China's central bank plans to issue a benchmark interest daily starting in 2007, state media reported. The move is part of an effort to give market forces more play, according to Wu Xiao... Read more
The People's Bank of China may absorb some US$20 billion in cash as part of ongoing efforts to keep the economy from overheating, the Wall Street Journal reported. The bank said Friday t... Read more
A further slowdown is likely in sales of bad debts taken off the books of the state banks as investors focus on other distressed asset opportunities, the Financial Times reported. Ted Osborn... Read more
Agricultural Bank of China (ABC) has invited investment banks to apply to act as financial advisors during the bank's restructuring, the South China Morning Post reported. According to m... Read more
Port builder China Communications Construction Group (CCCG) is likely to price its initial public offering at the top of end of the scale after the international portion was 60 times oversub... Read more
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