China’s central bank The People’s Bank of China (PBOC) has increased its short-term fund injection this week to meet higher cash demand that typically ensues towards the month-end. In a statement PBOC said it has offered $7.71 billion (50 billion… Read More ›
On Monday, Hong Kong’s finance secretary Paul Chan stated, the government is weighing its options for introducing a more “competitive” tax arrangement in order to attract private equity funds to the city. The development comes in the wake of China’s… Read More ›
The test was to see whether banks have enough capital to take on stressful economic conditions. On Friday, UK’s central bank, the Bank of England said, it would publish the results of its annual assessment of banks’ readiness for financial… Read More ›
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