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2010, Sep 07

Finance and Banking

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Finance and Banking

Beijing to Relax Import Regulations
07-Sep-10
The Chinese government will encourage imports from nations with which it is running a trade surplus.
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Banks Report Increased Cross-Border Lending
07-Sep-10
Banks around the globe boosted lending outside their borders by US$700 billion, or 2.1%, to $33.4 trillion in the first three months of 2010.
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China Permits Insurers to Invest in Real Estate, Equity
07-Sep-10
Insurers in China are now permitted to invest in private equity and real estate.
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China's Rising Internet Usage to Boost Online Ad Revenues
06-Sep-10
Giant companies such as McDonald's, Mercedes-Benz and Pepsico have embarked on marketing campaigns on Chinese SNS for sales promotions.
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Japan is Asia's Largest FX Centre
03-Sep-10
Japan has been ranked the largest foreign exchange centre in Asia and the 3rd largest globally, according to a Bank of International Settlements’ report.
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Japan Growing Ripe for Increased M&As
02-Sep-10
Japanese companies are being urged to consolidate in industries where there is tough competition, and be more aggressive in making acquisitions in Asia.
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China May Allow Use of Yuan for Overseas Investment
02-Sep-10
The use of yuan for overseas investment would only be successful if the destination country accepts the Chinese currency and how the central bank would get the yuan to flow back.
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Financial Time Bomb Building Up in Hong Kong
02-Sep-10
Hong Kong's credit card holders are spending too much with their credit cards, and many are paying only the monthly minimum.
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Taiwan Turns Down HK Group's Bid for AIG Unit
01-Sep-10
Taiwan's regulators rejected the proposal, questioning the consortium's stability and financial ability.
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Taiwanese Wants to Buy AIG Unit for US$2.5B
31-Aug-10
Wang Shih-jung, a former diplomat, reveals he has lined up a US$2.5 billion bid for Nan Shan.
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