China Construction Bank unit to boost research team by 40%
2011-02-15 14:29:47
CCB International Securities Ltd plans to expand its research team by as much as 40 percent to meet rising demand for analysis, the Bloomberg News reported Tuesday.
Bank of East Asia posts record profit for 2010
2011-02-15 14:23:44
Bank of East Asia said Tuesday that it achieved a record after-tax profit of HK$4.3 billion in 2010, jumping 60.8 percent from a year earlier.
Rubber bounces to record high
2011-02-15 13:34:12
Rubber advanced to a record amid speculation that China may increase purchases to replenish stockpiles before the low-production period begins in major growing areas in Thailand. The Thai cash price also climbed to an all-time high.
ICBC unit to increase staff hiring
2011-02-15 13:30:55
ICBC International Holdings Ltd, the securities unit of the world's largest lender, will hire more people from global rivals as it expands abroad to compete with the likes of Morgan Stanley and UBS AG for advisory work.
Pilot to float interest rates starts at CMB
2011-02-15 07:50:55
China has started a pilot program at China Merchants Bank to liberalize its deposit rates as the nation accelerates its step to float interest rates
Yuan appreciation won't help solve US problems
2011-02-15 07:50:55
Pressurizing China into faster yuan appreciation will not eradicate US economic woes, said Morgan Stanley Asia's non-executive chairman.
China's stocks rally for third day to two-month high
2011-02-14 17:38:43
China's stocks rallied for a third consecutive trading day on Monday, sending the benchmark Shanghai Composite Index to its highest point in almost two months.
UBS to double China staff to 1,000-1,200 in 5 yrs
2011-02-14 10:20:04
UBS AG plans to double the workforce at its China operations to as many as 1,200 people over the coming five years, said Yoon Chi-Won, the bank's co-chief executive officer for the Asia-Pacific region.
China's RMB bond issuance expands 3.1% in 2010
2011-02-14 09:47:09
The People's Bank of China said Saturday the country had issued 5.1 trillion yuan ($773.3 billion) worth of bonds in 2010, an increase of 3.1 percent over that in 2009.
Head of IMF urges greater role for yuan
2011-02-12 07:38:21
IMF's Managing Director Dominique Strauss-Kahn said the Chinese yuan should be given a greater role within a restructured international monetary system.
'Green' financing channels for green industry
2011-02-11 11:07:39
China will establish easy financing channels for companies that manufacture energy-saving and environment-protecting equipment, the Shanghai Securities Journal reported Friday.
China Unionpay overseas deals up 44% during Spring Festival
2011-02-11 10:51:45
China Unionpay Co, the world's largest credit card company in terms of number of cards issued, said Thursday its overseas transactions grew robustly during this year's Spring Festival holiday, which lasted from February 2 to 8.
