WASHINGTON, Jan 26 (Reuters) – U.S. Treasury Secretary Timothy Geithner is in the eye of a political storm as he tries to deflect congressional inquiry into his role in bailing out insurer AIG and battle a perception that his influence is diminishing.
Financial Regulatory Forum
By Victoria Bi and Karen Yeung
SHANGHAI, Jan 26 (Reuters) – Fears of more Chinese policy tightening spooked global markets on Tuesday after Beijing ordered some banks to comply immediately with a planned increase in reserves and a report suggested earlier attempts at curbing lending had failed.
By Wei Gu
HONG KONG, Jan 25 (Reuters Breakingviews) – Hedge funds watching China’s markets are licking their lips at what they see as the best shorting opportunity since Enron. But while plans to allow short-selling are imminent, this won’t be a bear’s picnic. Beijing’s plans to allow two-way equity bets will give foreigners little chance. Borrowing individual stocks will be tricky, even for locals.
BEIJING/SHANGHAI, Jan 15 (Reuters) – China’s securities regulator is seeking to set a high bar on allowing ordinary investors to trade the country’s new financial instruments such as stock index futures, it revealed on Friday.
By Lee Chyen Yee and Langi Chiang
HONG KONG/BEIJING, Jan 14 (Reuters) – China is determined to
curb sharp rises in property prices to prevent asset bubbles,
deploying a combination of credit tightening measures, increasing
supply of affordable housing and verbal suasion. (more…)
By Langi Chiang and Ken Wills
BEIJING, Jan 13 (Reuters) – China renewed its vow to curb runaway property prices and keep a watch on excessive lending, while investors rushed to cut exposure to risk on Wednesday, a day after the central bank tightened bank reserve requirements.
By Zhou Xin and Jason Subler
BEIJING/SHANGHAI, Jan 8 (Reuters) – China has approved in principle the launch of stock market index futures as well as short selling and margin trading of stocks, the stock regulator said on Friday, giving investors badly needed hedging tools.
By Alison Leung
HONG KONG, Dec 30 (Reuters) – Hong Kong’s pending acceptance of Chinese accounting standards will mark an important advance in Beijing’s drive to globalise its financial sector, but could also challenge international investors with reports prepared by an industry prone to scandal.