Edition:
United States

Gabriel Wildau

Money won't come cheap for China banks' $120 billion funding spree

May 20 2014

SHANGHAI/HONG KONG Chinese banks are poised to raise a record $120 billion in the next two years to shore up their balance sheets in the face of slowing growth and rising bad debts, but the funds could prove expensive and hurt earnings as investors demand a premium.

In wealthy Chinese city, debt guarantees spark default contagion

Apr 27 2014

SHANGHAI A network of loan guarantees set up to improve companies' access to credit in one of China's richest districts is creating new risks of default as some debts sour, another sign of how private firms are bearing the brunt of an economic slowdown.

In wealthy Chinese city, debt guarantees spark default contagion

Apr 27 2014

SHANGHAI A network of loan guarantees set up to improve companies' access to credit in one of China's richest districts is creating new risks of default as some debts sour, another sign of how private firms are bearing the brunt of an economic slowdown.

China issues banking rules to strengthen online payment security

Apr 18 2014

SHANGHAI China will limit the amount of money consumers can transfer to third-party online payment platforms, aiming to protect banks and consumers from fraud amid an explosion of online and mobile payment transactions.

China IPOs may restart earlier than expected - sources

Apr 16 2014

SHANGHAI China's securities regulator has ordered underwriters to update application materials for firms waiting to list, sources told Reuters on Wednesday, raising hopes that an eight-week stall in initial public offerings on mainland China stock exchanges will end soon.

Yangtze River Delta becomes epicentre for China credit risk

Apr 14 2014

SUZHOU China Suzhou, an ancient city in Jiangsu province 100 km (60 miles) west of Shanghai, lives in legend as one of China's most beautiful, famous for its elegant gardens and charming canals.

Yangtze River Delta becomes epicenter for China credit risk

Apr 14 2014

SUZHOU, China Suzhou, an ancient city in Jiangsu province 100 km (60 miles) west of Shanghai, lives in legend as one of China's most beautiful, famous for its elegant gardens and charming canals.

China to allow cross-border Hong Kong, Shanghai stock investment

Apr 10 2014

SHANGHAI China will allow cross-border stock investment between Shanghai and Hong Kong, regulators said on Thursday, a small step towards opening China's capital account and letting Chinese individuals buy foreign equities overseas.

China to allow cross-border Hong Kong, Shanghai stock investment

Apr 10 2014

SHANGHAI China will allow cross-border stock investment between Shanghai and Hong Kong, regulators said on Thursday, a small step towards opening China's capital account and letting Chinese individuals buy foreign equities overseas.

China's next bond default looms as polyester firm declares bankruptcy

Apr 08 2014

SHANGHAI A small manufacturer of polyester yarn based in China's wealthy Zhejiang province has declared bankruptcy, threatening its ability to meet an interest payment on a high-yield bond due in July.

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