|
China Banks Said to Submit Capital Raising Plans (Update1)
November 24, 2009 06:12 EST -- China’s five largest banks submitted
plans to regulators for raising money after unprecedented
lending eroded their capital, according to four people with
knowledge of the matter.
China Should Consider Raising Rates, World Bank’s Kuijs Says
November 24, 2009 04:23 EST -- China should consider raising
interest rates to help prevent excessive liquidity in the
financial system from creating asset-price bubbles, World Bank
economist Louis Kuijs said.
Hong Kong Stocks Decline Most in Three Weeks; Banks Lead Drop
November 24, 2009 04:21 EST -- Hong Kong’s benchmark stock index
fell the most in three weeks, led by mainland banks, on concern
they will need to sell shares to raise capital after extending
unprecedented amounts of new loans this year.
China Denies Telling Banks to Raise Capital Adequacy (Update1)
November 23, 2009 07:12 EST -- China’s banking regulator denied
telling “large” banks to raise their capital adequacy ratios,
describing media reports of such a requirement as a “rumor.”
China’s Listed Banks May Need $44 Billion in Capital, BNP Says
November 20, 2009 00:43 EST -- China’s 11 largest publicly-traded
banks may need to raise about 300 billion yuan ($44 billion) by
selling shares and bonds to ensure they have adequate capital
for credit growth, according to BNP Paribas.
China Banks Fill Syndicated Loan Void as RBS Retreats (Update1)
November 20, 2009 00:42 EST -- Foster’s Group Ltd., Australia’s
biggest brewer, never borrowed from China until this year, when
Bank of China Ltd. helped arrange $500 million in loans to
refinance debt.
China May Raise Bank Reserve Ratio Next Year, Securities Says
November 19, 2009 20:48 EST -- China may raise deposit reserve
requirements for commercial lenders next year after the economy
stabilizes, the Shanghai Securities News reported, citing Wu Xiaoling,
former central bank deputy governor.
Yuan Forwards Decline as China Rejects Calls for Appreciation
November 19, 2009 04:54 EST -- China’s yuan forwards dropped,
headed for the biggest weekly loss in 11 months, after Chinese
officials rejected international calls for the currency to
appreciate while exports slump. Bonds were little changed.
Construction Bank Is Keen on Taiwan Branch, Chairman Guo Says
November 17, 2009 22:13 EST -- China Construction Bank Co., the
world’s second-largest lender by market value, is interested to
open a branch in Taiwan and buy assets on the island, its
Chairman Guo Shuqing said today after a conference in Beijing.
Strauss-Kahn Sees Yuan Role in Special Drawing Rights (Update1)
November 17, 2009 04:12 EST -- Dominique Strauss-Kahn, the managing
director of the International Monetary Fund, said that the yuan
may in future be added to the basket of currencies that set the
value of IMF monetary units called special drawing rights.
|
|  |
|
SYMBOL LOOKUP
HOME
