Home / Tag Archives: China

Tag Archives: China

China Sept new yuan loans rise more than expected

SHANGHAI, Oct 14 (Reuters) – Chinese banks extended more loans than expected in September, buoyed by demand from home buyers and companies, even as the government tightened the screws to wean the economy off its years-long addiction to cheap debt. Banks extended 1.27 trillion yuan ($193.05 billion) in net new …

Read More »

Crypto-currencies’ strength becomes their weakness

Crypto-currencies’ strength becomes their weakness

NEW YORK (Reuters Breakingviews) – (Reuters Breakingviews) – One of the chief strengths of crypto-currencies is becoming their weakness. Freedom from regulation was the big draw of bitcoin, ether and their proliferating kind. But the exchanges set up to trade them often lack basic controls over identity, fraud, technology and …

Read More »