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Showing 1 - 10 of 234 results for "Bank of China"

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... individual arrangements previously in place for each asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking ...

Net zero banks fund $3.5bn in carbon: Market Forces

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... decades." Other banks include Japanese megabanks Mizuho, MUFG and SMBC, UK's HSBC and Standard Chartered, and Bank of China. Woodside, which sold the stake to GIP, has said this deal is critical to its decision to go ahead with the Pluto 2 project ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... of some curbs in the real estate sector next year, determined to stabilise its economy. Already, the People's Bank of China (PBOC) cut banks' reserve requirement ratio by 5 percentage points. According to Bloomberg, this would release "some 1.2 ...

Fortius, PGIM make $214m property acquisition

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... of lettable space spanning over 25 levels and is more than 93% occupied with tenants including Heritage Bank and Bank of China. Fortius chief executive Sam Sproats said his team considered the building a good opportunity in light of the pandemic. "As ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... in May from 19.9% in April, 25.6% in March and 35.0% in February. But no problemo. If it were, the People's Bank of China (PBOC) would have sprung into action. But no, it left its benchmark interest rates unchanged - one-year loan prime rate at 3.85% ...

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
... China's latest activity stats - a question whose answer will determine future policy moves by the People's Bank of China (PBOC) and the Politburo. Retail sales, industrial production and fixed asset investment numbers for April suggest that China ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... billion in December 2019 and $305.44 billion as of August 2020. Other notable banks to take a percentage hit were the Bank of China (-23.68%), BNP Paribas (-26.2%) and MUFG (-23%). Buy Shares said banks went into the pandemic stronger and it might take ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... Wuhan in Hubei province in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures (and continue to do so). China's draconian measures enabled the Politburo ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... ANZ lifted three points and CBA rose one point. However, Westpac ranked 29 th of the 31 banks, with only AMP and Bank of China lagging behind it. NAB, CBA and ANZ ranked 22 nd, 23 rd and 24 th respectively. The developer of the index, research platform ...
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