Bank of China

Yuan Climbs on U.S. Trade Talk Hopes, Tencent Pulls Stocks Lower

The yuan strengthened and Chinese stocks pared some of their earlier losses after China said it would dispatch a delegation to the U.S. later this …

Stock Markets

China-U.S. to Resume Low-Level Talks in Bid to Resolve Trade War

© Bloomberg. Wang Shouwen<p>(Bloomberg) -- China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for low-level trade talks in late August, …

China

EM ASIA FX-Most Asian currencies strengthen; hopes pinned on U.S.- China talks

© Reuters. EM ASIA FX-Most Asian currencies strengthen; hopes pinned on U.S.- China talks<p>* China's yuan posts biggest intraday gain in nearly …

Economics

Renminbi jumps back from 19-month low | Financial Times

China’s currency strengthened on Thursday, helping to lift the renminbi back from its lowest point since early 2017 that it touched a day earlier.<p>The …

Chinese Yuan

China Set to `Weaponize' Yuan to Fight Trump's Trade War: Report

In the escalating trade war with President Donald Trump, China might be digging in its heels.<p>According to a new report, China now appears willing to …

Economy

Rising Interest Rates Challenge China’s Growth Model

For years, the Chinese economy has benefited from an unusual dynamic. Because China uses a soft peg to the dollar, its interest rates are tied to the Federal Reserve. Following the financial crisis, as the Fed kept rates exceptionally low for a prolonged period, China was able to set its own rates …

Economics

DHXM Company Profile & Executives - DHX Media Ltd. - Wall Street Journal

DOW JONES, A NEWS CORP COMPANY<p>News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.<p>DOW JONES<p>NEWS CORP<p>U.S. Edition<p>Sections<p>SHOW ALL SECTIONS HIDE ALL SECTIONS<p>Aim higher, reach further.<p>Get the Wall Street Journal $12 for 12 weeks. …

News Corp

U.S. shouldn’t ignore China’s influence in the Caribbean

In a Congressional hearing on U.S. policy in Latin America in July, Rep. Elliot Engels — co-author, with Rep. Ileana Ros-Lehtinen, of the …

Opinion

Chinese currency won't be hit by Turkey crisis as much as Indian rupee: analysts

File photo: VCG<p>The weakening Turkish lira will not drag on China's currency as much as on those of other emerging economies like India and South …

News (China)

Bank of Montreal starts blockchain-based pilot for fixed-income deals: Financial Post

The Bank of Montreal's (BMO -1%) says it's launched a blockchain-based pilot for fixed-income transactions, the <i>Financial Post</i> reports.<p>BMO Capital …

Business

Mobile gaming, payment regulation blunts Tencent Q2 - Mobile World Live

Tencent booked a drop in Q2 profit on reduced investment returns, while noting headwinds in mobile gaming and the impact of new regulation on mobile …

Mobile Payments

How Makeup Artists Transformed Heath Ledger Into The Joker in 'The Dark Knight'

When designers want to visualize changes in data, like in a heat map or a topographical survey, they often reach for the rainbow. The rainbow color …

Hong Kong

Tencent's Selloff Offers Key Lessons for U.S. Investors in Chinese Tech Firms

Considering how much the company still has going for it, and how much its stock had already dropped prior to earnings, Tencent's (TCEHY) …

Jim Cramer

Goal for GDP growth to be met this year

China will keep its economic growth within a reasonable range in the year's second half, and will ensure that its full-year growth target is achieved …

News (China)

Smaller Cities Are a Big Worry in China's Too-Hot Property Market

BEIJING—China’s booming housing market has been a rare bright spot of late as the broader economy cools, but there are signs of trouble beneath the surface.<p>Housing sales, property investment and new construction all picked up pace in July, according to data released this week, ostensibly good news …

Business

China c.bank injects 383 bln yuan through 1-year MLF, rate unchanged - statement

statement@<p>SHANGHAI, Aug 15 (Reuters) - China's central bank lent 383 billion yuan ($55.62 billion) to financial institutions on Wednesday via its …

China

China Vows to Meet 2018 Economic Targets Despite Trade Fight

China is able to weather the escalating trade war with the U.S. and achieve its economic targets for this year, an official at the nation’s top …

Economy

The Morning Download: Bank of China CIO Driving Blockchain, Fintech Expansion

By<p>Steve Rosenbush<p>Steve Rosenbush<p>The Wall Street Journal<p>Biography<p>@Steve_Rosenbush<p>ciojournal<p>steven.rosenbush@wsj.com<p>Sign up here for The Morning Download, and get the most important news in business technology emailed to you each weekday morning.<br>• Subscribe to WSJ Pro Cybersecurity for in-depth …

Business Technology

China’s Housing-Market Headache

China’s housing market is on a tear—good news, right? Not exactly<p>By<p>Nathaniel Taplin<p>Nathaniel Taplin<p>The Wall Street Journal<p>Biography<p>@nate_taplin<p>nathaniel.taplin@wsj.com<p>It’s a good time to be a homeowner in China. It’s a bad time to be a Chinese central banker.<p>Chinese home prices rallied again last …

Stock Markets

China’s Communist Party published a guide to blockchain, despite its dislike of decentralization

The publisher of the Communist Party-affiliated newspaper, People’s Daily, has published a blockchain guide called <i>Blockchain—a Guide for Officials</i>, the state-run paper announced earlier this week. The book appears to have gone online (link in Chinese) last month, and is aimed at helping top …

Blockchain

GLOBAL MARKETS-Stocks, commodities tumble; emerging markets hit as dollar rises, yuan falls

© Reuters. GLOBAL MARKETS-Stocks, commodities tumble; emerging markets hit as dollar rises, yuan falls<p>* Dollar index hits 13-month high, commodities …

Stock Markets

Top 5 Things To Know In The Market On Wednesday

© Reuters. Top 5 things to know today in financial markets<p>Investing.com - Here are the top five things you need to know in financial markets on …

Stock Markets

China investment growth at record low

China's economy is showing signs of cooling further as the United States prepares even tougher trade tariffs, with investment growth slowing to a …

News (Hong Kong)

Yuan falls to 15-mth low, in striking distance of key 7/dlr

SHANGHAI, Aug 15 (Reuters) - The yuan weakened to a 15-month low on Wednesday and flirted with a key support level not seen since 2008 as the dollar …

Stock Markets

FOREX-Dollar fades from 13-month high, offshore yuan slumps

© Reuters. FOREX-Dollar fades from 13-month high, offshore yuan slumps<p>* Euro pares losses as Qatar pledges investment in Turkey<p>* Lira recovers for …

Stock Markets

Asian markets retreat, weighed by sinking tech stocks

Asian stock markets started lowed Wednesday, even as worries eased over Turkey’s currency crisis. Benchmarks in Taiwan, Hong Kong and China were down …

Stock Markets

What the Tumbling Yuan Means for Markets

US equity markets feel so 2017, trading close to record highs amid low volatility. But this month is stirring memories of 2015, when the People’s …

Stock Markets

Citi shuffles consumer unit; fintechs embrace subprime cards

Anand Selva, a long-time Asia hand, will head up U.S. consumer banking; several startups are backed by traditional card issuer veterans.

Swiss Bank

Breakingviews - China’s stealth housing support is looking wobbly

HONG KONG (Reuters Breakingviews) - China’s stealth support for housing is looking wobbly. Officials are tweaking a $470 billion program through which the People’s Bank of China effectively provides lenders with cheap loans to upgrade housing in smaller cities. Even a small change to the scheme …

China

Communist Party of China Releases Primer on Blockchain Technology

The Communist Party of China (CPC) has recently released a primer on blockchain technology and its possible applications, according to an official …

Communist Party