Finance

Finance

Shanghai stocks rebound on news of faster 5G commercialization

Shanghai stocks rebounded on Friday, led by gains in telecommunication shares after China's top ministry said it will further accelerate the commercialization of 5G.
Finance

Shanghai Pilot Free Trade Zone issues new preferential policies for foreign financial institutions

The new rules are part of the FTZ's latest effort to further liberalize the economy and widen the opening-up of its financial sector.
Finance

Shanghai shares fall amid worries over rising China-US trade tensions

Lingering worries over the matter cloud investor appetite, and China will take comprehensive action to protect the country's interests.
Finance

Funding costs for small firms to be eased

China will work to ease the financing strain and high funding costs for small companies amid continued efforts to cut costs in the real economy.
Finance

Shanghai shares rebound after PBOC injected funds into market

Investors also cheered by PBOC governor's words that China has strong fundamentals and can cope with external shocks. 
Finance

China to raise income tax threshold

China is considering raising the personal income tax threshold to 5,000 yuan (US$772) per month – 60,000 yuan a year – from the current 3,500 yuan, according to a draft amendment.
Finance

Shanghai shares tumble 3.8% on rising trade tension between China and US

China's response is to firmly safeguard the interests of the nation and free trade system, says a statement on the commerce ministry's  official website.
Finance

PBOC vows to support Shanghai's development

Yi Gang, governor of the People's Bank of China, yesterday said the central bank will support Shanghai as it opens up and reforms the financial sector.
Finance

Fed lifts rates amid stronger inflation, drops crisis-era guidance

Fed dropped its pledge to keep rates low enough to stimulate the economy "for some time" and signaled it would tolerate inflation above its 2 percent target at least through 2020.
Finance

China eases restrictions on institutional investor programs

China said on Tuesday that it would ease restrictions on foreign institutional investors in a step to open its financial market wider.
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