China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been ...
"Besides, banks' earnings will benefit from lower provision expenses after the swap." Chinese banks face margin pressures as the People's Bank of China maintains an easing stance to support the ...
U.S. prosecutors aim to recover $40 million in bribes allegedly paid by Sam Bankman-Fried to Chinese officials. The bribe was ...
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to ...
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
China's central bank has injected 500 billion yuan ($70.24 billion) into its banking system during October through a new ...
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] BEIJING - China will steadily promote institutional opening-up of the financial ...
The Bank for International Settlements said on Thursday it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evolve at a time ...
China’s central bank injected $70 billion worth of cash into money markets this month via a newly established policy tool, in a step to ease liquidity stresses in the fragile economy and encourage ...
As China Construction Bank's London branch reached a cumulative renminbi clearing value surpassing 100 trillion yuan ($13.8 ...
China's stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank adviser, said in remarks ...
The Bank of China is on track to establish its first branch in Papua New Guinea's capital, Port Moresby. The move is being watched closely by the Australian government, which is wary of how ...