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China summons reformer to tackle banking woes

BEIJING, Feb 25- Guo Shuqing, who is stepping down as governor of Shandong province to take control of China's banking regulator, returns to Beijing at a decisive moment for the country's financial system following years of breakneck economic growth. For Guo, highly regarded as one of China's most experienced financial services professionals, returning to...

Source: Reuters

UPDATE 2-China's coal imports from North Korea ease after sanctions

BEIJING, Feb 24- China's coal imports from North Korea eased last month after new U.N. Security Council sanctions curbing the isolated country's sales abroad came into effect, while Russia, Mongolia, Australia and Indonesia raised shipments, data showed on Friday. Chinese Foreign Ministry spokesman Geng Shuang said he had not seen the latest figures, but that...

Source: Reuters

UPDATE 1-China's coal imports from North Korea ease after sanctions

BEIJING, Feb 24- China's coal imports from North Korea eased last month after new U.N. Security Council sanctions curbing the isolated country's sales of the fuel abroad came into effect, as Russia, Mongolia, Australia and Indonesia raised shipments, data showed on Friday. North Korea was China's biggest supplier last year of high-grade anthracite coal, used...

Source: Reuters

EXCLUSIVE-China considers faster IPO approval to lure large tech deals -sources

The sources said companies being considered for the shortcut could include Alibaba Group's Ant Financial affiliate, the world's most valuable financial technology company; Zhong An Online Property and Casualty Insurance, and security software maker Qihoo 360 Technology Co.. China has been losing out to the New York Stock Exchange and Nasdaq on key...

Source: Reuters

Mongolian coal miners bet on One Belt, One Road to feed demand

Coal miners operating in Mongolia are betting on China's massive "One Belt, One Road" program to access new markets.

Source: CNBC.com

The outlook for coal prices

David Paull, MD of Aspire Mining, says commodity prices are driving the investment propositions for Mongolia.

Source: CNBC.com

Beijing banned North Korean coal, and traders are scrambling

A surprise announcement from Beijing last weekend that it had banned coal imports from North Korea is causing a fracas in China’s coal market.

Source: CNBC.com

RPT-COLUMN-China's North Korea import ban the latest gyrating coal policy: Russell

LAUNCESTON, Australia, Feb 20- Coal markets could be forgiven for feeling slightly confused about the recent signals coming out of top importer China, with both bullish and bearish developments in evidence. China said on Feb. 18 that it will suspend all imports of coal from its nuclear-armed neighbour North Korea until Dec. 31, a move that, if implemented, would...

Source: Reuters

COLUMN-China's North Korea import ban the latest gyrating coal policy: Russell

LAUNCESTON, Australia, Feb 20- Coal markets could be forgiven for feeling slightly confused about the recent signals coming out of top importer China, with both bullish and bearish developments in evidence. China said on Feb. 18 that it will suspend all imports of coal from its nuclear-armed neighbour North Korea until Dec. 31, a move that, if implemented, would...

Source: Reuters

IMF agrees terms for $5 billion loan to debt-ridden Mongolia

ULAANBAATAR, Mongolia— The Mongolian government and envoys from the International Monetary Fund said Sunday that they and other partners have agreed on terms for a more than $5 billion loan package to the north Asian country to help get its economy back on track. The Asian Development Bank, World Bank, Japan and South Korea are together expected to provide up to...

Source: The Associated Press