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Acrimony set aside at Tower festivities By Goeffrey Crothall This article was first published on May 18, 1990 Leaders of politics, finance and commerce from Hongkong and China conv...
China’s six largest state-owned banks are set to distribute more than 420 billion yuan (US$61 billion) in dividends for 2025, extending record-high payouts and strengthening their...
Where is global banking power concentrated? This chart ranks the world’s 50 largest banks by assets, revealing which countries dominate the global banking system.
In China, after a bank allegedly treated him rudely, a wealthy customer withdrew 5,000,000 yuan in...
The Central Bank also sold yuan on the domestic market in the amount of 4.6 bln rubles with settlements on April 10
Beijing has raised the limit on banks’ overseas lending – a move that analysts say will support Chinese firms in outbound investment expansions while helping to stabilise the yuan....
CHINA BANKING Corp.’s (Chinabank) net profit increased by 4% to P6.8 billion in the first quarter, backed by strong growth in its core businesses and stable asset quality. This tra...
Canada pitched expanding its financial services presence in the Chinese market as the northern nation aims to increase exports to its second-largest trading partner in a push to di...
This article was first published on April 8, 1986. Billion dollar brilliance by Staff Reporters The new $5.2 billion headquarters of the Hongkong and Shanghai Banking Corpn was for...
As thousands of bank branches close across China, customers are finding it increasingly harder to access their own money, raising deeper concerns about financial control, trust, an...
The recent launch of the World Data Organization in Beijing added another node to a growing network of bodies headquartered in China with international participation and cross-bord...
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.Injects 0.5bn yuan via 7-day reverse repos in open market operates today. Unchanged rate of...
Stanbic Bank Zimbabwe has demonstrated its commitment to supporting Zimbabwean farmers access international markets by participating at the Zimbabwe–China Horticulture Buyers Engag...
Several major Chinese banks have clawed back staff bonuses or cut salaries amid a sluggish economic recovery and Beijing’s ongoing scrutiny of the financial sector. In their annual...
The volume of foreign currency sales on the domestic market with settlements dated April 14 also amounted to $60.33 mln
Chinese bond market is now one of the most cost-effective funding sources in the world, says bank official
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