Australia & New Zealand Banking Group (ANZ.ASX) plans to invest US$300 million in its China unit and more than triple its bank branch network in China in
South Korea's National Pension Service will use up its US$100 million quota to invest in China and intends to seek further permission to buy into Chinese sec
China's central bank cut the required reserve ratio for its biggest banks by 50 basis points on Saturday, freeing an estimated RMB400 billion (US$63.5 billio
China Everbright Bank (601818.SH) has reapplied to conduct an initial public offering in Hong Kong in June, after delaying its listing last July due to volat
Chinese regulators announced new rules requiring foreign auditors to, among other things, appoint a Chinese national as their chief partner in China, the
The Federal Reserve will allow three of China's Big Four banks to expand operations in the US and additionally approved two Chinese state-owned investment fu
China on Friday agreed to let foreign companies own bigger stakes in Chinese securities firms, a result of high-level talks between US and Chinese trade offi
Singaporean sovereign wealth fund Temasek Holdings sold US$2.48 billion worth of stock in Bank of China (601988.SH, 3988.HKG) and China Construction Bank (60
Bank of China (601988.SH, 3988.HKG), the nation’s third-largest lender by assets, said growth in its first-quarter profit declined to 10% from 10.8% in the p
Garth Peterson, a 42-year-old American who ran Morgan Stanley's (MS.NYSE) global real estate practice in Shanghai, pleaded guilty in a New York court to brib
Haitong Securities (600837.SH) has priced its upcoming US$1.7 billion initial public offering in Hong Kong near the bottom of its indicated range in a bid to
HSBC Holdings (HBC.NYSE, 0005.HKG, HSBA.LON), Europe's biggest bank, raised RMB2 billion (US$317 billion) by launching the first yuan-denominated bond outsid
China is at a "rare strategic moment" to accelerate the opening of its capital account by reforming interest and exchange rates, the central bank's statistic
Barclays (BCS.NYSE, BARC.LON), Deutsche Bank (DB.NYSE, DBR.FRA, ETR), HSBC Holdings (HBC.NYSE, 0005.HKG, HSBA.LON) and Standard Chartered (2888.HKG, STAN.LON
China Eastern Airlines (CEA.NYSE), the national’s second-largest carrier by passengers, sank to six-month low in US trading after China’s central bank double
Goldman Sachs (GS.NYSE) sold US$2.3 billion worth of Industrial and Commercial Bank of China's (ICBC; 601398.SH, 1398.HKG) Hong Kong-listed shares to the Sin
Ghana signed a US$1 billion loan agreement with China Development Bank for a gas project between Ghana National Gas and China Petroleum and Chemical Corporat
Haitong Securities said that it will boost the number of shares sold through its upcoming initial public offering in Hong Kong, indicating that the firm is l
Data released Thursday showed new loans extended by Chinese banks in March reached RMB1.01 trillion (US$160.1 billion), well above analyst expectations of RM
Chinese authorities are considering introducing a quota-based system to allow mainland companies to borrow yuan-denominated funds outside China's borders and
China’s four largest banks doled out around RMB300 billion (US$47.5 billion) in new loans during March, indicating that overall banking sector lending may ha
China's premier called on the country to break up the monopoly of state-owned banks to accomplish its goal of getting more private capital into the financial
China's State Council moved to legalize private lending in Wenzhou, Zhejiang province, in what may be the beginnings of an effort to liberalize the state-con