The government is suspending repayment of foreign debt pending the completion of a loan restructuring programme with the IMF.
April 14, 2022The CSRC pledged to support companies' capital raising efforts, encourage asset managers to buy up equities, and encourage listed companies to buy back shares and raise dividends.
April 12, 2022Hong Kong official Christopher Hui said a feasibility study has been completed and the next step is to engage with mainland regulators and relevant organisations.
April 12, 2022Following an eight-week trial, former Goldman Sachs managing director Roger Ng was convicted on charges of bribery and money laundering. He faces up to 30 years in prison.
April 11, 2022A requirement for foreign FIs to have USD 10 billion in assets to establish or become strategic investors in Chinese commercial banks has been removed.
April 7, 2022The FSB highlights a need to continue building liquidity in RFR-based products, use SOFR across global markets, and plan for the remaining USD LIBOR settings to cease.
April 6, 2022MMFs will still be allowed to use the book value method if more than 30 percent of their assets are 'stable assets', the definition of which has been expanded.
April 5, 2022The BOJ is buying Japanese government bonds every day this week until Thursday to keep yields low as it diverges from the US path.
March 30, 2022Priority will be given to support bond issuances by private firms in high-tech and strategic emerging industries, the CSRC said.
March 29, 2022FSS governor Jeong Eun-bo has warned insurers of a possible "perfect storm" building for the industry, citing rising interest rates and the war in Ukraine.
March 28, 2022