CHICAGO, Aug 20 - While businesses across the United States slash jobs, state and local governments have actually increased employment slightly since the economic recession began in December 2007, according to a report released on...
China's Ministry of Finance (MOF) has given its approval for southwestern China's Sichuan Province to issue RMB 18 billion in local government bonds, which will account for 9% of the total planned local government bonds, according to a report issued by the Sichuan provincial government on Wednesday....
BEIJING, Feb 25 - China's local governments are already wallowing in debt even before they start issuing bonds for the first time to support Beijing's efforts to stimulate economic growth, an official newspaper reported on...
Dec. 16, 2008 (China Knowledge) - Shanghai Airlines Co Ltd<600591>, the country's fifth-largest carrier, confirms that the company is seeking capital injection from the Shanghai municipal government so as to ease its financial difficulties, sour...
China is considering permitting local governments to sell municipal bonds to help finance urban infrastructure construction, said Zhou Xiaochuan, governor of the People's Bank of China (PBOC), at a conference in Beijing on Saturday.New regulations are under discussion, said Zhou, adding that he...
China's Ministry of Finance (MOF), on behalf of three local governments, today issued RMB 12.2 billion in three-year municipal bonds at a coupon rate of 1.75%, sources reported.The coupon rate was in conformity with the expected range of 1.72% to 1.78%, dealers said. The Guangdong provincial...
HONG KONG, Nov 17 - Thailand's local bond prices extended their rally into a sixth consecutive session on Tuesday as offshore investors, betting on a further rise in the baht, boosted buying of government debt....
TAIPEI, Oct 27 - The Taiwan government said on Tuesday that it has auctioned the failed Chinfon Commercial Bank to Fubon Financial and three other local lenders, in the latest consolidation move in the fragmented...
BEIJING, Sept 30 - China will consider measures to support domestic consumption of solar cells made from local polysilicon materials, while taking international demand into consideration, the government said on late Tuesday. It did not...
ASTANA, Sept 24 - The Kazakh government plans to introduce a requirement for foreign companies working in the oil-rich Central Asian country to keep money with local banks, Prime Minister Karim Masimov said on Thursday....