It’s anyone’s guess how the People’s Bank of China governor will navigate the many shocks the former and future U.S.
China's 12 trillion yuan debt swap program is set to pressure banks' net interest margins while helping lenders conserve ...
China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been ...
22 Dec 2023 - 7:30PM Bank of China completes cross-border settlement for metals trading using e-CNY China has been expanding the use of its sovereign digital currency in cross-border businesses ...
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 ...
U.S. prosecutors aim to recover $40 million in bribes allegedly paid by Sam Bankman-Fried to Chinese officials. The bribe was ...
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 ...
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 ...