Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
SHANGHAI China's stock markets fell sharply on Monday, extending last week's sell-off, as the spectre of rising borrowing costs hitting company profits haunts investors amid an increasing regulatory crackdown on risky financing.
SHANGHAI/HONG KONG Creditors of Chongqing Iron & Steel Co have voted to accept a debt-for-equity swap plan to restructure nearly 40 billion yuan ($6.04 billion) in debts, sources with knowledge of the matter told Reuters on Friday, giving the state-owned enterprise some reprieve as debt-servicing costs rise.
SHANGHAI, Nov 17 Creditors of Chongqing Iron & Steel Co have voted to accept a debt-for-equity swap plan to restructure nearly 40 billion yuan ($6.04 billion) in debts, sources with knowledge of the matter told Reuters on Friday, giving the state-owned enterprise some reprieve as debt-servicing costs rise.
SHANGHAI/HONG KONG China's central bank tried to calm a nervous bond market on Tuesday with more liquidity injections, helping to steady 10-year yields following a sell-off, as anxiety deepened about a renewed crackdown on riskier lending even as the economy showed signs of slowing.
SHANGHAI China's small banks are struggling to raise funds through short-term instruments as a regulatory squeeze combines with tight liquidity ahead of the quarter-end and Golden Week holiday.
SHANGHAI China's financial futures exchange said on Friday it is cutting margin requirements and transaction fees for certain stock index futures contracts, as regulators use an ongoing equity market recovery to relax restrictions imposed during a 2015 crash.
SHANGHAI The yuan's surge this year has helped increase foreign purchases of Chinese bonds and stocks. Now Beijing appears to want to cool the currency and make it a two-way bet while still maintaining international appetites for China's assets.
SHANGHAI UBS Group's asset management unit said on Thursday it aims to launch its first Chinese private fund by the end of the year, as Europe's fourth-biggest money manager seeks a slice of China's fast-growing, 10 trillion yuan ($1.54 trillion) private fund market.
SHANGHAI/BEIJING China's central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for speculative financing.
SHANGHAI, Aug 29 Trading by offshore investors in a type of short-term debt through China's Bond Connect scheme rose sharply last week, suggesting that a strengthening yuan may be helping the two-month-old programme pick up steam after a slow start.