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Why Mumbai lost out to Shanghai as HQ of BRICS bank

Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank’s base in......

Amid strained ties, India, Pakistan revive 'Track II diplomacy'

The Indian side, led by former foreign ministry secretary Vivek Katju and included well-known educationist J S Rajput and other experts, met ex-Pakistan foreign secretary Inamul Haque.   A......

Modi, Xi ready to take the great leap forward

'India stands to gain immensely by forging a developmental partnership with China.''While through sustained strategic communication there is scope to steadily expand the commonality of interests......

Mending fences with China begins

'Significantly, Foreign Secretary Gokhale was received at very high level in Beijing.''It only shows China's keenness to move forward and put the relationship on a 'win-win' footing,' says......

Need to respect sovereignty in connectivity projects: PM at SCO

In an oblique reference to China's Belt and Road Initiative, Prime Minister Narendra Modi on Friday cautioned against rolling out connectivity projects without respecting sovereignty and......

BRICS Bank's first loan will be in Chinese currency: Kamath

The NDB opened in Shanghai on July 21 to finance infrastructure projects The first loan to be issued by the $100 billion New Development Bank of the five-nation BRICS bloc in April next year would......

What is the purpose of the BRICS Bank?

The fact that the Indian government has allowed the bank to be headquartered in Shanghai merely underlines the fact that this will be a largely Chinese enterprise.  With the announcement at......

HSBC eyes banking biz beyond metros

Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.“Several Indian companies are becoming......

ICICI Bank, HSBC start expanding credit card base

After almost four years, ICICI Bank and Hongkong and Shanghai Banking Corp (HSBC) have started expanding their credit card base. The duo, once the most aggressive credit card players in the......

Without branches, HSBC may call off RBS deal

Hongkong and Shanghai Banking Corporationis not likely to buy the retail and commercial banking businesses of Royal Bank of Scotland in India if it does not get the majority of the latter's......
  Web results for Shanghai Bank
China to aid cross-border yuan flows ahead of MSCI inclusion

SHANGHAI (Reuters) - China's central bank announced a series of measures on Friday to support cross-border fund flows, in an apparent effort to... ...

http://www.business-standard.com/article/reuters/china-to-aid-cross-border-yuan-flows-ahead-of-msci-inclusion-118051800881_1.html
Stocks nosedive in nervous trade; Karnataka, crude oil offer little respite

Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility Equity benchmarks nursed... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-may17/20180517.htm
Sensex Opens on a Negative Note; Banking Stocks Witness Selling

Posted by Equitymaster Asian shares are trading on a negative note today. The Nikkei 225 is down 0.2% while the Hang Seng is down 0.1%. The... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/65uuOBwJUXM/tm.asp
China opens world's first human-free branch

A police patrol robot at Zhengzhou East railway station. Xiao Long, the latest employee at the Jiujiang Road branch of the China Construction Bank... ...

https://www.msn.com/en-in/news/techandscience/inside-shanghais-robot-bank-china-opens-worlds-first-human-free-branch/ar-AAxi4Cp?srcref=rss
Sensex Up Over 340 Points as BJP Leads Karnataka Elections

Posted by Equitymaster Asian shares are lower today as Japanese and Hong Kong shares show losses. The Nikkei 225 is down 0.1% while the Hang Seng... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/VHXvKXMDB3g/tm.asp

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