BEIJING, May 11 (Xinhua) — JPMorgan Chase\’s recent acquisition of First Republic Bank, which marks the latest fallout from the U.S. banking turmoil, might relieve U.S. regulators. But it failed to qu
Tag: Monetary
Macao\’s new residential mortgage loans rise 56.5 pct in March
MACAO, May 11 (Xinhua) — The new approvals of Macao\’s residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both increased month-on-month in March, the special administrative reg
Macao\’s broad money supply rebounds in March
MACAO, May 5 (Xinhua) — Macao\’s broad money supply rebounded by 1.5 percent month on month to 726.8 billion patacas (about 89.9 billion U.S. dollars) in March, the special administrative region\’s (SA
Key CPC meeting stresses real economy as focus of modern industrial system
Lujiazui area in Shanghai Photo:Xinhua
A key meeting held Friday by the top decision-making body for China\’s financial affairs has called for speeding up the construction of the country\’s modern indus
Macao\’s forex reserves drop to 26.6 bln USD by March
MACAO, April 14 (Xinhua) — The preliminary estimate of Macao\’s foreign exchange reserves amounted to 215.1 billion patacas (about 26.6 billion U.S. dollars) at the end of March, the Macao Special Adm
Macao\’s new residential mortgage loans fall 15.5 pct in February
MACAO, April 12 (Xinhua) — The new approvals of Macao\’s residential mortgage loans (RMLs) fell whereas those of commercial real estate loans (CRELs) rose month-on-month in February, the special admin
Abuse of hegemony is why de-dollarization is trending
Market expectations for the Federal Reserve to end interest rate hikes have picked up as core inflation data in the United States has dropped and the University of Michigan\’s consumer confidence index
Global trade growth to slow to 1.7 pct in 2023: WTO report
This aerial photo shows a cargo ship departing from the Yantai Port in Yantai, east China\’s Shandong Province, Jan. 9, 2023.(Photo by Tang Ke/Xinhua)
According to the report, global trade growth shoul
Macao\’s broad money supply retreats in February
MACAO, April 4 (Xinhua) — Macao\’s broad money supply retreated by 1.1 percent month on month to 716.1 billion patacas (about 88.5 billion U.S. dollars) in February, the special administrative region\’
Li: Economy enjoys solid foundations
This aerial photo taken on March 24, 2023 shows the Boao Forum for Asia (BFA) International Conference Center in Boao, South China\’s Hainan province. [Photo/Xinhua]Premier Li Qiang expressed his optim