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The Chinese bond market is the third largest in the world, and it continues to grow rapidly. In May 2018, China's issuers issued bonds totaling 3 trillion 800 billion yuan, which is 5.5% more than in April, the People's Bank of China said. PRC has placed government bonds in the amount of 315 billion 100 million yuan. The municipal authorities sold new debt securities worth 355 billion 300 million yuan. Financial institutions issued bonds for 513 billion 800 million. The volume of unsecured corporate bonds in May amounted to 382 billion 900 million. The total volume of bond issue in 2017 amounted to 40 trillion 800 billion yuan, increased by 12.9% over the year.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
KYC Policy