The depression that followed the 1929 stock-market crash took a turn for the worse eight years later, and recovery came only with the enormous economic stimulus provided by World War II, a conflict that cost more than 60 million lives. The global …
2014-09-11
The markets have overreacted toward a remark regarding China's M2 growth made by Chinese Premier Li Keqiang, as the M2 figure has become less sufficient in measuring credit growth, says a report by BofA Merrill Lynch Global Research. While speaking to business leaders on the eve of the World Economic Forum summer gathering in Tianjin, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-11
The markets have overreacted toward a remark regarding China's M2 growth made by Chinese Premier Li Keqiang, as the M2 figure has become less sufficient in measuring credit growth, says a report by BofA Merrill Lynch Global Research. While speaking to business leaders on the eve of the World Economic Forum summer gathering in Tianjin, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-11
Fewer publicly held records, a smaller stock of surnames and disappearing temples have left a gap in China’s market for researchers
2014-09-11
Beijing-based online education platform SmartStudy.com has received US$10.6 million series A financing from Chinese Internet giant Baidu Inc., according to Chinese media reports. The proceeds will be used for team building, marketing and developing new online curricula. Launched in February, SmartStudy focuses on helping Chinese students prepare for English language tests, such as TOEFL, GRE […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-11
Everyone is talking about the appointment of the relatively inexperienced Federica Mogherini as EU High Representative for the Common Foreign and Security Policy. But individual commissioners are far less important than the shift in the European U…
2014-09-11
The total assets of the world’s largest 300 pension funds grew by over 6% in 2013 to reach a new high of almost US$15 trillion, according to a joint research done by Pensions & Investments and Towers Watson research. The report shows that Latin American and African funds had the highest five-year combined compound growth […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-11
The Chinese telecoms group’s chief confirms internal probe into alleged graft, but dismisses it as a ‘routine investigation’
2014-09-11
China consumer price index (CPI) increased 2.0% year-on-year in August, compared with market consensus of 2.2% and July's 2.3% hike, according to data released by China's National Bureau of Statistics. Producer price index (PPI) declined 1.2% year-on-year in August, slighter faster than market consensus of a 1.1% decrease and July's 0.9% drop. "We believe the […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-11
China’s shadow banking system is experiencing fast de-leveraging. But a rapid and disorderly de-leveraging will be dangerous, and it is important for China to develop another well-regulated financing channel to meet the funding demand in the shadow banking system, says a report by the Australia and New Zealand Banking Group Limited (ANZ). The share of […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-11
Sinopec has signed a framework cooperation agreement with Tencent aimed at cooperation in non-oil businesses. According to the agreement, Sinopec and Tencent will work together in various sectors, including business development and promotion, mobile payment, media campaigns, O2O businesses, map navigation, user loyalty management, big data application, and cross-marketing. Financial terms of the deal were […]
2014-09-11
Door will open wider, says premier, in spite of antitrust actions as data shows outbound Chinese investment passed $100bn for first time in 2013