People's Bank of China picks up stake in ICICI Bank via QIP issue
The People's Bank of China was among 357 institutional investors which included domestic mutual funds, insurance companies and global institutions that subscribed to the issue, sources said.
Aug 19, 2020, 11:32 AM IST
Reports: China orders bitcoin exchanges to shut down
China was one of the world's biggest markets for bitcoin but trading volume has declined as regulators tightened controls.
Sep 14, 2017, 16:43 PM IST
China strengthens yuan rate against dollar by 0.01%
The daily reference rate was set at 6.3969 yuan to $1.0, slightly stronger than Friday`s 6.3975, the China Foreign Exchange Trade System said.
Aug 17, 2015, 08:25 AM IST
Brokerages see no major trade hit on yuan fall
Even though the rupee has been under pressure for past two trading sessions, French brokerage BNP Paribas said yuan devaluation will not have a major impact as the country's trade exposure to China is comparatively small and also due to strong balance of payments situation.
Aug 12, 2015, 17:25 PM IST
Chinese economy more sustainable now: China central bank
China`s economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week.
Feb 11, 2015, 08:16 AM IST
China considering replacing central bank head: WSJ
Chinese central bank Governor Zhou Xiaochuan, an advocate of pro-market financial reforms, may lose his job in a reshuffling that follows internal battles over overhauling the economy, the Wall Street Journal reported on Wednesday.
Sep 25, 2014, 04:18 AM IST
Switzerland, China agree swap boosting role of yuan
The BNS statement said that the agreement was "an important step" for the renminbi business in Switzerland.
Jul 21, 2014, 15:55 PM IST
