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Japan MOF Sugimoto: Unaware Of Fund Plan With China, S Korea (Nasdaq)
TOKYO -(Dow Jones)- The Japanese Finance Ministry's top bureaucrat said Monday that he hasn't heard anything about reported plans to launch a fund with China and South Korea to cope with the current financial crisis. Craig Stephen's This Week in China: Hong Kong left exposed to crunch fallout (Market Watch)
The city-state so dependent on finance and property is waking up to the fact that a global banking crunch clearly spells trouble. China's rising challenge vs global finance, management, politics crisis and conflicts (cmi valparaíso)
Is rising China and India presenting new challenging to the West in light of ongoing financial crisis? Watch out on the Chinese century vs global politics, trade, leadership, finance, and jobs! What is behind China's global empire dream? Ailing Fortis investment to hurt China's Ping An 2008 profits (AFP via Yahoo! News)
China's Ping An Insurance group warned its 2008 profits would be hit by 15.7 billion yuan (2.3 billion dollars) in losses from its investment in ailing Belgian-Dutch finance group Fortis. China Finance, Inc. Announces New Line of Business and the Signing of a Letter of Intent to Acquire a Controlling ... (PR Newswire via Yahoo! Finance)
China Finance, Inc. , a provider of financial support and services for China's large and rapidly expanding class of small and medium enterprises , today announced that the Company intends to expand its business to include strategic direct investments in and acquisitions of the equity of SMEs through its wholly-owned subsidiary, Value Global International Limited, a British Virgin Islands ... China says new milk tests show clean (Reuters via Yahoo! News)
China, mired in a health scandal over contaminated dairy products at home and abroad, said new tests had revealed no melamine in liquid milk on the home market. How China could wreck the US economy (rediff.com)
The US till date was depending on the Chinese for imports and to finance them as well for such imports. Now they will have to be considerably dependent on the Chinese to protect their currency as well as to ensure liquidity in their money markets. China to allow short-sales and margin trading (International Herald Tribune)
The changes will initially be conducted on a trial basis by a small number of brokerage businesses and gradually expanded to other securities companies, the China Securities Regulatory Commission said Sunday. China central gov't to subsidize dairy farmers after tainted milk scandal (People's Daily)
China's Ministry of Agriculture said Saturday it had made an emergency rescue plan with the Ministry of Finance to give special subsidies to the country's dairy farmers, who have suffered from shrinking demand after the tainted milk scandal. Fewer dairy farmers were dumping raw milk as government support policies to shield them from losses paid off, said the ministry in a statement on its ... China May Move to Revive Sagging Property Market, JPMorgan Says (Bloomberg)
Oct. 6 (Bloomberg) -- China may use targeted measures and interest-rate cuts to revive a sagging property market and sustain economic growth, said Jing Ulrich , chairwoman of China equities at JPMorgan Chase & Co. in Hong Kong. |