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China publishes cross-border capital management rules on depository receipts

BEIJING/SHANGHAI (Reuters) – China’s forex regulator on Monday published cross-border capital management rules on depository receipts (DRs). The State Administration of Foreign Exchange (SAFE) said...

China’s Baoshang Bank takeover raises contagion fears

By Andrew Galbraith and Cheng Leng SHANGHAI/BEIJING (Reuters) – A takeover by Chinese regulators of a troubled lender with links to a missing tycoon jolted...

BOJ’s Kuroda says G20 to discuss global economic imbalances

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday that Group of 20 meetings this year will discuss global economic imbalances. Kuroda...

Australia property sees ray of hope on looser mortgage rules, rate...

By Swati Pandey SYDNEY (Reuters) – Australia’s crumbling housing market looks set to stabilize over coming months as hopes of interest rate cuts and loosening...

ECB’s Weidmann sees no need for policy action

FRANKFURT (Reuters) – European Central Bank policymaker and presidential hopeful Jens Weidmann said on Sunday he saw no need for the ECB to change...

China to offer liquidity to Baoshang Bank

BEIJING (Reuters) – China’s central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country’s financial regulators...

Lebanese PM: new budget start of ‘a long road’ to economic...

BEIRUT (Reuters) – The Lebanese draft state budget for 2019 is the start of a “long road” and shows Lebanon is determined to tackle...

With trade differences in the background, Trump and Abe do diplomacy...

By Jeff Mason CHIBA, Japan (Reuters) – U.S. President Donald Trump kicked off the second day of a Japan visit on Sunday with a round...

Trump urges greater Japanese investment in U.S., criticizes trade advantage

By Jeff Mason TOKYO (Reuters) – U.S. President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while...

ECB hopeful Rehn lays out challenges facing Draghi successor

By Anne Kauranen HELSINKI (Reuters) – European Central Bank presidential hopeful Olli Rehn spelled out the challenges facing Mario Draghi’s successor in an interview published...
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