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UnionPay International collaborates with Indonesia's ALTO transfer network to enhance the cross-border payment experience between China and India

UnionPay International announced on September 24th that it has signed a cooperation agreement with the Indonesian transfer network ALTO in Shanghai. According to the agreement, both parties will open ...
Finance 2024-09-25
Central Bank: Reduce reserve requirement ratio and policy interest rate

On the 24th, the State Council Information Office held a press conference on financial support for high-quality economic development. At the meeting, Pan Gongsheng, governor of the People's Bank of Ch ...
Finance 2024-09-24
Public and private fundraising to overseas markets, frequent search for "financial owners", foreign investment returning to A-share market is gradually showing signs

Recently, domestic public and private equity institutions have turned their attention to overseas markets. Multiple large public fund companies frequently communicate and negotiate with overseas asset ...
Finance 2024-09-23
Xinjiang officially releases coal price index

The reporter learned from the Energy Bureau of Xinjiang Uygur Autonomous Region that the Xinjiang Coal Trading Center recently officially released the Xinjiang Coal Price Index, and first launched fiv ...
Finance 2024-09-20
The Federal Reserve cuts interest rates by 50 basis points to initiate a easing cycle

The Federal Reserve announced on the 18th that it will lower the target range for the federal funds rate by 50 basis points, to a level between 4.75% and 5.00%. This is the first interest rate cut by ...
Finance 2024-09-19
RMB loans increased by RMB 14.43 trillion in the first 8 months

On September 13, the People's Bank of China released the financial statistics report for August 2024. According to the report, as of the end of August, the balance of broad money (M2) was 305.05 ...
Finance 2024-09-18
Establish a sound mechanism, optimize the environment, care for insurance funds, and be a friend of time

The latest data shows that the total assets of the insurance industry have exceeded 33 trillion yuan, and the balance of insurance fund utilization is about 30 trillion yuan. For the insurance industr ...
Finance 2024-09-14
Last year, the total contract amount for the transformation of scientific and technological achievements in universities exceeded 200 billion yuan

The accelerated transformation of "golden" scientific and technological achievements by landing students (economic focus). Last year, the total contract amount for the transformation of scie ...
Finance 2024-09-12

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