EconomyPolicy
China Unveils 15th Five-Year Financial Powerhouse Plan
China released its 15th Five-Year Plan to build a financial powerhouse, setting 2030 and 2035 goals for markets, regulation and RMB internationalization.
—7 min read
Tag
#Finance
17 articles
Finance & Economy
China Issues 300B Yuan Bonds to Boost State Financial Firms
China issues 300B yuan in special bonds to boost capital of 8 state financial firms, strengthening stability and real economy support.
—5 min read
Economy
Belgian State Bonds Draw 193M Euros on First Day
Belgian state bonds attracted 193 million euros on their first subscription day, four times more than the June issuance but far below the 2023 record.
—4 min read
Finance
Guizhou Approves Dissolution of 27 Rural Banks
Chinese regulators approve dissolution of 27 rural financial institutions in Guizhou as part of sweeping rural credit reform.
—6 min read
Economy
All 31 Chinese Provinces Report Stable H1 Local Finances
China's 31 provinces report stable H1 2026 fiscal operations with 6.88 trillion yuan in local revenue, up 2.7% year-on-year.
—4 min read
Finance
Belfius Bank Hit by Major Technical Outage
Belfius bank experiences major technical outage affecting app, website, and card payments. Customers across Belgium report access issues.
—4 min read
FinanceEconomy
China Issues 15B Yuan Bonds in Hong Kong for RMB Push
China's 15 billion yuan bond issuance in Hong Kong drew 4.67x oversubscription, advancing RMB internationalization and Hong Kong's financial hub role.
—5 min read
Finance
China Issues Landmark Financial Governance Rules
Four Chinese departments issue 22 measures to improve financial institution governance, targeting shareholder abuse and internal control by 2029.
—5 min read
Finance
China Issues Landmark Financial Governance Rules
Four Chinese departments issue 22 measures to improve financial institution governance, targeting shareholder abuse and internal control by 2029.
—5 min read
FinanceEconomy
China Unveils First Systematic Rules for Credit Blacklist
China's NFRA issues new rules for serious breach credit blacklist management, establishing a closed-loop financial credit supervision system.
—4 min read
Finance & Economy
China Wealth Management Market Hits Record 35 Trillion Yuan
China's bank wealth management market surpasses 35 trillion yuan, a record high, driven by deposit rate cuts and market recovery after Q1 contraction.
—5 min read
International Business & Finance
SpaceX Loses $400 Billion in Single Day: Market Collapse
SpaceX shares plunged 16.4% on June 22, wiping out $400 billion in market value in the second-largest single-day corporate loss ever.
—4 min read
Finance & EconomyChina
China Unveils Landmark Financial Opening-Up in Shanghai
China unveils offshore finance action plan, RMB repo facility, and six PBOC measures at Lujiazui Forum to boost high-quality financial development.
—5 min read
FinanceEconomy
China Allows Pension Accounts to Buy Savings Bonds
China expands pension options as savings bonds become available through retirement accounts, offering stable returns above bank deposit rates.
—4 min read
Finance & Economy
China Opens Savings Bonds to Personal Pension Accounts
China allows personal pension account holders to buy savings bonds from June 10-19, expanding retirement investment options with state-guaranteed yields.
—4 min read
Economy & Finance
China Unveils Sweeping Overhaul of $3.4T Fund Industry
China's State Council tightens oversight of the $3.4 trillion private fund industry, targeting illegal fundraising and channeling capital into tech.
—5 min read
BusinessTechnology
Inside Prediction Markets: How Sharps Outsmart Wall Street
A deep dive into prediction markets reveals how savvy 'sharps' made millions wagering on war, elections, and more, challenging Wall Street.
—6 min read