Henan Shenhuo Group Co, parent of Henan Shenhuo Coal Industry and Electricity Power Co Ltd<000933>, on Friday announced that it will issue 365-day financing bills on the interbank market on Oct. 21, sources reported.The company hopes to raise up to RMB 500 million through the issuance.The...
* C.bank will sell 200 bln yuan special bills this week * PBOC soften earlier punitive terms, raises yield * But market still sees move as warning on excess lending (Recasts with details, analysis) SHANGHAI,...
China sold off $25.1 billion worth of US Treasury bills in June to bring its holdings to $776.4 billion, according to data released yesterday by the US Treasury Department. The June figure represented a 3 percent decline from the $801.5 billion in May, the biggest sell-off since June 2008, the tr...
The People's Bank of China, the central bank, will issue RMB 45 billion worth of one-year bills to Bank of China<601988><3988>, the country's largest foreign exchange lender, due to BOC's explosive lending in the first half, sources reported on Friday.The sources said that BOC will pay the bills in September....
China鈥檚 central bank has issued short term bills worth nearly 100 billion yuan to many commercial banks and required them to pay for them in the middle of September as a way to punish them for their excessive injection of credits into the market, according to the China Securities on July 24. Th...
WASHINGTON, June 18 - The U.S. Senate on Thursday rejected an attempt to strip a $1 billion program aimed at spurring flagging U.S. car sales from a pending $106 billion war funding bill. The Senate...
* Gregg says will seek amendment "at appropriate time" * Stabenow: "clunkers" measure must pass to help industry * Votes on bill expected as early as Thursday (Recasts, adds details, Stabenow comments) WASHINGTON, June 17...
United States Department of Agriculture Secretary Ed Schafer has stopped short of saying the 2008 Farm Bill needs to be re-opened when discussing trade issues...
Farmers in Sichuan Province learn about the subsidies for home appliances. Photo: CFP By Tu Lei The national rural home appliance push meant to boost country lifestyles and the overall economy as part of China's national stimulus package has slowed after a fast start. The four-year project began...
The launch of China's first big bond default insurance firm may not immediately lead to an expansion of corporate debt issues, but it will likely support the market that faces concerns over future inflation and monetary tightening in the longer term. The new firm, which was launched Monday to ins...