FINANCE & ECONOMICS

Shrewd Smiles as Online Bankers Test New Tech
Alibaba is betting on biometrics as the next step for secure online financial transactions and bank account business
By staff reporter Zhang Yuzhe 03.26.2015
MasterCard Plots Course on Changes to China's Payment Infrastructure

MasterCard Plots Course on Changes to China's Payment Infrastructure

Chang Qing, head of MasterCard China, says the company is ready to leverage its expertise in adapting the bank card business to mobile technologies

04.24.2015
China to Open Bank Card Clearing to Foreign Competition

China to Open Bank Card Clearing to Foreign Competition

Decision comes after ruling by World Trade Organization in 2012 which found China broke trade rules by allowing state-backed UnionPay to monopolize the market

04.22.2015
CDB and EXIM Bank to Receive Capital Injections from Forex Reserves

CDB and EXIM Bank to Receive Capital Injections from Forex Reserves

Injection from sizable foreign reserves aimed at strengthening balance sheets for 'Belt and Road' initiatives, according to inside sources

04.21.2015
China Makes Big Cut to Bank Reserve Requirement

China Makes Big Cut to Bank Reserve Requirement

Central bank injects liquidity into market to support economy after securities regulator moved to curb leveraged investment

04.20.2015
Shenzhen's Planners, Aviation Official in Dogfight over Building Heights

Shenzhen's Planners, Aviation Official in Dogfight over Building Heights

Southern city has grand development plans for its Qianhai zone, but airport authorities say too many tall buildings will imperil flights

04.17.2015
Investors Allowed to Open Multiple Accounts for A-Share Trading

Investors Allowed to Open Multiple Accounts for A-Share Trading

Change will create more competition among brokerage firms and cut commission fees, analysts say

04.14.2015
Hebei Loan Guarantee Firm Wobbles, Worrying 50 Financial Institutions

Hebei Loan Guarantee Firm Wobbles, Worrying 50 Financial Institutions

Banks, trust companies and lending websites concerned about investments because Hebei Financing Investment Guarantee Group lacks money

04.13.2015
Ping An Launches Subsidiary to Handle New Form of Net Investing

Ping An Launches Subsidiary to Handle New Form of Net Investing

Insurer joins JD.com in forming company to get Internet users to back startup companies via equity crowdfunding

04.10.2015
  • more