China is ready to launch a deposit insurance scheme, a central bank official said Friday.
The European Central Bank decided on Thursday to keep interest rates unchanged at historically low level and was expected to announce a quantitative easing program later.
Lock-up shares worth nearly 36.88 billion yuan (6.02 billion U.S. dollars) will become eligible for trade on China’s stock markets in the coming week.
China (Shanghai) Pilot Free Trade Zone on Wednesday launched a pilot program on parallel imports of cars, which allows dealers to purchase cars directly from abroad.
France’s President Francois Hollande on Monday said Greek is free to exit from the single-currency bloc but the debt-ridden country has to respect its commitments.
The Singapore economy grew by 1.5 percent on-year in the fourth quarter of 2014, compared to 2.8 percent in the previous quarter, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Friday.
With a stagnant housing market, Beijing has increased the ceiling of housing public accumulation fund loans from 800,000 yuan (130,000 U.S. dollars) to 1.2 million yuan, local authorities announced Wednesday.
The trading value of China’s booming Peer-to-peer (P2P) platforms hit 250 billion yuan (about 41 billion U.S. dollars) for the whole of 2014, doubling 2013’s statistics, according to the Internet Society of China on Friday.
Oil prices went down Monday as markets worried that global supply would surpass demand.
South Korea’s central bank said Wednesday that it will maintain an accommodative monetary policy next year due to modest growth and low inflation.