Beijing, July 25 (Xinhua) -- Chinese lenders should tailor their private banking services to meet local clients' needs, experts stated, noting the country's institutions should not simply follow the Western mode. "Chinese...
HONG KONG (XFN-ASIA) - China coal miners extended yesterday's losses, with Shenhua Energy slumping more than 6.7 pct, after mainland authorities said they will tighten controls on spot coal prices. Turnover was 61.39 bln hkd....
SHANGHAI (XFN-ASIA) - The benchmark Shanghai Composite Index ended the morning down 31.17 points or 1.07 pct at 2,879.12. Xugong Science&Technology (SZA 000425) rose by the 10 pct daily limit to 15.98 yuan after the company...
HONG KONG (XFN-ASIA) - Meanwhile, National Australia Bank said it has set aside 830 mln aud provision for credit market losses, taking total provisions for its holding of distressed US mortgage-backed securities to over one bln...
Reuters - Thursday, July 24 HONG KONG, July 24 - Hong Kong phone company PCCW Ltd <0008.HK> has this week launched its self-arranged HK$23.4 billion jumbo financing, sources familiar with the matter said. The borrower was...
BEIJING, July 24 (Xinhua) -- China has established a linkage mechanism among banks to solve consumers' complaints in a timely, efficient manner in the host cities of the Olympics, officials at the China Banking Regulatory...
HONG KONG (XFN-ASIA) - Bank of Communications' (BoComm) yuan bond sale here attracted 23 bln yuan worth of subscriptions, more than seven times the 3.0 bln yuan worth of bonds on offer, The Standard reported without citing...
HONG KONG (XFN-ASIA) - Share prices closed sharply higher, with the key index back above the 23,000-points level, following a drop in oil prices, gains in the US dollar and better-than-expected results from some US banks....
SHANGHAI (XFN-ASIA) - The Shanghai A-share Index was down 16.05 points or 0.53 pct at 2,985.52, while the Shenzhen A-share Index rose 2.42 points or 0.27 pct to 896.88. The benchmark Shanghai Composite Index closed down 15.30...