Edition:
International

Engen Tham

China presses U.S. to cancel tariffs in test of bilateral engagement

Oct 09 2021

WASHINGTON (Reuters) -China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries' top trade officials that Washington saw as a test of bilateral engagement between the world's biggest economies.

Alarmed by Evergrande, China's lenders hold back on new credit for property developers

Sep 24 2021

SHANGHAI/BEIJING As fears of contagion from any default by China Evergrande Group mounted this month, some Chinese banks, insurers, and shadow banks stopped offering new credit to property developers, and ran urgent checks on their exposure to the troubled sector.

How Beijing humbled Britain's mighty HSBC

Jun 29 2021

HONG KONG/SHANGHAI (Reuters) -On a rainy day last November, China Baowu Steel Group, the world's largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One highlight was a presentation featuring a sensitive slide: a "black list" of 60 lenders that the state-owned steel giant had declared off-limits.

Special Report - How Beijing humbled Britain's mighty HSBC

Jun 28 2021

HONG KONG/SHANGHAI On a rainy day last November, China Baowu Steel Group, the world's largest steel maker, gathered its finance department for a training session on the outskirts of Shanghai. One highlight was a presentation featuring a sensitive slide: a "black list" of 60 lenders that the state-owned steel giant had declared off-limits.

SPECIAL REPORT-Money trail from Daphne murder probe stretches to China

Mar 29 2021

VALLETTA/SHANGHAI, March 29 A widening investigation into allegations of high-level corruption on the island of Malta, first levelled by murdered journalist Daphne Caruana Galizia, stretches to China and a $400 million investment into Europe by a Chinese state power company, Reuters has found.

UPDATE 1-Ping An Insurance sees first quarterly profit rise in a year

Oct 27 2020

* Warns demand still weaker than before pandemic (Adds detail, background)

China's international schools struggle as teachers, students remain stuck abroad

Sep 04 2020

SHANGHAI China's international schools are reopening this month but will be short of key elements - teachers and pupils.

UPDATE 3-China's BoCom posts first H1 profit fall since listing as bad debts rise

Aug 28 2020

* NIM 1.53% at end June vs 1.55% at end March (Adds comments from officials)

Ping An Insurance to be 'extremely cautious' in second half amid virus rebound fear

Aug 28 2020

HONG KONG/SHANGHAI Ping An Insurance Group Co of China Ltd on Friday said it will be 'extremely cautious' in the second half of this year due to fear of another wave of novel coronavirus cases, and that it has increased provisions as a precaution.

UPDATE 2-Ping An Insurance to be 'extremely cautious' in H2 amid virus rebound fear

Aug 28 2020

* Ping An says new insurance sales hit by pandemic (Adds quotes from co-CEO interview)

World News

U.S. envoy urges N.Korea to end 'provocations', accept offer of talks

North Korea's recent ballistic missile tests https://www.reuters.com/world/asia-pacific/nkorea-says-it-conducted-successful-missile-test-submarine-kcna-2021-10-19 were "concerning and counterproductive" for efforts to reduce tensions, and Pyongyang should instead engage in talks, the U.S. envoy for North Korea said on Sunday.