Results for China
- China’s State-Owned Airlines Hit Turbulence
China’s state-owned airlines have had a turbulent year and are warning of first-half earnings to match when they report later this month, the Financial Times reported. With the bulk of their earnings in renminbi and fuel and aircraft costs denominate ...
Daily Headline - global.abi.org - 08/17/2014 - 20:12 - 0 comments
- China Cracks Down on Money Leaking Out of Its Borders
China is trying to regain control of the cash flowing across its leaky borders and the effects will be felt around the world, The Wall Street Journal reported. Beijing technically bans its citizens from buying overseas properties and stocks, and limi ...
Daily Headline - global.abi.org - 08/14/2014 - 21:14 - 0 comments
- Lending in China Slowed Drastically in July
Chinese lending unexpectedly and drastically slowed in July to the lowest level since the depths of the global financial crisis, as a weak property market appeared to drive down demand for new loans, despite recent moves to ease credit, the Internation ...
Daily Headline - global.abi.org - 08/13/2014 - 22:12 - 0 comments
- Chinese Property Defaults Seen as Financing Stresses Mount
China’s slumping property market is fueling speculation the industry is set for a shakeout as small developers face difficulty raising funds to pay off debt, Bloomberg News reported yesterday. Yield premiums on Chinese real estate bonds denominated in do ...
Daily Headline - abi_admin - 08/11/2014 - 12:41 - 0 comments
- China Home Glut May Worsen as Developers Avoid Price Drop
A reluctance among some developers in China to sell units at prices lower than they could fetch just months ago threatens to cause a swelling in unsold properties, Bloomberg News reported today. The worsening glut would extend a slide in construction tha ...
Daily Headline - abi_admin - 08/06/2014 - 13:31 - 0 comments
- Overseas Borrowing Exposes China to U.S. Interest Rate Rises
China's overseas borrowings are leaving the country increasingly vulnerable to a rise in U.S. interest rates, potentially creating funding problems for some companies and tighter conditions for the financial system overall, the Wall Street Journal ...
Daily Headline - abi_admin - 08/05/2014 - 13:00 - 0 comments
- China Property Cooling Prompts Revival of Builder Bonds
China’s government is authorizing developer debt sales for the first time in five years in a bid to avoid bankruptcies as the property market cools, Bloomberg News reported. Jiangsu Future Land Co., a builder of homes in eastern China, sold 2 billion yua ...
Daily Headline - global.abi.org - 07/27/2014 - 21:15 - 0 comments
- Chinese Investors In Talks To Buy Stake In Failed Icelandic Bank
A group of Chinese investors is in talks with the bankruptcy estate of Icelandic bank Islandsbanki, which was previously known as Glitnir and failed in 2008, over buying a stake in the up-for-sale bank, a finance ministry source said on Thursday. The sou ...
Daily Headline - global.abi.org - 07/24/2014 - 22:05 - 0 comments
- China Debt Tops 250% Of National Income
China’s total debt load has climbed to more than two and a half times the size of its economy, underscoring the difficult challenge facing Beijing as it seeks to spur growth without sowing the seeds of a financial crisis, the Financial Times reported ...
Daily Headline - global.abi.org - 07/21/2014 - 18:48 - 0 comments
- Chinese Banks Halt Experimental Yuan-Remittance Program
China's major banks have halted an experimental program, sanctioned by the country's central bank, that helped citizens transfer large sums overseas despite government capital controls, according to people with knowledge of the matter, The Wa ...
Daily Headline - global.abi.org - 07/14/2014 - 19:54 - 0 comments