
Amanda Wang
Articles
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2 months ago |
bloomberg.com | Jenni Marsh |Amanda Wang |Jinshan Hong
As the leaders of Canada and Mexico rushed to respond after Donald Trump started a new trade war, Chinese President Xi Jinping took a breath before his nation announced any concrete retaliation. Following through on a threat made after he won the presidency, Trump on Saturday imposed a blanket 10% levy on China, and 25% duties on both Canada and Mexico, over their alleged failure to prevent undocumented migrants and illegal drugs pouring into the US.
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Aug 29, 2024 |
news.bloomberglaw.com | Argin Chang |Betty Hou |Amanda Wang
Taiwan’s Financial Supervisory Commission is taking steps to reduce the burden of life insurers’ foreign-exchange hedging costs, which have risen because of the wide gap between local and US interest rates. The island’s insurers will be allowed to apply to increase FX volatility reserves from other reserve pools, the FSC’s Insurance Bureau Deputy Director General Tsai Huo-yen said at a briefing Thursday in Taipei.
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Aug 29, 2024 |
bnnbloomberg.ca | Argin Chang |Betty Hou |Amanda Wang
(Bloomberg) -- Taiwan’s Financial Supervisory Commission is taking steps to reduce the burden of life insurers’ foreign-exchange hedging costs, which have risen because of the wide gap between local and US interest rates. The island’s insurers will be allowed to apply to increase FX volatility reserves from other reserve pools, the FSC’s Insurance Bureau Deputy Director General Tsai Huo-yen said at a briefing Thursday in Taipei.
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Jul 21, 2024 |
bloomberg.com | Charlie Zhu |Amanda Wang
China will improve its supervision mechanism for the $66 trillion financial sector and regulate all sorts of financial activities, according to the ruling Communist Party’s long-term plan for the world’s second-largest economy. The government will formulate financial law to strengthen regulatory responsibilities and accountability, according to a document published by the official Xinhua News Agency on Sunday.
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May 31, 2024 |
bloomberg.com | Charlie Zhu |Amanda Wang |Emma Dong
China’s market regulator vowed to press ahead with a probe into “intermediary agencies” involved in an alleged fraud by China Evergrande Group. The China Securities Regulatory Commission on Friday formally announced it will impose a 4.18 billion yuan ($577 million) fine on Evergrande’s onshore unit Hengda. The regulator cited the unit’s fraudulent bond issuance and violations on information disclosures, according to a statement.
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