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Showing 101 - 110 of 234 results for "Bank of China"

Market Wrap AM

AAP  |  MONDAY, 24 NOV 2014
... At 0751 AEST on Monday, the December share price index futures contract was up 52 points at 5,360. The People's Bank of China (PBOC) on Friday cut its one-year rate for deposits by 0.25 of a percentage point to 2.75 per cent and its one-year lending ...

ASX and Bank of China sign major agreement

MARK SMITH  |  WEDNESDAY, 19 NOV 2014
ASX and the Bank of China have signed a heads of agreement to develop the Renminbi (RMB) as a currency in Australia's financial markets. The heads of agreement complements the recent appointment of the Bank of China as the official RMB clearing bank ...

Industry seizes China FTA opportunities

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
... institutions. National Australian Bank (NAB), for example, announced a memorandum of understanding with the Export-Import Bank of China. NAB said the memorandum would "enhance coordination between the two banks in a number of areas, including syndication ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... target, the BOJ will make adjustments without hesitation". There's none of that - no hesitation - from the People's Bank of China (PBOC). It injected 500 billion yuan (US$81 billion) into the country's five largest banks two weeks ago and just yesterday ...

Thrills, spills and chills

BENJAMIN ONG  |  MONDAY, 22 SEP 2014
... pointing to a (yikes) slowdown. You, I and Irene became afraid, very afraid. Until, and as expected, the People's Bank of China (PBOC), according to sina.com, implements counter-slowdown measures. Sina.com reported that the PBOC would provide 500 billion ...

Market Wrap AM

AAP  |  THURSDAY, 18 SEP 2014
... while Sydney closed down 0.70 per cent, or 38.1 points, at 5,407.3. A report on web portal Sina said the People's Bank of China would inject 500 billion yuan ($A87.64 billion) into the five top state-owned banks, with a view to boosting lending to businesses. ...

Market wrap

AAP  |  WEDNESDAY, 17 SEP 2014
... stimulus plan and a rise in commodity prices. Wall Street stocks rallied overnight on reports that the People's Bank of China is providing $US81.4 billion ($A88.1 billion) in liquidity to China's five largest banks. The US markets' rally and the prospect ...

Anticipatory and moderate adjustments had become necessary

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2014
... adjustments" necessary....and anticipatory and moderate adjustments the Politburo did. Sina.com reported that the People's Bank of China (PBOC) announced that it's providing 500 billion yuan (US$81.4 billion) to China's five largest banks through standing ...

Market Wrap AM

AAP  |  WEDNESDAY, 17 SEP 2014
... Composite Index rose 33.86 (0.75 per cent) to 4,552.76. Analysts attributed the rally to reports that the People's Bank of China is providing $US81.4 billion ($A88.1 billion) in liquidity to China's five largest banks. "There's a report that the Chinese ...

China's winning

BENJAMIN ONG  |  TUESDAY, 12 AUG 2014
... steadied at an annual rate of 2.3% in July from June - in line with market expectations and well below the People's Bank of China's (PBOC) target of 3.5%. This would give the Chinese central bank plenty of scope to ease monetary policy if necessary to ...