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  • September 17, 2014
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Results 1 - 10 of 131190 for chinese yuan

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  1. Business - Economy - CURRENCIES

    Yuan jumps to 6-month high against US dollar

    Posted Sep 10th 2014, 04:05am by Jeanny Yu

    ... trading partners about low-priced Chinese goods and would raise the pressure for the yuan to appreciate faster. The central bank did not post the anchor rate on Monday due to a holiday. ... Jeanny Yu jeanny.yu@scmp.com Rally comes after central bank raises midpoint exchange rate following record trade surplus Yuan jumps to 6-month high against dollar The yuan rose ...

    http://www.scmp.com/business/economy/article/1588904/yuan-jumps-6-month-high-against-us-dollar
  2. Business - Economy - ECONOMY

    Yuan convertibility on back burner as Beijing focuses on other reforms

    Posted Aug 07th 2014, 11:58am by Reuters

    ... Reuters in Beijing Toned-down rhetoric from Beijing suggests 2020 move for key step on currency, reflecting concerns over speculative flows Yuan convertibility on back burner amid priority shift Beijing is quietly pushing back its loose timetable to make the yuan freely convertible, policy insiders say, as the authorities fear removing capital controls too soon could unleash ...

    http://www.scmp.com/business/banking-finance/article/1568188/yuan-convertibility-back-burner-beijing-focuses-other
  3. Business - Economy - CURRENCIES

    France out to build on gains as yuan hub, consul general in Hong Kong says

    Posted Jul 28th 2014, 04:26am by Enoch Yiu

    ... transactions with mainland China. There are also many Chinese companies investing in France and vice versa. It is natural for France to develop as a key yuan hub in Europe," Barthelemy said. Bank ... Enoch Yiu enoch.yiu@scmp.com The fifth-largest offshore yuan centre is keen to grab a bigger slice of the pie, the consul general says, as trade linkages with China expand France out ...

    http://www.scmp.com/business/economy/article/1560725/france-out-build-gains-yuan-hub-consul-general-hong-kong-says
  4. Business - Banking & Finance - CURRENCIES

    Delayed payments system stalls yuan’s global ambitions

    Posted Jul 09th 2014, 11:18am by Reuters

    ... Reuters in Beijing Roll-out of CIPS network won't be ready before 2016 due to technical glitches and policy snags Payment system delay hits yuan's global ambitions China's quest to turn the yuan into a full-fledged global currency has hit a roadblock, as the planned roll-out of a worldwide payments superhighway looks certain to be delayed by policy snags ...

    http://www.scmp.com/business/banking-finance/article/1550191/delayed-payments-system-stalls-yuans-global-ambitions
  5. News - China - SOCIETY

    Uygur-Han Chinese couples offered 10,000 yuan a year to marry in Xinjiang county

    Posted Sep 02nd 2014, 06:16pm by Andrea Chen

    ... majority. Under rules introduced late last month, any inter-ethnic couples in Qiemo county, also known as Qargan, who register their marriages there can apply for a 10,000 yuan (HK$12,570) annual ... the average annual rural income is 7,400 yuan- to introduce such a payment, and the first in the country to roll out detailed preferential policies to encourage inter-ethnic marriage. He said ...

    http://www.scmp.com/news/china/article/1583806/xinjiang-county-offers-10000-yuan-reward-uygurs-who-marry-han-chinese
  6. Business - China Business - REGULATION

    Chinese insurers fined 111m yuan over price fixing in car policies

    Posted Sep 03rd 2014, 10:19am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com China’s anti-monopoly regulator has slapped a fine of 111 million yuan (HK$139.86 million) to an insurance association and 23 property ... fined 10 Japanese car-parts suppliers for 1.24 billion yuan on price fixing last month. Two other companies found guilty were exempted from the fines. The Zhejiang insurance association, which ...

    http://www.scmp.com/business/china-business/article/1584278/chinese-insurers-fined-111m-yuan-over-price-fixing-car
  7. Business - Banking & Finance - CURRENCIES

    Bank of China plans to launch yuan bonds in Luxembourg

    Posted May 08th 2014, 11:18am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Lender marketing the first yuan bonds to be listed in the euro zone by a Chinese company BOC plans Luxembourg yuan bonds Bank of China has returned ... 2.5 billion yuan of a three-year bond in London at 3.45 per cent. Chinese banks face pressure to raise funds to withstand an expected rise in bad loans. The transaction is a step forward ...

    http://www.scmp.com/business/banking-finance/article/1507284/bank-china-issuing-25b-yuan-bond-luxembourg
  8. Business - Banking & Finance - DEBT

    3 big Chinese banks to issue 63.5b yuan in bonds on same day

    Posted Aug 13th 2014, 10:10am by DON WEINLAND

    ... an issuance of 30 billion yuan in 10-year tier-two bonds at a yield of 5.8 per cent, according to Chinese media. The flurry of debt issuances this week is likely a coincidence, analysts said. " ... Don Weinland don.weinland@scmp.com Major mainland banks to issue 63.5b yuan in bonds Three of China's biggest banks will issue a total of 63.5 billion yuan (HK$80 billion) ...

    http://www.scmp.com/business/banking-finance/article/1572650/3-big-chinese-banks-issue-635b-yuan-bonds-same-day
  9. Business - Companies - LOGISTICS

    Singapore’s GLP invests 2b yuan in biggest Chinese warehouse provider

    Posted Aug 05th 2014, 10:04pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com GLP takes stake in warehouse provider Global Logistics Properties of Singapore announced it would invest 2 billion yuan (HK$2.5 billion) for a 15.3 per ... billion, with the first tranche completed in June, eventually taking about a third of a stake in GLP's China business. "With the support and facilitation of the Chinese investor ...

    http://www.scmp.com/business/companies/article/1567164/singapores-glp-invests-2b-yuan-biggest-chinese-warehouse-provider
  10. News - China Insider - GADGETS

    Chinese man buys iPhone 5S with huge stacks of five mao bills

    Posted Sep 16th 2014, 01:31pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com A man in Wenzhou, Zhejiang province amazed shop clerks when he tried to pay for several iPhones with thousands of five mao (0.5 yuan) notes.  ... and the shopkeeper, surnamed Xu, agreed upon a bulk price of 20,000 (HK$25,180) yuan for the five phones.  The man then left the store, returning with three large sacks from which he "poured bundles ...

    http://www.scmp.com/news/china-insider/article/1593190/chinese-man-buys-iphone-5s-huge-stack-4000-five-mao-bills

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