China’s green loans exceed $3.2 trln, central bank chief says
BOAO, China (Reuters) – China’s outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country’s total loan balance, …
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China tightens rules on $1.3 trln credit card business
SHANGHAI – China unveiled tighter rules late on Thursday to better regulate its $1.3 trillion credit card industry, urging lenders to adopt a “prudent” growth …
Manulife bids for full control of China fund JV, lured by $3.8 trln mkt -sources
By Selena Li and Samuel Shen HONG KONG/SHANGHAI -Canada’s Manulife Financial Corp moved closer toward taking full control of its funds joint venture in China …
China’s May new bank loans surge 1.89 trln yuan, much stronger than forecasts
BEIJING – Chinese banks extended 1.89 trillion yuan ($282.62 billion) in new yuan loans in May, rebounding sharply from April and beating analysts’ expectations as …
Daily FX trading volumes reach $1.86 trln in April, up 5% – CLS
LONDON – Average daily foreign exchange trading volumes in April hit $1.86 trillion, 5% higher than a year earlier as volatility shot higher and investors …
U.S. household debt nears $16 trln, but mortgage, auto loan demand wanes – NY Fed
(Reuters) – U.S. household debt rose to a record $15.84 trillion in the first quarter driven almost entirely by a $250 billion increase in home …
European green, social, sustainable bond sales could reach 1.6 trln euros in 2026 – study
By Federica Urso (Reuters) – Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making …
Russian central bank raises 1.4 trln roubles at 1-day deposit auction
– Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday …
Women workers could drive $1 trln rise in U.S. GDP – Moody’s
By Federica Urso – The U.S. economy could get a $1 trillion boost over the next 10 years if female labor market participation grew to …
Russian central bank raises limit for Friday’s repo auction to 3 trln rbls
MOSCOW – The Russian central bank on Friday said it was raising the limit at a “fine-tuning” repo auction later on Friday to 3 trillion …
‘Nobody is ready:’ Many U.S. cities lack resources to chase $1 trln infrastructure windfall
By Andy Sullivan – Erie, Pennsylvania could use a facelift. The lakefront city of 100,000 has been adding jobs and businesses downtown, but it remains …