Chinese dating site Jiayuan files for IPO of up to $100m
2011-04-21 14:40:50
Dating site Jiayuan.com International Ltd filed for an initial public offering, the latest in a series of Chinese social networking companies to apply for US listings.
MetLife plans multiple listing
2011-04-21 13:44:59
The US-based life insurer MetLife Inc is considering a multiple listing to fuel its expansion globally.
Local banks 'gain rich edge'
2011-04-21 09:57:51
China's rich prefer domestic banks for wealth management even as their overseas assets expand, according to a report on Wednesday.
PBOC may drain more capital from financial system
2011-04-20 13:00:02
There is still room to raise the amount of money that banks must hold to curb excessive liquidity, as taming inflation has become the No 1 priority of monetary policies, Hu Xiaolian, deputy governor of the People's Bank of China (PBOC), said in an article released on Tuesday.
China considers law to offer personal income tax relief
2011-04-20 12:58:47
Chinese legislators are discussing a draft amendment to tax law, which aims to offer tax relief for low-income households.
Dagong Global sees stable outlook for Chinese banking sector
2011-04-20 10:08:03
Dagong Global, a major Chinese credit rating agency, assessed the credit rating of China's banking industry as "stable" in its seventh banking credit rating report released Tuesday.
China to further soak up liquidity
2011-04-19 17:31:32
China will continue to soak up excess liquidity as the country tries to keep full-year inflation down to 4 percent in 2011, said Hu Xiaolian, deputy governor of China's central bank in a speech published on Tuesday.
Shuanghui trading resumes
2011-04-19 17:09:55
Trading resumed Tuesday for shares of China's largest meat processor after a 34-day suspension due to a scandal involving illegal additives.
Zhou: Forex reserves beyond 'reasonable' level
2011-04-19 16:55:45
China is trying to slow down the pace of accumulation and improve the management of existing holdings.
China to designate RMB clearing bank in Singapore
2011-04-19 15:26:28
The People's Bank of China (PBOC) will designate a Chinese bank in Singapore to undertake the clearing of Renminbi trade, Singapore's Senior Minister Goh Chok Tong has said.
PBOC governor says foreign reserves excessive
2011-04-19 14:13:08
China's huge stockpile of foreign exchange reserves, the world's largest, have become excessive and the government must diversify investments using the reserves, Zhou Xiaochuan, governor of the People's Bank of China, said in comments published on Tuesday.
Societe Generale to expand in China
2011-04-19 13:11:06
French bank Societe Generale plans to strengthen its capacity in the commodities-hedging business in China.
