Global Banking Monitor

Tuesday, May 14, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: china

Marketmind: G3 Central Banks and China Politburo Enthrall Investors

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The week ahead could be pivotal to the financial market...

How China Is Backing Its Economy Amid Anticipation for Stimulus

China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about...

Residential Gas Prices in China Surge as Controls are Eased

More than a dozen Chinese provinces and cities have increased residential natural gas prices since late last month after the nation’s top economic planner...

China Under Pressure to Stimulate Economy, but Rate Cuts Alone May Not Suffice

Expectations are growing that China’s government will boost spending on infrastructure as part of a broader stimulus push following the central bank’s interest rate...

India Poised to Outshine China as Asia Emerges as a Global Growth Bright Spot

Economic growth in India is expected to outpace that of China this year and next, according to the Organization for Economic Cooperation and Development. In...

China Faces Rising Pressure for Rate-Cut as Weak Recovery Indicators Multiply

China’s economic recovery showed further signs of weakening in May, clouding the outlook for the rest of the year and fueling calls for more...

China Urges Major Banks to Reduce Deposit Rates in Effort to Stimulate Growth

Chinese authorities asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year, according...

Argentina Boosts Currency Swap Access with China, Reaching $10 Billion

Argentina has signed a deal to renew its currency swap line with China and double the amount it can access to near $10 billion,...

Analysts Warn of Lingering Risks for China Amid US Debt Ceiling Crisis, Despite Prospects of a Deal

A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market...

Global Investment Banks Witness Profit Drop in China

Profits at Goldman Sachs, Morgan Stanley and a clutch of other western banks in China fell sharply last year, as Covid-19 lockdowns and geopolitical...

China Contemplates Transferring Stakes in Troubled Banks to Sovereign Wealth Fund

China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund as part of a...

China keeps rates unchanged and boosts liquidity to support faltering recovery

China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Monday, as expected, but markets expect monetary easing...

IMF Calls on China to Meet World Debt-Restructuring Standards

China, the biggest bilateral creditor to developing countries, needs to show it can operate within established international debt-relief processes for poor nations such as...

IMF Chief urges China to focus on consumption for economic rebalancing

The head of the International Monetary Fund struck a positive note on China’s outlook, describing it as one of the “green shoots” in the...

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