Edition:
United States

Nathaniel Taplin

China central bank learns lessons as deflates money market risk

Oct 21 2016

SHANGHAI Three years ago, China's central bank engineered a cash crunch to force commercial banks to reduce their reliance on short-term money markets. Interest rates spiked, spooking global markets who feared a banking crisis was imminent.

China's yuan prepares for global currency status as questions on reform linger

Sep 30 2016

SHANGHAI China's yuan will formally join the U.S. dollar, the euro, the Japanese yen and the British pound as a global reserve currency on Saturday, in a key milestone in the country's long campaign to boost its clout on the global stage.

China's yuan prepares for global currency status as questions on reform linger

Sep 30 2016

SHANGHAI, Sept 30 China's yuan will formally join the U.S. dollar, the euro, the Japanese yen and the British pound as a global reserve currency on Saturday, in a key milestone in the country's long campaign to boost its clout on the global stage.

Buyers keep faith in Chinese province seen as test of debt tolerance

Sep 20 2016

SHANGHAI China's struggling Liaoning province, a bellwether for China's municipal debt, sold bonds on Tuesday at much higher yields than its peers but well below its 2016 highs, suggesting investors see little immediate threat of default.

U.S. challenges China wheat, rice, corn price supports at WTO

Sep 13 2016

WASHINGTON/SHANGHAI The United States on Tuesday launched a challenge to China's price supports for domestic wheat, corn and rice at the World Trade Organization, charging that these far exceed limits that China committed to when it joined the WTO in 2001.

China money market liquidity tightens as c.bank balancing act gets harder

Sep 13 2016

SHANGHAI, Sept 13 China's money rates rose sharply for the second straight session on Tuesday as the central bank kept campaigning against short-term leverage and the prospect of higher U.S. rates raised the spectre of renewed capital outflows.

U.S., China ratify Paris climate deal, setting stage for G20

Sep 04 2016

HANGZHOU, China China and the United States ratified the Paris agreement to cut climate-warming emissions on Saturday, marking a major step toward the enactment of the pact as early as the end of the year and setting the stage for other countries to follow suit. | Video

Central banks nearing limits of ability to stimulate growth: OECD

Sep 03 2016

HANGZHOU, China The world's central banks are "pretty close" to the limits of their ability to stimulate economies, Angel Gurria, head of the Organization for Economic Co-operation and Development (OECD), said on Saturday.

China central bank cash injection signals leverage, asset bubble concerns

Aug 24 2016

SHANGHAI China's central bank injected cash into money markets through 14-day reverse repo agreements for the first time since February in a sign policymakers were worried rising leverage could stoke bubbles in the bond market.

China state asset manager: We'll closely monitor bonds to avoid defaults

Aug 24 2016

SHANGHAI, Aug 24 China's state asset manager sought to ease market worries about possible defaults, pledging on Wednesday to scrutinize bonds maturing in three months and saying a state-owned railway firm has managed to avoid default.

World News