Pete Sweeney

China looking into Bank of China money laundering allegations: Xinhua

August 25, 2021 at 6:25 a.m.

SHANGHAI (Reuters) - China's central bank is looking into allegations by a state broadcaster that Bank of China, the country's fourth largest lender, has been laundering money offshore for clients,...

China central bank warns against same-day stock trading

August 25, 2021 at 4:25 a.m.

SHANGHAI (Reuters) - The People's Bank of China (PBOC) warned against implementing a same-day trading system for mainland stocks on Tuesday, as securities regulators consider how best to protect retail...

Deadbeat Chinese shipyards stick banks with default bill

August 25, 2021 at 3:44 a.m.

SHANGHAI (Reuters) - Chinese banks are stuck in a lose-lose legal battle between domestic shipyards and foreign buyers over billions of dollars in refund guarantees that are supposed to be...

Near-bankrupt Chinese property firm offers lesson in lending risks

November 4, 2021 at 1:35 a.m.

FENGHUA, China (Reuters) - To understand why many of China's small property developers are struggling, look no further than Zhejiang Xingrun Real Estate. The once little-known regional developer is now...

Near-bankrupt Chinese property firm offers lesson in lending risks

September 9, 2018 at 6:59 a.m.

In doubling yuan trading band, China aggravates foreign investor concerns

November 4, 2021 at 1:26 a.m.

SHANGHAI (Reuters) - The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalization, but it is aggravating concerns among...

In doubling yuan trading band, China aggravates foreign investor concerns

December 23, 2018 at 10:51 p.m.

SHANGHAI (Reuters) - The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalization, but it is aggravating concerns among...

China doubles yuan trading band, seen as sign of confidence

December 23, 2018 at 10:50 p.m.

SHANGHAI (Reuters) - China's central bank loosened its grip on the yuan on Saturday by doubling the daily trading range for the currency, adding teeth to a promise it would...

Analysis: China nears moment of truth on IPO reform: crash or recovery?

August 24, 2021 at 11:25 p.m.

SHANGHAI (Reuters) - China's plan to build confidence in domestic stock markets, and turn around their reputation as financial casinos, will depend on a regulatory gamble paying off next year....

Impounded Chinese cruise ship released, bond paid after passengers flown home

August 24, 2021 at 8:15 p.m.

SEOUL/SHANGHAI (Reuters) - A Chinese cruise boat impounded in South Korea over a commercial dispute with another Chinese firm was due to be released and depart on Monday, an official...

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