's largest initial public offering (IPO) in two years, but shares of Postal Savings Bank of China (PSBC) hit the Hong Kong market like a wet firecracker on Wednesday. Around midday, the shares were trading at 4.77 Hong Kong... Read more
2 related stories
23h
Bangkok Post - Thailand's English news
China's PSBC begins trading in Hong KongHONG KONG - Postal Savings Bank of China (PSBC) launched on the Hong Kong stock
China's PSBC begins trading in Hong Kong
Bangkok Post - Thailand's English news / Posted 23 hours ago
HONG KONG - Postal Savings Bank of China (PSBC) launched on the Hong Kong stock exchange Wednesday after the world's biggest initial public offering this year. The Postal Savings Bank of China (PSBC) has launched on the Hong Kong stock exchange,... Read more
2 related stories
1d
AllAfrica.com
Pres. Sirleaf Presents Loan Agreement for RatificationA Concessional Loan Agreement between the Government of Liberia and the Export-
Pres. Sirleaf Presents Loan Agreement for Ratification
AllAfrica.com / Posted yesterday
A Concessional Loan Agreement between the Government of Liberia and the Export-Import Bank of China has been submitted by President Ellen Johnson Sirleaf to the National Legislature for ratification. The agreement is in a minimum aggregate amount of... Read more
1d
Zero Hedge
"Hillary Rally" Fizzles As DB Hits New Record Low; Volkswagen Slammed; Oil Slides On Iran Statementhim with losses earlier this year Jamie Dimon and Sergio Ermotti starred in th
"Hillary Rally" Fizzles As DB Hits New Record Low; Volkswagen Slammed; Oil Slides On Iran Statement
Zero Hedge / Posted yesterday
him with losses earlier this year Jamie Dimon and Sergio Ermotti starred in the roadshow promoting Postal Savings Bank of China Co.’s share sale. Yet the executives’ participation in this year’s biggest initial public offering also serves... Read more
1d
Market Watch
How China matters to your 401(k)Group Holding Ltd., BABA, -1.69% telecommunication company China Mobile Ltd., C
How China matters to your 401(k)
Market Watch / Posted yesterday
Group Holding Ltd., BABA, -1.69% telecommunication company China Mobile Ltd., CHL, -1.18% and Industrial & Commercial Bank of China Ltd. IDCBY, -1.04% Those companies now make up a quarter of MSCI’s Emerging Markets Index, giving China the... Read more
1d
Swissinfo
JPMorgan, UBS Can’t Match China Bank Bonanzas of Past (Correct)(Bloomberg) -- Jamie Dimon and Sergio Ermotti starred in the roadshow promoting
JPMorgan, UBS Can’t Match China Bank Bonanzas of Past (Correct)
Swissinfo / Posted yesterday
(Bloomberg) -- Jamie Dimon and Sergio Ermotti starred in the roadshow promoting Postal Savings Bank of China Co.’s share sale. Yet the executives’ participation in this year’s biggest initial public offering also serves as a reminder that investing... Read more
3 related stories
1d
Market Watch
PBOC agrees to extend currency-swap deal with ECBextend a currency-swap line with the European Central Bank by an additional thr
PBOC agrees to extend currency-swap deal with ECB
Market Watch / Posted yesterday
extend a currency-swap line with the European Central Bank by an additional three years. Under the agreement, the People's Bank of China will be able to tap EUR45 billion ($50.65 billion) from Europe's central bank, while the ECB will get access to... Read more
1d
Quartz
Some of Donald Trump’s biggest whoppers during the US presidential debate were about Chinamore complicated that either simple devaluation or strengthening. In both Augus
Some of Donald Trump’s biggest whoppers during the US presidential debate were about China
Quartz / Posted yesterday
more complicated that either simple devaluation or strengthening. In both August and September of last year, the People’s Bank of China did carry out unexpected devaluations, part of an attempt to qualify for IMF reserve currency status. But for... Read more
1d
AllAfrica.com
Nigeria Keen On Cooperation With Chinese Investorscity at the Nigerian Investment and Financing Summit, organized by the Governme
Nigeria Keen On Cooperation With Chinese Investors
AllAfrica.com / Posted yesterday
city at the Nigerian Investment and Financing Summit, organized by the Government of Jiangxi Province, China; Export-Import Bank of China, Jiangxi Branch, in collaboration with the Nigeria-China Business Council. She said there were many states and... Read more
1d
Swissinfo
UBS, JPMorgan Can’t Match China Bank IPO Bonanzas of Decade Ago(Bloomberg) -- Jamie Dimon and Sergio Ermotti starred in the roadshow promoting
UBS, JPMorgan Can’t Match China Bank IPO Bonanzas of Decade Ago
Swissinfo / Posted yesterday
(Bloomberg) -- Jamie Dimon and Sergio Ermotti starred in the roadshow promoting Postal Savings Bank of China Co.’s share sale. Yet the executives’ participation in this year’s biggest initial public offering also serves as a reminder that investing... Read more
3 related stories
1d
Technode
Meituan-Dianping Moves To Second-half Era With Payment Startup Acquisitionlicense to accommodate in China. Not surprisingly, the company has received a w
Meituan-Dianping Moves To Second-half Era With Payment Startup Acquisition
Technode / Posted yesterday
license to accommodate in China. Not surprisingly, the company has received a warning this March from the PBOC (People’s Bank Of China) to remove the feature. The deal is more significant given that the PBOC announced last month that it’s not... Read more
2d
Business Insider
Hillary Clinton questioned whether Donald Trump 'owes about $650 million to Wall Street or foreign banks' — here's the backstorythat: An office building in Manhattan, which Trump partly owns, carries a $950
Hillary Clinton questioned whether Donald Trump 'owes about $650 million to Wall Street or foreign banks' — here's the backstory
Business Insider / Posted 2 days ago
that: An office building in Manhattan, which Trump partly owns, carries a $950 million loan, partially overseen by the Bank of China, one of the largest in the country. A "substantial portion" of Trump's wealth stems from three partnerships... Read more
2d
Digi Times
China starts tightening up control on third-party payment service companies[Monday 26 September 2016] The enactment of the administrative measures on non
China starts tightening up control on third-party payment service companies
Digi Times / Posted 2 days ago
[Monday 26 September 2016] The enactment of the administrative measures on non-financial institutions by the People's Bank of China (PBOC) in 2010 has since then resulted in a proliferation of more than 200 third-party payment service... Read more
3d
NZCity
Chinese eye NZ tourism investmentshortfall of 26 hotels needed in the next decade. David Wang, chairman of the
Chinese eye NZ tourism investment
NZCity / Posted 3 days ago
shortfall of 26 hotels needed in the next decade. David Wang, chairman of the Chamber and managing director of the Bank of China (NZ), said the bank has invited many of its premier clients to attend the event and is excited to show them... Read more
2 related stories
3d
New Zealand's National Business Review
Chinese eye NZ tourism investmentshortfall of 26 hotels needed in the next decade. David Wang, chairman of the
Chinese eye NZ tourism investment
New Zealand's National Business Review / Posted 3 days ago
shortfall of 26 hotels needed in the next decade. David Wang, chairman of the chamber and managing director of the Bank of China (NZ), said the bank has invited many of its premier clients to attend the event and is excited to show them... Read more
2 related stories
3d
The New Zealand Herald
Chinese eye NZ tourism investmentshortfall of 26 hotels needed in the next decade. David Wang, chairman of the
Chinese eye NZ tourism investment
The New Zealand Herald / Posted 3 days ago
shortfall of 26 hotels needed in the next decade. David Wang, chairman of the Chamber and managing director of the Bank of China (NZ), said the bank has invited many of its premier clients to attend the event and is excited to show them... Read more
2 related stories
3d
Fortune
How Donald Trump Could Legally Make Himself Richer In Officetaking office could put all of those deals under renewed scrutiny. Even Trump’s
How Donald Trump Could Legally Make Himself Richer In Office
Fortune / Posted 3 days ago
taking office could put all of those deals under renewed scrutiny. Even Trump’s oft-touted status as landlord to the Bank of China in Trump Tower could place him in jeopardy, if the state-backed bank agreed to pay above-market-rate rents in... Read more
3d
Sydney Morning Herald
Goldman to slash 25pc of Asia investment bankers10 positions in advising on Hong Kong initial public offerings this year, data
Goldman to slash 25pc of Asia investment bankers
Sydney Morning Herald / Posted 3 days ago
10 positions in advising on Hong Kong initial public offerings this year, data compiled by Bloomberg shows. Postal Savings Bank of China Co last week raised $US7.4 billion in a Hong Kong initial public offering, the world's biggest first-time share... Read more
18 related stories
4d
Business Standard India
Goldman Sachs to cut 25% investment jobs in Asia10 positions in advising on Hong Kong initial public offerings this year, data
Goldman Sachs to cut 25% investment jobs in Asia
Business Standard India / Posted 4 days ago
10 positions in advising on Hong Kong initial public offerings this year, data compiled by Bloomberg show. Postal Savings Bank of China Co. raised $7.4 billion in a Hong Kong initial public offering this week, the world's biggest first-time share... Read more
18 related stories
4d
The China Post
United States replaces China as Taiwan's largest debtorto China at a time when China's economic growth has showed signs of moderating.
United States replaces China as Taiwan's largest debtor
The China Post / Posted 4 days ago
to China at a time when China's economic growth has showed signs of moderating. The central bank added that the People's Bank of China, the Chinese central bank, has repeatedly lowered its key interest rates to boost the economy, which has... Read more
4d
Newsmax
Theresa May, Trump, Clinton Top Bloomberg's 50 Most InfluentialBusinessweek, also contains several obvious choices, including China's Zhou Xia
Theresa May, Trump, Clinton Top Bloomberg's 50 Most Influential
Newsmax / Posted 4 days ago
Businessweek, also contains several obvious choices, including China's Zhou Xiaochuan, who as Governor of the People's Bank of China, could "go down in history as the man who turned the yuan into a global currency." Another on the list, Jamie... Read more
5d
The Globe and Mail
China’s Fox Hunt in Canada strains trust that an extradition treaty is possiblestudy by research group Global Financial Integrity found, more than any other c
China’s Fox Hunt in Canada strains trust that an extradition treaty is possible
The Globe and Mail / Posted 5 days ago
study by research group Global Financial Integrity found, more than any other country. Over a similar period, the People’s Bank of China estimated 16,000 to 18,000 corrupt Chinese were on the run. The operation to pursue them has become a critical... Read more
2 related stories
5d
FOX Business
Japan: No Quick Fix, Lots Of Long-Term Reforms; China: Lots Of Quick Fixes, No Long-Term Reformdeployed inspectors out to the regional governments to ensure rapid implementat
Japan: No Quick Fix, Lots Of Long-Term Reforms; China: Lots Of Quick Fixes, No Long-Term Reform
FOX Business / Posted 5 days ago
deployed inspectors out to the regional governments to ensure rapid implementation of these stimulus measures. The People’s Bank of China (PBOC) has reduced reserve requirements and cuts its overnight rate to 4.35%, and clearly has additional room... Read more
5d
FOX Business
Japan: No Quick Fix, Lots Of Long-Term Reforms; China: Lots Of Quick Fixes, No Long-Term Reformdeployed inspectors out to the regional governments to ensure rapid implementat
Japan: No Quick Fix, Lots Of Long-Term Reforms; China: Lots Of Quick Fixes, No Long-Term Reform
FOX Business / Posted 5 days ago
deployed inspectors out to the regional governments to ensure rapid implementation of these stimulus measures. The People’s Bank of China (PBOC) has reduced reserve requirements and cuts its overnight rate to 4.35%, and clearly has additional room... Read more
5d
AllAfrica.com
Naira Falls to N436/$ On Parallel Market As Dollar Scarcity Worsensand borrowing to revive her slumping economy and boost foreign reserves. "Thro
Naira Falls to N436/$ On Parallel Market As Dollar Scarcity Worsens
AllAfrica.com / Posted 5 days ago
and borrowing to revive her slumping economy and boost foreign reserves. "Through sales of assets, through loans from the Bank of China or wherever, we need something like $15 billion," Dangote said in a Bloomberg TV interview at the U.S.-Africa... Read more
6d
The Morning Call
Trump's tax returns could reveal foreign dealsas regards our NATO ally, Ukraine. Also, recently it has been reported that he
Trump's tax returns could reveal foreign deals
The Morning Call / Posted 6 days ago
as regards our NATO ally, Ukraine. Also, recently it has been reported that he is in debt for millions of dollars to the Bank of China. We cannot allow this man to become president without having full knowledge of his dangerous ties to our... Read more
6d
The New Zealand Herald
World's biggest bank wants more NZ businessBank loaning $100m for Wellington project seeks more Industrial and Commercial
World's biggest bank wants more NZ business
The New Zealand Herald / Posted 6 days ago
Bank loaning $100m for Wellington project seeks more Industrial and Commercial Bank of China wants more infrastructure work in New Zealand. Photo/Nick Reed The world's biggest bank wants to fund more New Zealand infrastructure, citing bridges,... Read more
6d
AllAfrica.com
Buhari's China Visit - A Post-MortemPresident Xi Jingpin, was the currency swap agreement between Central Bank of N
Buhari's China Visit - A Post-Mortem
AllAfrica.com / Posted 6 days ago
President Xi Jingpin, was the currency swap agreement between Central Bank of Nigeria and Industrial and Commercial Bank of China Ltd, the biggest bank in China and the world's biggest money lender. As I wrote on this page on April 21, 2016... Read more
7d
New Kerala
Mergers no quick fix for public sector banks; they need autonomy, says ASSOCHAM Paper - newkerala.com #121906the top ten global banks on the S and P Global Market Ranking, the first four a
Mergers no quick fix for public sector banks; they need autonomy, says ASSOCHAM Paper - newkerala.com #121906
New Kerala / Posted 7 days ago
the top ten global banks on the S and P Global Market Ranking, the first four are from China with Industrial and Commercial Bank of China right at the top. Only two American banks - JP Morgan and Bank of America, figure on the table of top ten and... Read more
7d
Reuters
Volkswagen trucks eyes Asian acquisitions: trucks chiefPostal Savings Bank of China IPO raises $7.4 billion after pricing at low end
Volkswagen trucks eyes Asian acquisitions: trucks chief
Reuters / Posted 7 days ago
Postal Savings Bank of China IPO raises $7.4 billion after pricing at low end HONG KONG State-owned Postal Savings Bank of China (PSBC) raised $7.4 billion in the world's biggest initial public offering in two years, but the deal priced at the lower... Read more
2 related stories
7d
Reuters
Target to buy back $5 billion sharesPostal Savings Bank of China IPO raises $7.4 billion after pricing at low end
Target to buy back $5 billion shares
Reuters / Posted 7 days ago
Postal Savings Bank of China IPO raises $7.4 billion after pricing at low end HONG KONG State-owned Postal Savings Bank of China (PSBC) raised $7.4 billion in the world's biggest initial public offering in two years, but the deal priced at the lower... Read more
2 related stories
7d
Zero Hedge
September 21Boggs, a Washington-based law firm long known for its lobbying work. http://nyt
September 21
Zero Hedge / Posted 7 days ago
Boggs, a Washington-based law firm long known for its lobbying work. http://nyti.ms/2clbiJm - State-owned Postal Savings Bank of China Co Ltd, one of the country's biggest lenders, on Wednesday priced shares for its initial public offering next... Read more
9 related stories
7d
The China Post
Yuan settlement expands along the Belt and Road4.64 billion yuan ($695 million) by June this year.Wang Xiaodong, president of
Yuan settlement expands along the Belt and Road
The China Post / Posted 7 days ago
4.64 billion yuan ($695 million) by June this year.Wang Xiaodong, president of Kashgar central sub-branch of the People's Bank of China, said as surging trade activities push China and more countries along the Belt and Road Initiative toward a new... Read more
7d
Channel NewsAsia
China's PSBC raises US$7.4 billion in Hong Kong IPOHONG KONG: Postal Savings Bank of China (PSBC) is set to raise ID$7.4 billion i
China's PSBC raises US$7.4 billion in Hong Kong IPO
Channel NewsAsia / Posted 7 days ago
HONG KONG: Postal Savings Bank of China (PSBC) is set to raise ID$7.4 billion in its Hong Kong initial public offering, which is expected to be the world's biggest flotation this year, reports said Wednesday. The listing is also poised to be the... Read more
7d
Fortune
China’s Postal Savings Bank IPO Raises $7.4 billionThe biggest IPO of the year goes to a Chinese state-owned lender called Postal
China’s Postal Savings Bank IPO Raises $7.4 billion
Fortune / Posted 7 days ago
The biggest IPO of the year goes to a Chinese state-owned lender called Postal Savings Bank of China, which as the name implies, locates most its branches inside post offices. The lender raised more than $7 billion today in Hong Kong, reports the... Read more
7d
Business Standard India
Postal Savings Bank of China IPO raises $7.4 billion after pricing at low end: IFRThe bank, seeking to bolster its balance sheet and fund future lending growth,
Postal Savings Bank of China IPO raises $7.4 billion after pricing at low end: IFR
Business Standard India / Posted 7 days ago
The bank, seeking to bolster its balance sheet and fund future lending growth, had originally sought to raise up to $8.1 billion The bank, seeking to bolster its... Read more
7d
TheBull
China's PSBC raises $7.4 billion in Hong Kong IPO: reportsPostal Savings Bank of China (PSBC) is set to raise $7.4 billion in its Hong Ko
China's PSBC raises $7.4 billion in Hong Kong IPO: reports
TheBull / Posted 7 days ago
Postal Savings Bank of China (PSBC) is set to raise $7.4 billion in its Hong Kong initial public offering, which is expected to be the world's biggest flotation this year, reports said Wednesday. 21.09.2016 03:36 PM Postal Savings Bank of China... Read more
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