TOKYO, March 14 (Xinhua) — The Japanese government on Tuesday said it would keep a close eye on financial institutions here following the collapse of two major U.S. banks which sent a shock wave arou
Tag: Banking
Bright future seen ahead for Sino-Greek shipping cooperation
This aerial photo taken on Feb. 15, 2019 shows a container ship of the COSCO Shipping approaching Piraeus port, Greece. (Xinhua/Wu Lu)The Chinese-invested Piraeus port is now an integrated internation
China\’s insurance sector maintains adequate solvency
BEIJING, Feb. 26 (Xinhua) — China\’s insurance sector maintained steady operation and adequate solvency in the last quarter of 2022, the country\’s banking and insurance regulator said.The average comp
China drafts guideline for financial support in house rental
BEIJING, Feb. 25 (Xinhua) — China has drafted a guideline to regulate financial support for the house rental market and started soliciting public opinion.The guideline was jointly drafted by the Peop
Over 24 mln individual pension accounts opened in China
BEIJING, Feb. 26 (Xinhua) — More than 24 million individual pension accounts have been opened since China announced the implementation of its private pension plan to supplement the country\’s old-age
China\’s insurance sector maintains adequate solvency
BEIJING, Feb. 26 (Xinhua) — China\’s insurance sector maintained steady operation and adequate solvency in the last quarter of 2022, the country\’s banking and insurance regulator said.The average comp
HKMA says to continue to focus on asset quality in 2023
HONG KONG, Feb. 17 (Xinhua) — The Hong Kong Monetary Authority (HKMA) said on Friday that in 2023, it plans to conduct health checks on exposures to credit non-bank financial institutions, and contin
China\’s insurance sector sees total assets amounting to 27.1 trln yuan
BEIJING, Feb. 15 (Xinhua) — The total assets of China\’s insurance sector amounted to 27.1 trillion yuan (3.97 trillion U.S. dollars) at the end of 2022, official data showed Wednesday.This figure was
China strengthens management over financial asset risks
BEIJING, Feb. 11 (Xinhua) — Chinese financial authorities unveiled new measures Saturday to strengthen management over financial asset risks at commercial banks.The document, jointly released by the