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China’s central bank added 1 trillion yuan ($139 billion) of three-month funds into markets on Friday, following a surprise ...
Former Bank of China executive Wang Yongli warned the rise of USD stablecoin threatens China’s monetary position and urged ...
Citigroup said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit ...
China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright ...
But the question of who lends to whom on China’s high street is not straightforward. In the West, retailers extend credit to ...
South Korea’s central bank cut its policy rate in a widely expected move to support the country’s sagging economy.
South Korea continued to grapple with heightened political uncertainty following the botched attempt by former leader Yoon ...
[BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two sources with knowledge of the matter said. Liu, who ...
The CEOs of JPMorgan and Bank of America are resisting a demand by US lawmakers to withdraw from underwriting this week’s $4 billion IPO for a China-based Hong Kong electric car battery company ...
Mumbai: Late last month, HDFC Bank’s market valuation crossed ₹15 trillion, a landmark so far achieved only by Reliance Industries and Tata Consultancy Services. The record came after its ...
HSBC subsidiary Hang Seng Bank appointed Gilbert Lee Man-lung, the eldest son of Hong Kong Chief Executive John Lee Ka-chiu, as deputy head of its China unit. The lender said that it would promote ...
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...
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