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  • August 28, 2014
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Results 1 - 10 of 130421 for chinese yuan

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  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. News - China Insider - ENTERTAINMENT

    Chinese park sues Paramount for 20.8m yuan over latest Transformers film

    Posted Jul 24th 2014, 01:22pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com The company operating a Chinese scenic park that features in the latest hit film  Transformers: Age of Extinction has sued the production firm Paramount ... demanding 20.8 million yuan (HK$26.2 million) in compensation. The tourism company said in its contract with M1905, an agency representing the US film studio, it had promised to pay sponsorship ...

    http://www.scmp.com/news/china-insider/article/1558125/chinese-park-sues-paramount-208m-yuan-over-transformers-movie
  8. Property - Hong Kong & China - DEBT

    Chinese developers sinking into disguised debts

    Posted Aug 28th 2014, 05:03am by Langi Chiang

    ... sinking into disguised debts Chinese developers' indebtedness is worse than shown in their interim results as a rising number of issued perpetual bonds, and limited disclosure on their terms, ... at 44.5 billion yuan (HK$55.9 billion), followed by Guangzhou R&F at 15.6 billion yuan, Agile at 4.5 billion yuan, Greentown China at three billion yuan, Kaisa at one billion yuan and Fantasia ...

    http://www.scmp.com/property/hong-kong-china/article/1581350/chinese-developers-sinking-disguised-debts
  9. Business - China Business - EARNINGS

    Chinese industrial firms’ profits grow more slowly

    Posted Aug 28th 2014, 01:10pm by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Chinese industrial companies’ profits grew more slowly last month than in June, the National Bureau of Statistics said, as industries such as coal suffered heavy losses. Their profits rose 13.5 per cent year on year to 482.3 billion yuan (HK$607.6 billion) last month, slowing from 17.9 per cent growth in June. In the first seven ...

    http://www.scmp.com/business/china-business/article/1581416/chinese-industrial-firms-profits-grow-more-slowly
  10. Business - Banking & Finance - CURRENCIES

    Investors warned of more fluctuations in yuan

    Posted Mar 04th 2014, 05:09am by JANE CAI, Victoria Ruan, Kwong Man-ki

    ... band expected for yuan The mainland's foreign exchange chief has warned investors to expect more fluctuations in the value of the yuan as the currency moves towards a more market-based ... of the People for the opening of the annual meeting of the Chinese People's Political Consultative Conference. He declined to respond to rising market speculation that Beijing was readying to widen ...

    http://www.scmp.com/business/banking-finance/article/1439599/investors-warned-more-fluctuations-yuan

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