China
Here's what drove China's Big 4 banks to a 6.1% profit gain
Here's what drove China's Big 4 banks to a 6.1% profit gain
Overall income climbed to 221.82b CNY.
DBS China caps off first RMB/SGD direct trade on launch day
Contributing to the acceleration of RMB internationalisation.
RMB payments between 'true offshore' trading centres rocketed by 837% in value
It's reached record levels of payments activity.
HSBC gets nod for RMB-SGD direct onshore trading in China interbank forex market
This reflects the acceleration of RMB internationalization.
CCB's reluctance to compete for deposits in 3Q14 drives LDR to 72%
It's offset migration effect towards time deposits.
Chinese banks' 3Q net profit projected to grow 8% y/y
Slightly down from the previous quarter.
China banks' new loans rebounded to RMB857.2b in September
Recovering in a tough environment.
Here's how the deposit deviation requirement will affect China banks
Changes are coming, that's for sure.
China banks may surprise with unexpectedly stronger loan growth
2H14 earnings likely in-line as well.
Barclays upgrades Bank of China to EW
Thanks to better earnings and valuation.
PBOC bent on lowering interest rates
Based on decline in repurchase rate.
Fund flows to China's equity market reverse course
From net inflow to net outflow.
Chinese investors bullish on making more outbound M&A in 2014
Even if there's international financial market volatility.
Over a third of world's financial firms are using RMB to pay China and Hong Kong
Asia's the leader in RMB adoption.
China's big 4 banks finally allowed to relax rules for "first-home purchase"
In hopes of boosting home loans.
PBOC reportedly set to rewrite first-time mortgage definition
It could boost the property market.
Chong Hink Bank AT1 capital issue raises possibility of EPS dilution
Bonds will boost Tier-1 and total CAR.