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HK’s forex reserves reach $281b in Oct
Hong Kong’s foreign currency reserve assets reached $281.7 billion by the end of October, 2011, up $4.1 billion compared to the end of September, the Hong Kong Monetary Authority said…
China’s lending to small, micro-sized enterprises 27.9 pct of total loans
China has implemented a slew of measures to guide banks to loan more to small and micro-sized enterprises, and 27.9 percent of all outstanding loans by September went to those…
Chinese banks to get liquidity boost
China’s cash-strapped banks may soon get an injection of capital, thanks to fiscal funding, not a loosening of government policy. More than 1 trillion yuan (about $158.2 billion) of treasury…
BOC faces challenges, opportunities as SIFI
Bank of China(BOC) is facing both challenges and opportunities after being named one of the systemically important financial institutions (SIFIs) by the Financial Stability Board (FSB), said bank officials and…
China to inject $158b into money market
China is likely to inject more than 1 trillion yuan ($158 billion) into the money market in the next two months via annual subsidies from the Ministry of Finance, Reuters…
Official says less financial bubbles in Q3
Wu Xiaoling, a former deputy governor at the People’s Bank of China, the central bank, said Saturday that the decline in China’s social financing in the third quarter suggests less…
Vietnam Business News
- Gold: Prepare for explosive moves in 2012
- $2,000 gold in 2012?
- ECB holds the key to next gold rally
- Hong Kong exports a record 85.7 tonnes of gold to mainland in Oct
- ‘Gold as a strategic asset for European investors’ – World Gold Council
- Spot gold lost as much as 1.7 percent to a two-week low of $1,681.39 an ounce
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