Hints and tips:
...However, the Mate 60 Pro — which starts at Rmb 6,999, about $970 — has in the past week been flying off the shelves....
...When we're talking about their online illegal betting in the mainland, Suncity was handling bets worth 1 trillion RMB a year, which exceeded the bets that went through China's national lottery....
...It also means that Japan Inc now responds to changes in global financial conditions in unusual ways....
...The Tokyo bourse implemented its biggest overhaul in 60 years to more closely align Japan Inc’s financial and corporate governance standards with those of its western counterparts....
...After settling the MBIA case, Credit Suisse still faces a handful of other RMBS actions....
...Its FTSE Asia ex Japan Index ETF, Total China Index ETF, FTSE Asia ex Japan High Dividend Yield Index ETF and FTSE Japan Index ETF, had HK$552m, Rmb$338m ($51.6m), HK$378m and HK$219m in assets respectively...
...Filings show that at the end of last year, 60 per cent of the fund was invested in “legacy” residential mortgage-backed securities (RMBS), which were first sold to investors before the last financial crisis...
...Even then, the numbers Bernstein’s eggheads think are required to finance the company are gigantic: ...anybody making such an investment will need to be prepared to invest multiple tens of billions of RMB...
...Baidu said its pro forma operating income had fallen 54 per cent from the year before, to RMB 2.7bn ($386m), and that pro forma earnings per ADS (American Depository Shares) had slipped 17 per cent, to RMB...
...Beijing said on Tuesday that the subsidy for electric vehicles with a range greater than 400 kilometres would be cut by half to a maximum of RMB 25,000 per vehicle....
...Chinese lithium prices have fallen even more precipitously than global ones, down from RMB 165,000 tonne at the beginning of the year to RMB 83,000 a tonne currently, according to Wood Mackenzie....
...Merrill Lynch employees allegedly duped customers into overpaying by deceiving them about how much the RMBS had cost, according to the SEC’s order....
...“JD has an international profile and is part of China’s image, and [Mr Liu’s arrest] has been embarrassing for China Inc.”...
...There has been something of an issuance boom in the CLO market, which in the crisis was the smaller, less troublesome sibling of the RMBS market....
...Nomura analysts said: We expect this rebound in export growth to be short-lived and the moderation to resume in the coming months as previous RMB appreciation may weaken China’s export competitiveness,...
...After the market closed on Friday, the company reported net profit was down 20 per cent for the nine months to the end of September to Rmb1.5bn ($226m), as revenue shrank 3 per cent to Rmb 9.5bn....
...companies chase young talent (FT) Shoe designer Christian Louboutin wins ECJ case over red soles (FT) AstraZeneca and Eli Lilly scrap Alzheimer’s drug trial (FT) Merrill Lynch pays more than $15m in RMBS...
...Website | Subscribe. ©2016 Nikkei Inc. All rights reserved....
...He was convicted on Friday of one charge of securities fraud in connection with trading residential mortgage-backed securities (RMBS), a representative for the US attorney’s office in Connecticut said....
...would have a profound influence, with passive managers obliged to take on A-share exposure for the first time, while active managers seek out the best Chinese stocks, says Caroline Owen, chief executive of RMB...
...“To sum this up in one word, I would say it is monumental,” says Caroline Owen, chief executive of RMB Global Advisors, a New York-based advisory firm....
...The Qualified Foreign Institutional Investor (QFII) scheme and the RMB Qualified Foreign Institutional Investor (RQFII) scheme, introduced in 2002 and 2011 respectively, allow direct access to China’s capital...
...Mr Chin joined Goldman as an analyst in 2003, and became the bank’s most active RMBS trader by late 2011, according to the SEC. By the middle of 2012, he became the head of the bank’s RMBS desk....
...Here is a translation of the statement in full: On the DoJ: At no point John Cryan has asked Chancellor Merkel to intervene in the RMBS issue with the US Department of Justice....
...We believe the PBoC has seized this opportunity of relative calm in the global financial markets to introduce greater two-way volatility in USD-RMB....
International Edition