Central bank says it has made progress in steering credit away from industries suffering from overcapacity, but overall rise in borrowing remains a concern
The UK’s weak export growth has several causes but the machinery of government is too focused on traditional diplomacy with traditional allies
Legal experts said the move sent an odd signal on the independence of the BoE’s Prudential Regulation Authority to set and enforce rules for banks
Chinese private equity firm CITIC Capital has teamed up with New York-based Crestview Partners to buy Canadian industrial company Stackpole International. Ancaster, Ontario-based Stackpole was previously owned by the Sterling Group, a middle market private equity firm based in Houston, and New York-based private equity firm Current Capital. Stackpole's management also participated in the transaction. […]
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Shanghai-based Chinese water treatment company SIIC Environment Holings says it is raising $209 million by selling new shares to investors. Shanghai Industrial Holdings Ltd., parent to the Singapore-listed SIIC, China Investment Corp. and Hong Kong-based private equity firm RRJ Capital are buying 3.1 billion new shares at 0.085 Singapore dollars a share. The price represents […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Osborne is making a bold bid for the future of City finance but the possibility of allowing Chinese bank branches in the UK may be a retrograde step