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Bank of China Manila designated as Philippines’ RMB clearing bank

BANK OF CHINA Manila has been named as the clearing bank for renminbi (RMB) business in the Philippines, the lender said in a statement on Wednesday.

Bank of China Manila partners with Prudential Guarantee

Bank of China Manila and Prudential Guarantee and Assurance, Inc., the largest nonlife insurance firm in the Philippines, recently signed a memorandum of understanding to explore opportunities for cooperation and collaboration of their businesses.

China bond traders boost leverage

CHINESE bond traders ramped up their leverage to a record high in August, and that could be catching the central bank’s attention.

China’s central bank injects net 203.5 billion yuan with hefty one-year...

SHANGHAI — China’s central bank lent 463 billion yuan ($72.43 billion) to financial institutions on Wednesday via its 1-year medium-term lending facility (MLF), with interest rates unchanged, it said in a statement.

Philippines taps Bank of China for panda bonds

THE Philippine government has tapped the Bank of China in its bid to get China’s approval of a plan to raise $200 million from...