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Showing 351 - 360 of 1624 results for "Chinese"

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Continuing its strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management ...

The year that was and the year that will be

BENJAMIN ONG  |  MONDAY, 19 DEC 2016
... tries to defend the yuan against the rising US dollar. The yuan has fallen by 6.7% this year to date. While good for the Chinese economy, a disorderly depreciation could spark a disorderly capital outflow - one that's now beginning to show in China's ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 DEC 2016
... China economic activity The latest updates on China's major economic indicators show that fears of a hard landing in the Chinese economy that greeted 2016 are just that. Retail sales advanced by 10.8% in the year to November - accelerating from 10.0% ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... level since March 2011 (US$3.045 trillion) and marks the fifth straight month of decline and is reportedly due to the Chinese central bank's sales of US dollars to support the yuan. China's foreign exchange reserves peaked at US$3.993 trillion in June ...

Japan still leading APAC offshore investors

ALEX BURKE  |  WEDNESDAY, 7 DEC 2016
While Chinese investment in Australia has received substantial attention over the past few years, Japan is still the biggest Asia-Pacific offshore investor, a new FSC and Perpetual report reveals. The 2016 Australian Investment Managers Cross-Border ...

QIC inks deal with Chinese asset manager

ALEX BURKE  |  TUESDAY, 29 NOV 2016
... subsidiary of China's second-largest insurer, Ping An Insurance, represents the first relationship QIC has pursued with a Chinese institution. As at end-2015, PAAMC had roughly $395 billion in assets under management. QIC chair Don Luke explained: "This ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 NOV 2016
... support in a depreciating currency environment while new orders and output remain elevated. All in all, our survey suggests Chinese businesses have weathered various macro headwinds reasonably well." This was how senior economist of MNI Indicators Andy ...

Australian private equity driving M&A

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2016
... the biggest contributor to this, with private equity activity increasing significantly and steady exits, particularly to Chinese buyers; citing the exit by KKR from GenesisCare and of Archer Capital from Healthe Care by way of trade sales to Chinese ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 15 NOV 2016
... snag. After steadily accelerating (in year-on-year terms) in August (10.6%) and September (10.7%) from 10.2% in July, Chinese retail sales slowed to 10.0% in the year to October, missing market expectations for a 10.7% increase. China industrial production ...

Markets fear Trump effect on global trade

MICHELLE BALTAZAR  |  THURSDAY, 10 NOV 2016
... Nevile Fellow of Economics at UNSW Business School, said that Trump's election promise - which include a 45% tariff on Chinese goods and 35% on Mexican goods - will, as Oliver suggested, hurt global trade. "He would be the most isolationist, protectionist ...