Back

China's central govt-owned firms should strictly control debt investments: Regulator - Reuters

Comments from China State Asset Regulator are crossing the wires via Reuters: 

  • Centrally-owned SOEs should strictly control debt investments, high-risk businesses in global operations
  • Centrally-owned SOEs have cut 16 mln tonnes of steel capacity, 62 mln tonnes of coal capacity so far
  • Centrally owned-firms should invest more in forward-looking industries
  • Centrally-owned SOEs to raise money via public listing, mixed-ownership reforms to capitalize traditional industries
  • Centrally-owned SOEs' overseas investments account for 60 pct of China's non-financial outbound direct investments

 

GBP/USD looking for the 1.43 handle as the week opens risk-on

The GBP/USD is tending towards the high side in the early week's action, pushing into 1.4265 ahead of the European markets.  Last week's run-up in ma
Leia mais Previous

GBP/NZD set to test 2.00 this week - Barclays

The Barclays Research Team is out with its trade recommendation at the start of this week, advising going long GBP/NZD. Key Quotes: “Apart from the
Leia mais Next