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onshore

Exclusive-China’s state banks act to stem yuan slide onshore and offshore -sources

January 5, 2024 by Reuters
Exclusive-china's state banks act to stem yuan slide onshore and offshore -sources - photo licensed by shore news network.

SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four … Read more

Categories In the News

South Korea to allow foreign financial firms to trade won onshore

September 25, 2023September 25, 2023 by Reuters
South korea to allow foreign financial firms to trade won onshore - photo licensed by shore news network.

SEOUL (Reuters) – South Korea said on Tuesday it will begin accepting applications starting Oct. 18 from foreign financial institutions for permits to participate in … Read more

Categories Business News

Country Garden wins approval to extend another onshore bond

September 18, 2023 by Reuters
Country garden wins approval to extend another onshore bond - photo licensed by shore news network.

HONG KONG (Reuters) – Embattled Chinese developer Country Garden has won approval from creditors to extend repayment on another onshore bond, the last in the … Read more

Categories Business News

Country Garden set to open up 5.6% after deal to extend onshore bond payment

September 3, 2023 by Reuters
Country garden set to open up 5. 6% after deal to extend onshore bond payment - photo licensed by shore news network.

(Reuters) – Shares of Country Garden Holdings Co Ltd were set to open up 5.6% on Monday after the embattled Chinese developer won approval from … Read more

Categories Business News

Some onshore creditors of Country Garden private bond receive interest payments – sources

September 1, 2023September 1, 2023 by Reuters
Some onshore creditors of country garden private bond receive interest payments - sources - photo licensed by shore news network.

HONG KONG (Reuters) – Some onshore creditors of embattled Chinese property developer Country Garden’s private bond have received interest payments, sources told Reuters on Friday. … Read more

Categories Business News

Country Garden seeks to add 40-day grace period to onshore bond repayment

August 29, 2023August 29, 2023 by Reuters
Country garden seeks to add 40-day grace period to onshore bond repayment - photo licensed by shore news network.

BEIJING (Reuters) – China’s largest private property developer Country Garden Holdings is seeking to add a 40-day grace period for the repayment of a 3.9 … Read more

Categories Business News

Siemens Gamesa has fix for onshore wind turbine problem

August 11, 2023August 11, 2023 by Reuters
Siemens gamesa has fix for onshore wind turbine problem - photo licensed by shore news network.

FRANKFURT (Reuters) – Siemens Energy has fixed quality issues at onshore wind turbines it is currently selling to customers, the CEO of the group’s wind … Read more

Categories Business News

Indonesia to make it less painful for exporters to keep earnings onshore -official

July 26, 2023July 26, 2023 by Reuters
Indonesia to make it less painful for exporters to keep earnings onshore -official - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their earnings onshore, after business groups … Read more

Categories Business News

Evergrande’s $1.2 billion onshore bondholders to vote on offshore restructuring plan on Wed

April 24, 2023 by Reuters
Evergrande's $1. 2 billion onshore bondholders to vote on offshore restructuring plan on wed - photo licensed by shore news network.

HONG KONG (Reuters) – China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond worth 8.2 billion yuan ($1.19 … Read more

Categories Business News

Indonesia formulates incentives to keep FX earnings onshore – minister

January 25, 2023 by Reuters
Indonesia formulates incentives to keep fx earnings onshore - minister - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia is formulating incentives for exporters to keep their foreign exchange earnings onshore for at least three months, the chief economics minister … Read more

Categories Business News

Indonesia to make exporters hold FX earnings onshore for 3 months -media

January 25, 2023 by Reuters

JAKARTA (Reuters) – Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local banking industry for three months, … Read more

Categories Business News

Exclusive-Evergrande eyes onshore assets as sweetener for offshore debt restructuring -sources

November 17, 2022 by Reuters
Exclusive-evergrande eyes onshore assets as sweetener for offshore debt restructuring -sources - photo licensed by shore news network.

By Clare Jim HONG KONG (Reuters) – Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for … Read more

Categories Business News

Siemens Gamesa to replace head of struggling onshore wind unit – memo

October 5, 2022 by Reuters
Siemens gamesa to replace head of struggling onshore wind unit - memo - photo licensed by shore news network.

By Isla Binnie (Reuters) – Struggling wind turbine maker Siemens Gamesa will replace the head of its onshore unit due to recent financial losses that … Read more

Categories US and World News

Julius Baer enters onshore China market with GROW partnership

September 21, 2022 by Reuters
Julius baer enters onshore china market with grow partnership - photo licensed by shore news network.

ZURICH (Reuters) -Julius Baer is making a low-double-digit-million dollar equity investment in GROW, a China-based domestic asset management company, as part of a strategic alliance, … Read more

Categories US and World News

China Evergrande gains six-month extension for Hengda onshore coupon payment

April 27, 2022 by Reuters
China evergrande gains six-month extension for hengda onshore coupon payment - photo licensed by shore news network.

HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said its creditors have approved a six-month extension of a 574 … Read more

Categories Financial News

LS Power Grid Unveils Plans to Connect Offshore Wind Power into New Jersey’s Onshore Electrical Grid

March 23, 2022 by Your News
Ls power grid unveils plans to connect offshore wind power into new jersey's onshore electrical grid - photo licensed by shore news network.

NJ-Based Company’s Proposals are at least $1 Billion Less Than Competitors Superior Technology, Planning Will Strengthen NJ’s Aging Electrical Grid Significant Benefits for State Economy, … Read more

Categories Business News

China Evergrande meets onshore bondholders over delayed coupon payment

March 18, 2022 by Reuters
China evergrande meets onshore bondholders over delayed coupon payment - photo licensed by shore news network.

HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said it will meet onshore bondholders on Friday and Saturday to … Read more

Categories Financial News

China developer Yango, investors agree to delay onshore coupon payment -source

February 9, 2022 by Reuters
China developer yango, investors agree to delay onshore coupon payment -source - photo licensed by shore news network.

BEIJING – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan ($6.29 million) onshore coupon payment by … Read more

Categories Business News
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