Bank of China

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10h
Investopedia
China, Not Brexit, Is the Biggest Problem for the World10%, continuing to decline even as the RMB/dollar exchange rate has stabilized.
China, Not Brexit, Is the Biggest Problem for the World
Investopedia / Posted 10 hours ago
10%, continuing to decline even as the RMB/dollar exchange rate has stabilized. The devaluation of the RMB by the People’s Bank of China (PBOC) is quite foreboding as it signals considerable weakness in the world’s second largest economy.... Read more
12h
Reuters
China postal bank's $10 billion IPO stirs foreign interest, but valuation a worryPeople walk past a sign outside a branch of Postal Savings Bank of China (PSBC)
China postal bank's $10 billion IPO stirs foreign interest, but valuation a worry
Reuters / Posted 12 hours ago
People walk past a sign outside a branch of Postal Savings Bank of China (PSBC) in downtown Beijing, China, November 12, 2015. HONG KONG Postal Savings Bank of China's up to $10 billion forthcoming IPO is drawing marquee foreign investors' attention... Read more
12h
Reuters
Iran's global banking problems deepen with rise of Trump, Brexitdiscussing trade opportunities. That same month a top Iranian central bank offi
Iran's global banking problems deepen with rise of Trump, Brexit
Reuters / Posted 12 hours ago
discussing trade opportunities. That same month a top Iranian central bank official said the Industrial and Commercial Bank of China wanted to open branches in Iran. FEAR FACTOR A failure to revive the economy may boost the hardliners who are... Read more
12h
Channel NewsAsia
Iran's global banking problems deepen with rise of Trump, Brexitdiscussing trade opportunities. That same month a top Iranian central bank offi
Iran's global banking problems deepen with rise of Trump, Brexit
Channel NewsAsia / Posted 12 hours ago
discussing trade opportunities. That same month a top Iranian central bank official said the Industrial and Commercial Bank of China wanted to open branches in Iran. FEAR FACTOR A failure to revive the economy may boost the hardliners who are... Read more
17h
AllAfrica.com
FG Discusses Key Buhari Change Projects With Chinathe 10 critical areas under the Forum on China Africa Cooperation, FOCAC. At t
FG Discusses Key Buhari Change Projects With China
AllAfrica.com / Posted 17 hours ago
the 10 critical areas under the Forum on China Africa Cooperation, FOCAC. At the meeting with the Vice President of EXIM Bank of China, Yuan Xingyong, at the bank's headquarters in Beijing, Senator Udoma said that Nigeria would appreciate the... Read more
6 related stories
17h
Market Watch
Yen climbs against dollar after BOJ fails to impress investorsversus the U.S. dollar, paring earlier gains, to reach 6.6515 from its official
Yen climbs against dollar after BOJ fails to impress investors
Market Watch / Posted 17 hours ago
versus the U.S. dollar, paring earlier gains, to reach 6.6515 from its official Thursday closing of 6.6566. The People’s Bank of China set the daily yuan benchmark 0.1% stronger against the dollar. Friday’s action marked the latest swing for the... Read more
87 related stories
19h
AllAfrica.com
Nigeria Flags Off Commercial Operation On China-Assisted Rail Projectthe Nigerian leader said. Transport Minister Rotimi Amaechi said the project,
Nigeria Flags Off Commercial Operation On China-Assisted Rail Project
AllAfrica.com / Posted 19 hours ago
the Nigerian leader said. Transport Minister Rotimi Amaechi said the project, partly funded by the Export-Import Bank of China, is a significant milestone in the history of Nigeria. According to him, the completion of this project and... Read more
6 related stories
1d
AllAfrica.com
Udoma Meets China Exim Bank Officials(FOCAC). Udoma is in China to attend the FOCAC Coordinators meeting. In the m
Udoma Meets China Exim Bank Officials
AllAfrica.com / Posted yesterday
(FOCAC). Udoma is in China to attend the FOCAC Coordinators meeting. In the meeting with the Vice President of EXIM Bank of China, Yuan Xingyong, at the bank's headquarters in Beijing, Senator Udoma, said Nigeria would appreciate the... Read more
6 related stories
1d
AllAfrica.com
Obasanjo, Elumelu, Oramah Canvass Entrepreneurship, Intra-Africa Tradeand promotion of regional peace and security," he said. Another strategy, he s
Obasanjo, Elumelu, Oramah Canvass Entrepreneurship, Intra-Africa Trade
AllAfrica.com / Posted yesterday
and promotion of regional peace and security," he said. Another strategy, he said, is the partnership with Export-Import Bank of China, which Memorandum of Understanding we have signed to drive the "Made in Africa" initiative, aimed at raising... Read more
1d
The Age
China stocks dragged down by banks on wealth management crackdowninvestors see further losses. The Shanghai financial index fell 1.2 percent, w
China stocks dragged down by banks on wealth management crackdown
The Age / Posted yesterday
investors see further losses. The Shanghai financial index fell 1.2 percent, with top lender Industrial and Commercial bank of China dropping 0.5 per cent. Top insurer China Life Insurance slumped 1.7 per cent. China insurance industry... Read more
2 related stories
1d
Sydney Morning Herald
China stocks dragged down by banks on wealth management crackdowninvestors see further losses. The Shanghai financial index fell 1.2 percent, w
China stocks dragged down by banks on wealth management crackdown
Sydney Morning Herald / Posted yesterday
investors see further losses. The Shanghai financial index fell 1.2 percent, with top lender Industrial and Commercial bank of China dropping 0.5 per cent. Top insurer China Life Insurance slumped 1.7 per cent. China insurance industry... Read more
2 related stories
2d
Finance Asia
China bad debt data may understate banking riskdata. The four largest national banks, meanwhile, reduced their exposure to en
China bad debt data may understate banking risk
Finance Asia / Posted 2 days ago
data. The four largest national banks, meanwhile, reduced their exposure to energy companies from 2011 to 2015. At Bank of China, credit to energy and utilities firms shrank to 7.9% of total loans at the end of 2015 from 12.08% four years... Read more
2d
Herald Sun
Aluminium pares losses to close unchangedother hand the supply of Chinese aluminium has also been picking up," said Xiao
Aluminium pares losses to close unchanged
Herald Sun / Posted 2 days ago
other hand the supply of Chinese aluminium has also been picking up," said Xiao Fu, head of commodity market strategy at Bank of China International in London. "We expect the smelter restarts to be around one quarter of the previously announced... Read more
9 related stories
2d
The Courier Mail
Aluminium pares losses to close unchangedother hand the supply of Chinese aluminium has also been picking up," said Xiao
Aluminium pares losses to close unchanged
The Courier Mail / Posted 2 days ago
other hand the supply of Chinese aluminium has also been picking up," said Xiao Fu, head of commodity market strategy at Bank of China International in London. "We expect the smelter restarts to be around one quarter of the previously announced... Read more
9 related stories
2d
Business Standard India
Sahara spurns $1.3 bn new offer for overseas hotelshas about 75 per cent and remaining 25 per cent is with Prince Al-Waleed bin Ta
Sahara spurns $1.3 bn new offer for overseas hotels
Business Standard India / Posted 2 days ago
has about 75 per cent and remaining 25 per cent is with Prince Al-Waleed bin Talal of Saudi Arabia. In March last year, Bank of China had put Grosvenor House under "administration" for recovery of its loans from Sahara after declaring "an event... Read more
3 related stories
2d
The Borneo Post
Diversifying trade settlement from USD to RMB encouraged‘RMB a New Preferred Currency for International Trade’, featured speaker Lim Ko
Diversifying trade settlement from USD to RMB encouraged
The Borneo Post / Posted 2 days ago
‘RMB a New Preferred Currency for International Trade’, featured speaker Lim Kok Fuat from the Industrial and Commercial Bank of China (Malaysia) Berhad. The objective of the seminar is to give participants better understanding on benefits of... Read more
2d
Zero Hedge
A Psychiatric Diagnosis Of The U.S. 'Market'market is hitting new highs for what reason? The typical answer is: more centra
A Psychiatric Diagnosis Of The U.S. 'Market'
Zero Hedge / Posted 2 days ago
market is hitting new highs for what reason? The typical answer is: more central bank stimulus is on the way, the Fed/ BoJ /Bank of China/ European Central Bank have our back, etc. etc. etc. But the reality is obvious to all: the returns on central... Read more
2d
dna
Sahara rejects $1.3 billion offer for sale of three prized overseas hotelshas about 75 per cent and remaining 25 per cent is with Prince Al-Waleed bin Ta
Sahara rejects $1.3 billion offer for sale of three prized overseas hotels
dna / Posted 2 days ago
has about 75 per cent and remaining 25 per cent is with Prince Al-Waleed bin Talal of Saudi Arabia. In March last year, Bank of China had put Grosvenor House under "administration" for recovery of its loans from Sahara after declaring "an event... Read more
3 related stories
2d
Channel NewsAsia
Corruption clean-up is top reason for China’s slowdown: Former central bankerWith SINGAPORE: China’s move to eradicate corruption has aggravated its econom
Corruption clean-up is top reason for China’s slowdown: Former central banker
Channel NewsAsia / Posted 2 days ago
With SINGAPORE: China’s move to eradicate corruption has aggravated its economic downturn, says a former People’s Bank of China policy-maker. “If you look at the slowing down of the Chinese economy, I would argue that the number one... Read more
2d
Reuters
China July official PMI likely to show factories struggling for tractionare facing difficulty getting capital. Sheng Songcheng, director of the Survey
China July official PMI likely to show factories struggling for traction
Reuters / Posted 2 days ago
are facing difficulty getting capital. Sheng Songcheng, director of the Survey and Statistics Department at the People's Bank of China (PBOC), said recently that China has already fallen into a "liquidity trap" where increased money supply is... Read more
2d
The Hindu
New suitor offers $1.3 bn for Sahara’s overseas hotelshas been trying hard to raise funds including through refinancing of loans on i
New suitor offers $1.3 bn for Sahara’s overseas hotels
The Hindu / Posted 2 days ago
has been trying hard to raise funds including through refinancing of loans on its overseas hotels. In March last year, Bank of China had put Grosvenor House under “administration” for recovery of its loans from Sahara after declaring “an event... Read more
3 related stories
2d
dna
Sahara gets $1.3 billion offer of Grosvenor House, 2 New York hotelshas been trying hard to raise funds including through refinancing of loans on i
Sahara gets $1.3 billion offer of Grosvenor House, 2 New York hotels
dna / Posted 2 days ago
has been trying hard to raise funds including through refinancing of loans on its overseas hotels. In March last year, Bank of China had put Grosvenor House under "administration" for recovery of its loans from Sahara after declaring "an event... Read more
3 related stories
3d
Swissinfo
Bank Capital Fight Makes Japan, EU Allies Against U.S. Clampdownbrings together regulators from nearly 30 countries, including Japan’s FSA, the
Bank Capital Fight Makes Japan, EU Allies Against U.S. Clampdown
Swissinfo / Posted 3 days ago
brings together regulators from nearly 30 countries, including Japan’s FSA, the ECB, the U.S. Federal Reserve, the People’s Bank of China and the Brazil’s central bank. The committee reports to the Group of Governors and Heads of Supervision,... Read more
3d
AllAfrica.com
Chinese Bank Avails $77 Million for HealthGovernment has so far received $77 million for health development from the Expo
Chinese Bank Avails $77 Million for Health
AllAfrica.com / Posted 3 days ago
Government has so far received $77 million for health development from the Export-Import Bank of China, a Government official has said. This follows a $100 million loan that was availed by the bank in 2011 through the China Medical Equipment Loan... Read more
4d
Stamford Advocate
Tell us how you really feel about the RNC and Trump, Chinahard to imagine that this isn't a conversation in the halls of China's governme
Tell us how you really feel about the RNC and Trump, China
Stamford Advocate / Posted 4 days ago
hard to imagine that this isn't a conversation in the halls of China's government right now, especially at the People's Bank of China. And perhaps some have even taken Nomura's ambivalently neutral view on the topic. Still, no person or country... Read more
3 related stories
4d
Connecticut Post
Tell us how you really feel about the RNC and Trump, Chinahard to imagine that this isn't a conversation in the halls of China's governme
Tell us how you really feel about the RNC and Trump, China
Connecticut Post / Posted 4 days ago
hard to imagine that this isn't a conversation in the halls of China's government right now, especially at the People's Bank of China. And perhaps some have even taken Nomura's ambivalently neutral view on the topic. Still, no person or country... Read more
3 related stories
4d
San Francisco Chronicle
Tell us how you really feel about the RNC and Trump, Chinahard to imagine that this isn't a conversation in the halls of China's governme
Tell us how you really feel about the RNC and Trump, China
San Francisco Chronicle / Posted 4 days ago
hard to imagine that this isn't a conversation in the halls of China's government right now, especially at the People's Bank of China. And perhaps some have even taken Nomura's ambivalently neutral view on the topic. Still, no person or country... Read more
3 related stories
4d
Business Insider
Tell us how you really feel about the RNC and Trump, Chinahard to imagine that this isn't a conversation in the halls of China's governme
Tell us how you really feel about the RNC and Trump, China
Business Insider / Posted 4 days ago
hard to imagine that this isn't a conversation in the halls of China's government right now, especially at the People's Bank of China. And perhaps some have even taken Nomura's ambivalently neutral view on the topic. Still, no person or country... Read more
3 related stories
4d
The New Zealand Herald
$140m cash boost for China-based bankcommercial lending and $105 million in home loans. The cash injection follows
$140m cash boost for China-based bank
The New Zealand Herald / Posted 4 days ago
commercial lending and $105 million in home loans. The cash injection follows a similar play by Industrial and Commercial Bank of China, which pumped US$60 million into its New Zealand subsidiary this month. CCB New Zealand is continuing to... Read more
4d
AllAfrica.com
Dar, Beijing Sign Central Railway Construction Dealcentral railway line to standard gauge has begun after the government signed a
Dar, Beijing Sign Central Railway Construction Deal
AllAfrica.com / Posted 4 days ago
central railway line to standard gauge has begun after the government signed a Memorandum of Understanding (MoU) with Exim Bank of China in Dar es Salaam yesterday. The agreement involves forming technical teams from both sides to oversee various... Read more
2 related stories
4d
Reuters
Borrowing costs for Chinese firms is key obstacle to private investment: NDRCbubble that triggered the global crisis. Sheng Songcheng, director of the Surv
Borrowing costs for Chinese firms is key obstacle to private investment: NDRC
Reuters / Posted 4 days ago
bubble that triggered the global crisis. Sheng Songcheng, director of the Survey and Statistics Department at the People's Bank of China (PBOC), said recently that China has already fallen into a "liquidity trap" where increased money supply is... Read more
5d
Zero Hedge
"It's Not Panicking If You're First" - China Devaluation Is Closer Than Anyone Thinkspolitical or economic events, such as President Xi Jinping’s state visits to th
"It's Not Panicking If You're First" - China Devaluation Is Closer Than Anyone Thinks
Zero Hedge / Posted 5 days ago
political or economic events, such as President Xi Jinping’s state visits to the U.S. and the Boao Forum. The People’s Bank of China raised its daily reference rate for the yuan in each of the last three days, spurring speculation it is acting... Read more
5d
San Antonio Express-News
Global deals may drop $1.6 trillion if Brexit talks lagBritain's Chancellor of the Exchequer Philip Hammond, left, and Bank of China C
Global deals may drop $1.6 trillion if Brexit talks lag
San Antonio Express-News / Posted 5 days ago
Britain's Chancellor of the Exchequer Philip Hammond, left, and Bank of China Chairman Tian Guoli attend UK-China High Level Financial Services Roundtable at the Bank of China head office building in Beijing Friday, July 22, 2016. (Damir Sagolj/Pool... Read more
5d
The Economic Times
PBOC Deputy governor says Beijing to improve offshore market policiesadding verbal support to the exchange rate after a week that saw it slip past a
PBOC Deputy governor says Beijing to improve offshore market policies
The Economic Times / Posted 5 days ago
adding verbal support to the exchange rate after a week that saw it slip past a key level against the dollar. The People's Bank of China will work hard to keep the yuan stable against a basket of currencies, Deputy Governor Chen Yulu said at a... Read more
5d
Daily News
Com Bank ranked among World’s Top 1000 Banks for sixth yearthe last few years, China’s banks have dominated the ranking based on Tier 1 ca
Com Bank ranked among World’s Top 1000 Banks for sixth year
Daily News / Posted 5 days ago
the last few years, China’s banks have dominated the ranking based on Tier 1 capital. This year Industrial and Commercial Bank of China (ICBC) remains number 1 and China Construction Bank number 2, with 4 out of the top 5 places held by Chinese... Read more
5d
Business Standard India
Working to stabilise yuan, says PBOCadding verbal support to the exchange rate after a week that saw it slip past a
Working to stabilise yuan, says PBOC
Business Standard India / Posted 5 days ago
adding verbal support to the exchange rate after a week that saw it slip past a key level against the dollar. The People's Bank of China (PBOC) will work hard to keep the yuan stable against a basket of currencies, Deputy Governor Chen Yulu said at... Read more
5d
Business Standard India
G20 pledges to use all tools to fight weak global recoverycalling for the group to intensify policy coordination. Lou delivered the host
G20 pledges to use all tools to fight weak global recovery
Business Standard India / Posted 5 days ago
calling for the group to intensify policy coordination. Lou delivered the host press briefing alone, with People's Bank of China Governor Zhou Xiaochuan staying away from the limelight this time - unlike in February, when he made repeated... Read more
79 related stories
5d
Swissinfo
G20 will use 'all policy tools' to lift growth as Brexit weighsmember, Turkey Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lo
G20 will use 'all policy tools' to lift growth as Brexit weighs
Swissinfo / Posted 5 days ago
member, Turkey Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's Governor of the People's Bank of China Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund managing... Read more
79 related stories
5d
San Francisco Chronicle
G-20 countries pledge to protect against Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G-20 countries pledge to protect against Brexit shock
San Francisco Chronicle / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
ABC News
G20 Countries Pledge to Boost Growth, Dampen Brexit Shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 Countries Pledge to Boost Growth, Dampen Brexit Shock
ABC News / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan and Germany's Federal Minister of Finance Wolfgang Schauble. (AP Photo/Ng Han Guan,... Read more
79 related stories
5d
TheBull
G20 finance heads meet in Chinawas not likely to give China a hard time about the drop in the yuan to five-and
G20 finance heads meet in China
TheBull / Posted 5 days ago
was not likely to give China a hard time about the drop in the yuan to five-and-a-half year lows, noting that the People's Bank of China had intervened to slow the slide. "Their interventions have been consistent to a transition to a... Read more
79 related stories
5d
Darien News-Review
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
Darien News-Review / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
The Fairfield Citizen
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
The Fairfield Citizen / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
Stamford Advocate
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
Stamford Advocate / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
The Greater New Milford Spectrum
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
The Greater New Milford Spectrum / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
The New Canaan News
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
The New Canaan News / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
Connecticut Post
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
Connecticut Post / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
5d
San Antonio Express-News
G20 countries pledge to boost growth, dampen Brexit shockan unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's F
G20 countries pledge to boost growth, dampen Brexit shock
San Antonio Express-News / Posted 5 days ago
an unidentified member, Turkey's Deputy Prime Minister Mehmet Simsek, China's Finance Minister Lou Jiwei, China's People's Bank of China Governor Zhou Xiaochuan, Germany's Federal Minister of Finance Wolfgang Schauble, International Monetary Fund... Read more
79 related stories
6d
Sky News Australia
G20 finance leaders meet in Chinawas not likely to give China a hard time about the drop in the yuan to five-and
G20 finance leaders meet in China
Sky News Australia / Posted 6 days ago
was not likely to give China a hard time about the drop in the yuan to five-and-a-half year lows, noting that the People's Bank of China had intervened to slow the slide. 'Their interventions have been consistent to a transition to a... Read more
38 related stories
7d
Channel NewsAsia
Brexit front and centre as G20 finance heads meet in Chinawas not likely to give China a hard time about the drop in the yuan to five-and
Brexit front and centre as G20 finance heads meet in China
Channel NewsAsia / Posted 7 days ago
was not likely to give China a hard time about the drop in the yuan to five-and-a-half year lows, noting that the People's Bank of China had intervened to slow the slide. "Their interventions have been consistent to a transition to a... Read more
38 related stories
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