News

New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as ...
by issuing new shares amid a broad market sell-off. The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on ...
Bank of Communications said it will sell shares of as much as 120 billion yuan, and Postal Savings Bank of China will raise up ... more fiscal resources to fend off deflationary pressures and ...
The "sell America" trade was in full swing as investors kicked off the week on ... Social that the central bank head is a "major loser" who has taken too long to cut interest rates.
Some analysts, including Zhou Shilei, director of the global financial market department at UOB (China), expect an imminent cut to the ... TSF includes off-balance-sheet forms of financing that exist ...
Despite the slowdown, some banks are raising savings rates ... some analysts believe the bank may still proceed with a rate cut in May. March inflation came in lower than expected, potentially ...
We are exclusively reporting that the U.S. plans to use reciprocal tariff negotiations with more than 70 countries to ask them to help isolate China in ... more than 6% in off-hours trading ...
The four commercial banks -- Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China -- published their plans through the Shanghai Stock Exchange.
As the Fed tries to finally bring down inflation without setting off a recession ... rate cut. Banks responded at once. Bask Bank, for instance, dropped the rate on its savings account from ...
European stock markets pared losses to close nearly flat on Thursday following the European Central Bank's decision to cut interest rates ... 100 fell 0.42%, coming off a five-session winning ...