China's new deposit rate reform to have limited impact on banks, depositors: Industry body
BEIJING: China's reform on banks calculating deposit rates will have only a limited impact on financial institutions and depositors, and banks do ...
BookmarkBEIJING: China's reform on banks calculating deposit rates will have only a limited impact on financial institutions and depositors, and banks do not need to sharply adjust deposit rates, the interest rate self-regulation body said on Monday.
Ceilings on banks' time deposit rates with maturities of six months or less have risen following the reforms, while ceilings on banks' deposit rates with maturities of more than one year have declined, the body said. Read more: CNA »
‘Serious incident’ at River Valley High School involving Sec 1 boy; Sec 4 male student assisting with police investigations
China fossils show new species of extinct giant rhino that roamed AsiaFossils found in northwest China's Gansu province indicate a new species of giant rhino that lived more than 26 million years ago, according to a paper published in the journal Communications Biology on Thursday. The fossils including a skull and two vertebrae found in the reddish-brown sandstone of the Linxia basin shed light on how the ancient rhinos, some of the largest land mammals ever, evolved and moved across what is now Asia. The dispersal of giant rhino fossils - others have been found on the far side of the Himalayas in Pakistan - indicate 'Tibet, as a plateau, did not yet exist and was not yet a barrier to exchange of largest land mammals,' the paper said.
Roxanne Tong Says She's Sure Kenneth Ma Won’t Cheat On Her When He’s Working In ChinaThat translated as plausibility...
Behind Airbus-Boeing truce lies a common rival: ChinaWhile the United States and Europe waged a 17-year trade battle over subsidies to Boeing and Airbus, China poured money into its own commercial ... Technologieklau
Taiwan to 'adjust' Hong Kong office operations in 'one China' rowTaiwan will 'adjust' the operations of its representative office in Hong Kong after the government there demanded its officials sign a document ... The world's biggest bully. With Russia not too far behind. CCP will not follow the promise, not obey any agreements as they are lawless. No deal can be made w/ CCP. This is basic consent to treat CCP nowadays. Only way to rectify every wrong things they did is eliminate them & make them accountable for their crimes did in past 71 yrs HongKong gov't has no free will but to follow any practice from China. In order to show their loyalty to Beijing, HK gov't officer are willing to sell the interests of the people.
China gives one-billionth Covid shot as Brazil toll hits milestoneChina on Sunday announced it had administered its one-billionth shot in the world's biggest coronavirus inoculation drive as Brazil's death toll from the pandemic passed 500,000.
Livestream sales of luxury items are popular in China, but not Singapore. Why?Online fashion retailers Style Theory, LuxLexicon, and Vestiaire Collective cite our compact geography as one reason why luxury goods aren’t marketed more via livestreams in Singapore.