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STANDARD CHARTERED CHINA
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...- Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- BRICS to update counter-terror plan amid new threatsBRICS is enhancing its counter-terror strategy. New challenges like terror financing and cyber threats are being addressed. Discussions foc...
- RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
- China's credit growth slips below estimatesApril marked a significant slowdown in China's credit growth, tumbling below projections. Banks curtailed the issuance of new loans, while ...
- China's TCL in talks with local companies to sell 51% in Indian plantChinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7...
- Citigroup to sell China consumer wealth business to HSBCCitigroup has agreed to sell its China consumer wealth portfolio, including clients, assets under management, and deposits, to HSBC. The de...
- Major banks cut China 2023 GDP forecasts as recovery faltersSeveral major Western banks, including UBS, Standard Chartered, Bank of America, and JPMorgan, have lowered their 2023 GDP growth forecasts...
- Banks divert gold supply from India to China, Turkey: ReportThat could create scarcity in the world's second-biggest market for gold, and force Indian buyers to start paying hefty premiums for suppli...
- Standard Chartered seeks to sell $1.4 billion stressed Indian loansStandard Chartered shares rose 1.7% to 451.05 pence, the highest in a week, at 9.51 am in London trading on Monday.
- China may loosen limits on foreign fund outflowThe rule changes would apply to funds under the Qualified Foreign Institutional Investor programme, which grants quotas for money brought i...
- Fitch downgrades Standard Chartered to A+ on weak profits, asset qualityFitch Ratings downgraded Standard Chartered's long-term issuer rating to 'A+' from 'AA-', citing the bank’s unfavourable profitability.
- China's total debt reaches 282% of its GDP: McKinseyWhile other big economies aren't far behind, it's the pace of China's credit expansion that's worrying policy makers.
- Standard Chartered Plc keeping a watchful eye on slowing growth in India and ChinaThe bank’s profitability dipped 16% to $1.53 billion in third quarter to September, compared to $1.83 billion in year-ago period, as bad lo...
- Why gold prices will continue to stay highGold prices have been on a roll over the past few years. The precious metal has given a return of about 160% in the past five years.
- India could be world's third largest economy by 2030: StanChart"We are projecting by 2030, China, India and Brazil would be world's first, third & fourth-largest economies," Standard Chartered Bank's Gl...
- India to grow faster than China by 2012: Standard Chartered BankIndia is expected to grow faster than China over the next couple of years and will be a $30-trillion economy by 2030, according to a report...
- Chinese banks look to invest in Standard Chartered: ReportChina's three leading banks have approached Temasek, Singapore's state investment agency, over the acquisition of its stake in Standard Cha...
- Standard Chartered appoints Jaspal Bindra as new Asia headStandard Chartered Bank on Thursday announced appointment of Jaspal Bindra as its new Asia Head.
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