Tag - bank-of-china

 
 

BANK OF CHINA

Buildings in Pudong's Lujiazui Financial District in Shanghai. China's yuan weakened past the closely watched 7.2-per-dollar level as investor sentiment soured on a lack of aggressive stimulus and Beijing signaled a level of comfort about the declines.
BUSINESS / Markets
Nov 9, 2023
China is struggling woo back foreign investors
The lack of investment among global firms in China may have far reaching effects on the world’s second-largest economy.
Japan Times
BUSINESS / Tech
Sep 24, 2021
Bitcoin stumbles as China turns the screws on cryptocurrencies
Crypto contributes little to economic growth, spawns risks, consumes huge amounts of energy and hampers carbon neutrality goals, say authorities.
Japan Times
COMMENTARY / World
Jul 15, 2021
China is the first crack in the COVID-19 recovery
The shift by China's central bank is jarring because the nation spent months conveying the idea that it was comfortable trimming — not adding — support for the economy.
Japan Times
BUSINESS
Jun 19, 2021
China is quietly stepping up its interventions in markets
China is resorting to increasingly forceful measures to contain risks to the financial system, in moves that could undermine Xi's pledge to give markets greater freedom.
Japan Times
BUSINESS / ANALYSIS
Jun 2, 2021
China's banks are bursting with dollars, and that's a worry
Boosted by surging export receipts and investment flows, the value of foreign cash deposits in China's banks leapt above $1 trillion for the first time in April.
Japan Times
COMMENTARY / World
Apr 15, 2021
China still needs an expansionary economic policy
The People's Bank of China (PBOC, the central bank) is likely to maintain its monetary policy stance, if not tighten it.
Japan Times
BUSINESS
Jul 2, 2020
China’s central bank is signaling peak of easing has passed
Gov. Yi Gang has urged markets to start thinking about an 'exit” from the looser financial policies of earlier this year despite its historic first-quarter slump.
Japan Times
BUSINESS / Markets
Feb 5, 2020
Wall Street surges as China financial measures soothe virus worries
The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its biggest one-day gain in about six months as fears of a heavy economic impact from the coronavirus outbreak waned after China's central bank intervened.
Japan Times
BUSINESS / Economy
Jan 6, 2020
China vows increased measures to 'win' battle against growing bank risks
China pledged to step up measures to shore up its troubled banks and small businesses while continuing a crackdown on shadow banking and property speculation, in a difficult balancing act that risks exacerbating a buildup in bad debt at its traditional lenders.
Japan Times
BUSINESS
Aug 26, 2019
China's companies have unseen foreign debt that's maturing fast
The foreign debt built up by Chinese companies is about a third bigger than official data show, adding to the pressure on the country's currency reserves as a wave of repayment obligations approaches in 2020.
Japan Times
BUSINESS / Companies
Nov 27, 2018
Line and China's Tencent link up to push cashless payments in Japan
Line, Japan's messaging app giant with 78 million users, is stepping up its bid to become a major cashless payment platform by targeting Chinese tourists.
BUSINESS / Markets
Dec 18, 2017
Central banks quietly trim stimulus while hoping to maintain global growth
Central bankers are gingerly trying to take away the punch bowl without interrupting the party.
COMMENTARY / World
May 12, 2015
China's baby steps toward economic disaster
Decisions Japan made in the late 1990s can serve as a cautionary example of what policies China should avoid as it tries to bump-start its stalled economy.
BUSINESS
Aug 26, 2014
Boeing lands $8.8 billion BOC Aviation order on Asian demand
Boeing Co. won an order for $8.8 billion in jets from BOC Aviation Pte. as the aircraft lessor made its biggest-ever purchase to help meet surging travel demand in Asia.
COMMENTARY / World
Aug 25, 2014
Next time, China might have to face the fire
China's leaders should take advantage of the recent respite from instability and low confidence to redouble their economic reform efforts. Otherwise, they can expect alarm bells to begin ringing again.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores