China won't stand for violations of its territorial waters as the U.S. considers sailing warships close to the South China Sea.» Read More
SHANGHAI, Oct 10- China will step up its crackdown on illegal cross-border money transfers conducted by underground money dealers and offshore companies, as part of efforts to fight corruption, the central bank said on Saturday. Authorities, including the People's Bank of China, State Administration of Foreign Exchange and the police, will intensify measures...
SHANGHAI, Oct 10- China's central bank said on Saturday it will expand a pilot scheme on relending, the latest effort by Beijing to help support a slowing economy. It will be expanded to include Shanghai, Beijing, Chongqing and six other provinces and municipalities, the People's Bank of China said in a statement posted on its website. Beijing has taken a raft of...
SHANGHAI, Oct 10- China on Saturday published draft rules to regulate online car hailing businesses, a booming sector where U.S. firm Uber Technologies Inc and Chinese rival Didi Kuaidi have been aggressively competing for market share. Like in many other countries, the legality of car hailing services has vexed regulators in China where the authorities say...
LIMA, Oct 9- China made a fresh push for its yuan currency to be included in the International Monetary Fund's benchmark currency basket on Friday and argued that recent reforms put it closer to qualifying. Beijing is pushing for the yuan, also known as the renminbi, to be included in the IMF's Special Drawing Rights basket as part of its long-term strategic goal of...
Which way is the market headed? Watch these two things, says trader Kenny Polcari.
Klaus Regling, MD of the ESM, discusses which countries could benefit from more loose monetary and fiscal policy, to support global growth.
China has become the focal point for economists as they fear a hard landing there could send countries that have only just escaped from the doldrums reeling back into recession. Beijing will publish September trade data on Tuesday and inflation on Wednesday and any significant deviation from expectations could set the tone for the week.
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview to discuss quantitative easing, and the trend of the U.S. economy. Negative interest rates are an option, says Dudley.
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview to forecast the Fed's interest rate decisions moving forward and the market's volatility.
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview.
William Dudley, New York Federal Reserve president, joins CNBC's Steve Liesman for an exclusive interview to discuss U.S. economy, interest rates, and China's impact on global markets.
While the IMF’s forecast remains unchanged on Europe, they are concerned about downside risks explains Poul Thomsen, director European department at IMF.
Paul Sheard, chief global economist at Standard & Poor's, explains why global risks are manageable, despite analyst believing we’re entering another global financial crisis.
Paul Sheard, chief global economist at Standard & Poor's explains why the Grexit resolution and the ECB’s QE has helped the euro zone.
John Rutledge, Safanad chief investment strategist, shares his thoughts on China's economy and whether it's factored into the Fed's policy decisions.
*Yum cites dud marketing, slower China growth as profit hit. *Shares sag near 20 pct after says way behind China target. Yum's shares dived this week after it said it's way behind target in a bid to recover from damaging food scandals in China, its top driver for profit and revenue.
John Nilsson-Wright, head of Asia program at Chatham House, explains why the world should take North Korea seriously.
SHANGHAI, Oct 9- A unit of conglomerate China Resources Corp plans to sell minority stakes it holds in 21 Wal-Mart Stores Inc outlets around China, a spokesman for the U.S. retailer told Reuters on Friday. Wal-Mart, France's Carrefour SA and Britain's Tesco PLC have all seen sales growth slip over the last five years in China, losing market share to local rivals,...
Helen Zhu, head of China equities for the fundamental equity division at BlackRock’s Alpha Strategies Group, discusses how China’s government has made steps to reduce the country’s debt burden.
Oct 9- Hong Kong stocks rose on Friday, capping their biggest weekly gain in six months on improving risk appetite globally as minutes from Federal Reserve's latest meeting further eroded expectations of a near-term U.S. rate hike. "The chance of a U.S. interest rate rise this year is getting slimmer," said Alex Kwok, chief analyst and head of research at China...