Bank of China

Bank of China 2/7/2012

23:42 : China to help first-time home buyers - HONG KONG (MarketWatch) -- China's central bank pledged Wednesday to support first-time home buyers, marking the first notable softening in tone towards the real-estate sector since a clampdown on prices that began in mid-2010. The People's Bank of ...

Source : marketwatch-com

Bank of China 2/6/2012

23:37 : China central bank move could be hawkish signal - HONG KONG (MarketWatch) -- The People's Bank of China appeared to signal intentions to keep liquidity tight in the money markets Tuesday by reportedly absorbing 26 billion yuan ($4.1 billion) through 28-day bond repurchase agreements, ...

Source : marketwatch-com

00:57 : Asian Bank Brands Led by China Construction Bank, ICBC Toughen Up in 2011 - Asian banks made its way to the top 20 international bank brands of the year 2011, highlighting how they have so far bested the global financial turmoil and their future potential, the latest Banking 500 Report said.

Source : ibtimes-com

Bank of China 1/29/2012

22:41 : BOC Hong Kong To Handle Yuan-Clearing Business In Malaysia - Report - Bank of China Ltd. (3988.HK) has assigned its Hong Kong arm, BOC Hong Kong (Holdings) Ltd. (2388.HK), the handling of its yuan-clearing business in Malaysia, The Standard reported Monday, citing an unnamed source.

Source : foxbusiness-com

Bank of China 1/20/2012

00:40 : Emerging Markets Report: China quietly adds market liquidity, analysts ... - The People’s Bank of China injects more liquidity into the markets than it officially announces to prevent a shortage of money ahead of the Chinese New Year holiday, according to analysts.

Source : marketwatch-com

Bank of China 1/18/2012

23:31 : China injects $29 billion short-term liquidity:rpt - HONG KONG (MarketWatch) -- The People's Bank of China reportedly offered 183 billion yuan ($29 billion) of 14-day reverse repurchase agreements on Thursday, easing liquidity conditions ahead of the Lunar New Year holidays and sharply ...

Source : marketwatch-com

Bank of China 1/16/2012

13:33 : AgBank, CCB replace execs with new chairmen - THE Agricultural Bank of China and China Construction Bank have each appointed a new chairman, replacing executives who moved to head the nation's financial regulators last year. CCB appointed Wang Hongzhang,...

Source : shanghaidaily-com

10:26 : Newsmaker - Long trek from clerk to chairman of China's AgBank - The new chief of Agricultural Bank of China brings no-nonsense flair and a strong track record in bank overhauls to the helm of the lumbering Chinese lender where he started out years ago as a filing clerk.

Source : ibtimes-com

09:31 : China Banks Name New Chairmen - Agricultural Bank of China said the banking regulator had approved the appointment of Jiang Chaoliang as its chairman. China Construction Bank appointed Wang Hongzhang as chairman and executive director.

Source : wsj-com

09:07 : Newsmaker: Long trek from clerk to chairman of China's AgBank - The new chief of Agricultural Bank of China brings no-nonsense flair and a strong track record in bank overhauls to the helm of the lumbering Chinese lender where he started out years ago as a filing clerk.

Source : ibtimes-com

Bank of China 1/13/2012

13:33 : Policies hit mortgages in Shanghai - INDIVIDUAL home loans in Shanghai fell sharply last year as the government tightened policies on the real estate market and buyers became more cautious, the Shanghai headquarters of the People's Bank of China said...

Source : shanghaidaily-com

Bank of China 1/12/2012

12:05 : ICBC Chief Sees More Ways to Invest China's Reserves - China may eventually invest more of its $3.2 trillion foreign-exchange reserves in stocks, enterprises and other assets as it looks for ways to boost returns on its reserves, according to Jiang Jianqing, chairman of Industrial and Commercial ...

Source : wsj-com

Bank of China 1/6/2012

07:40 : Shanghai stocks rebound on upbeat moves - THE Shanghai Composite Index reversed its tumble since New Year's Day as the investment arm of the central government increased its stakes in the Industrial and Commercial Bank of China while the RMB Qualified Foreign...

Source : shanghaidaily-com

06:48 : Bank of China, Mizuho eye RBS bank assets -sources - HONG KONG (Reuters) - Bank of China and Japan's Mizuho Financial are among the banks eyeing parts of the Royal Bank of Scotland , sources told Reuters on Friday, as the process begins to trim the...

Source : reuters-com

06:47 : Bank of China and Mizuho Financial (MFG) are among the banks eyeing RBS ... - Bank of China and Mizuho Financial (MFG) are among the banks eyeing RBS (RBS) assets, sources say. RBS is reportedly seeking buyers for its cash equities, equity capital markets and M&A business globally. Post your comment!

Source : seekingalpha-com

Bank of China 1/4/2012

21:56 : Caixin Online: China central-bank chief on yuan, 2012 forecasts - The head of the People’s Bank of China, Zhou Xiaochuan, discusses why the yuan is no longer a one-way bet and why his nation is close to fully opening its capital account to the outside world, in this exclusive interview with Caixin ...

Source : marketwatch-com

Bank of China 12/31/2011

06:01 : China's central bank stresses prudent monetary policy for 2012 - CHINA'S central bank said today it will continue the prudent monetary policy and maintain the continuity and stability of its policies. The People's Bank of China will give full play to the counter-cyclical function...

Source : shanghaidaily-com

03:36 : China's central bank stresses prudent monetary policy for 2012 - CHINA'S central bank said today it will continue the prudent monetary policy and maintain the continuity and stability of its policies. The People's Bank of China will give full play to the counter-cyclical function...

Source : shanghaidaily-com

Bank of China 12/28/2011

02:26 : Caixin Online: China real-estate prices must fall further: AgBank - A recent report by Agricultural Bank of China says the government’s objective to stabilize the property market could require up to a 25% decrease in prices, reports Caixin Online.

Source : marketwatch-com

Bank of China 12/27/2011

16:38 : China's Central Bank Clamps Down On Gold, The Only Safe-Haven Left - The People’s Bank of China (PBoC) continues to strengthen its hold of the local gold market, banning the establishment of gold trading platforms and channeling everything through the Shanghai exchanges, according ...

Source : forbes-com

Bank of China 12/26/2011

05:26 : Yuan hits all-time high, on track for over-4 percent gain in '11 - SHANGHAI (Reuters) - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation ...

Source : reuters-com

05:04 : Yuan hits all-time high, on track for over-4 percent gain in '11 - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.

Source : ibtimes-com

Bank of China 12/25/2011

23:50 : Yuan hits record vs dollar, on track for over-4-percent gain - The yuan hit an all-time trading high against the dollar on Monday, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.

Source : ibtimes-com

Bank of China 12/19/2011

13:02 : China Waking Up? Central Bank Now Selling Forex Reserves To Support Yuan - Marking a clear break with its policies over the last several years, the People’s Bank of China (PBoC) announced a second consecutive month of foreign exchange outflows in November, a move designed to support the value of the yuan. ...

Source : forbes-com

Bank of China 12/16/2011

12:01 : Reversal of dollar trend as yuan hits record high - THE yuan rose to a record high against the US dollar yesterday, a reversal from a declining trend this month, which traders said could be the result of the central bank's intervention. The People's Bank of China...

Source : shanghaidaily-com

Bank of China 12/7/2011

20:52 : Hong Kong stocks fall, led by banks, metals - LOS ANGELES (MarketWatch) -- Hong Kong stocks joined their Asia peers to trade lower early Thursday, with banks and metal shares among the leading decliners. The Hang Seng Index fell 0.9% to 19,059.27, while the Hang Seng China Enterprises ...

Source : marketwatch-com

Bank of China 12/4/2011

15:15 : Bank of China to step in as Saab part owner: source - STOCKHOLM (Reuters) - Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that the Bank of China, the nation's fourth-largest bank by market value, will come in as part owner of the ailing carmaker, according ...

Source : reuters-com

15:11 : Bank of China to step in as Saab part owner - source - Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that the Bank of China , the nation's fourth-largest bank by market value, will come in as part owner of the ailing carmaker, according to a source familiar ...

Source : ibtimes-com

Bank of China 12/1/2011

09:22 : Dollar Consolidates Losses, Markets Rise - NEW YORK (BBH FX Strategy) -- The dollar consolidated Wednesday's deep losses, sparked by coordinated moves by major central banks to ease tension in global funding and a People's Bank of China reserve ratio cut. There is evidence ...

Source : thestreet-com

05:20 : China Returns to Growth Mode with Major Policy Shift - The damaging global economic effects that Europe's unfolding debt crisis pose have caused a sharp reversal in China's monetary policy - one that will lead to a greater expansion of the Red Dragon's economy. The People's Bank of China ...

Source : moneymorning-com