 Freddie bonds bought |
| Investors in Asia and Europe snapped up a $3 billion sale of Freddie Mac bonds at near record yields, a sign that the beleaguered mortgage finance company has the support of foreign central banks.
US mortgage firm Freddie Mac headquarters is...... (7/19/2008 9:20:00 AM) |
| Experts defend sale of shares |
| Economists have said Central Huijin Investment's sale of China Construction Bank (CCB) stake to Bank of America at a heavy discount should be seen in a wider perspective of management and other gains rather than a sell-out of national interests...... (7/17/2008 9:14:00 AM) |
| Stocks slide on economy slowdown worries |
| Mainland's major stock index dropped more than 3 percent yesterday, led by financials and property developers, after June data added to concern that the economy might be slowing.The Shanghai Composite Index sank 3.43 percent to close at 2779.448...... (7/16/2008 11:14:00 AM) |
| China Merchants Bank licensed for NY branch |
| Pedestrians pass by a China Merchants Bank's outlet in Nanjing, Jiangsu Province on June 3, 2008. China Merchants Bank received an official license on July 15 from the New York State Banking Department to operate a branch in New York.
China...... (7/16/2008 10:37:00 AM) |
| China Merchants Bank gets license for NY branch |
| China Merchants Bank Tuesday received an official license from the New York State Banking Department to operate a branch in New York, becoming the first mainland bank licensed in the U.S. in 17 years. (File Photo) BEIJING, July 16 -- China...... (7/16/2008 8:49:29 AM) |
| ICBC launches nation's first wine trust |
| A woman leaves a branch of the Industrial and Commercial Bank of China (ICBC) in Shanghai. ICBC, China's largest bank, has launched the country's first wine trust project, in the hope that alternative investments may prove to be fruitful amid the...... (7/15/2008 9:44:00 AM) |
| ICBC launches China's first wine trust |
| BEIJING, July 15 -- China's largest bank has launched the country's first wine trust project, in the hope that alternative investments may prove to be fruitful amid the sluggish global capital market.
The trust was initiated by the Industrial and...... (7/15/2008 8:46:17 AM) |
| Better stock performances expected in Q2 |
| Mainland stocks are down, but the second-half performance is likely to improve moderately, experts say.
The shares' price-to-earnings (PE) ratio and price-to-book (PB) have dropped to a reasonable level, according to a recent report released by...... (7/14/2008 5:22:00 PM) |
