Monday, January 25, 2021
Tags Reserve Bank of Australia

Tag: Reserve Bank of Australia

Banking

Australian Central Bank Governor Says China Can Contain Financial Risks

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The head of the Australian central bank says he is "optimistic" about the ability of the Chinese government to contain vulnerability and risk in...
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Banking

Australia’s Central Bank Frets Over Chinese Shadow Banking

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The Reserve Bank of Australia is concerned that the rapid expansion of China's shadow banking sector over the past decade poses a threat to...
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Banking

Australia’s Central Bank Cautions China on Tightened Capital Controls

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The head of Australia's central bank has called upon the Chinese government to moderate its capital control regime. Speaking on the topic of RMB internationalisation in Sydney...
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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Fintech CBNEditor - 0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

Fintech CBNEditor - 0
A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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