Bank of China

Latest stories

1h
dna
Asian markets slump in holiday-thinned trade amid weak US dataAsian shares got off to a rocky start on Monday after mixed US jobs data helped
Asian markets slump in holiday-thinned trade amid weak US data
dna / Posted an hour ago
Asian shares got off to a rocky start on Monday after mixed US jobs data helped sink shares on Wall Street, but trade remained thin with many regional markets closed for the Lunar New Year holiday. MSCI's broadest index of Asia-Pacific shares... Read more
4 related stories
3h
The Financial Express
Asian Market slumps in holiday thinned tradeAsian shares got off to a rocky start on Monday after mixed U.S. jobs data help
Asian Market slumps in holiday thinned trade
The Financial Express / Posted 3 hours ago
Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday. MSCI’s broadest index of Asia-Pacific shares outside... Read more
4 related stories
3h
The Malaysian Insider
Asia slumps in holiday-thinned trade Published: 8 February 2016 9:15 AM Markets in China, a focus of recent marke
Asia slumps in holiday-thinned trade
The Malaysian Insider / Posted 3 hours ago
Published: 8 February 2016 9:15 AM Markets in China, a focus of recent market concern, will be closed for the entire week for the holiday. Data released over the weekend showed China's foreign reserves fell for... Read more
4 related stories
4h
Reuters
Asia slumps in holiday-thinned tradeMen walk past an electronic board showing Japan's Nikkei average outside a brok
Asia slumps in holiday-thinned trade
Reuters / Posted 4 hours ago
Men walk past an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo, Japan January 20, 2016. TOKYO Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was... Read more
4 related stories
5h
The Economic Times
Asian markets slump in holiday-thinned tradeTOKYO: Asian shares got off to a rocky start on Monday after mixed US jobs data
Asian markets slump in holiday-thinned trade
The Economic Times / Posted 5 hours ago
TOKYO: Asian shares got off to a rocky start on Monday after mixed US jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday. MSCI's broadest index of Asia-Pacific shares... Read more
4 related stories
5h
The Star
China’s forex reserves shrink to US$3.23 trillionBEIJING: China’s foreign-exchange reserves shrank to the smallest since 2012, i
China’s forex reserves shrink to US$3.23 trillion
The Star / Posted 5 hours ago
BEIJING: China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold US dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. The world’s largest currency hoard declined by... Read more
11 related stories
9h
Business Standard India
China's foreign-exchange reserves decline to $3.23 trnThe Chinese currency has declined 1.24 per cent so far this year, closing at 6.
China's foreign-exchange reserves decline to $3.23 trn
Business Standard India / Posted 9 hours ago
The Chinese currency has declined 1.24 per cent so far this year, closing at 6.5755 in Shanghai on FridayThe Chinese currency has declined 1.24 per cent so far this year, closing at 6.5755 in... Read more
10h
Newsmax
China's Foreign-Exchange Reserves Decline to $3.23 TrillionChina’s foreign-exchange reserves shrank to the smallest since 2012,indicating
China's Foreign-Exchange Reserves Decline to $3.23 Trillion
Newsmax / Posted 10 hours ago
China’s foreign-exchange reserves shrank to the smallest since 2012,indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. The world’s largest currency hoard declined by $99.5... Read more
11 related stories
11h
Fortune
China’s Foreign Reserves Plunge To Lowest Level In Over 3 YearsChina’s foreign reserves fell for a third straight month in January, as the cen
China’s Foreign Reserves Plunge To Lowest Level In Over 3 Years
Fortune / Posted 11 hours ago
China’s foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. China’s foreign reserves fell $99.5 billion to $3.23 trillion in January, the... Read more
11 related stories
12h
Business Standard India
Devangshu Datta: Inching towards rock bottomThe global economy is set to slow some more. Inflation remains near-zero in the
Devangshu Datta: Inching towards rock bottom
Business Standard India / Posted 12 hours ago
The global economy is set to slow some more. Inflation remains near-zero in the euro zone. The rupee may appreciate only because the RBI has opted to maintain status quo. The government is likely to sweep... Read more
16h
Business Insider
The rapid pace of China's currency reserve depletion is 'simply unsustainable'The People’s Bank of China reported today that during January, reserves dropped
The rapid pace of China's currency reserve depletion is 'simply unsustainable'
Business Insider / Posted 16 hours ago
The People’s Bank of China reported today that during January, reserves dropped by $99.5 billion (£68.6 billion) to $3.23 trillion, slightly more than the $3.2 trillion markets expected in their poll Reuters said after the data was released. And... Read more
17h
Rappler
China forex reserves fall almost $100B in JanuaryBEIJING, China – China’s foreign exchange reserves have fallen to their lowest
China forex reserves fall almost $100B in January
Rappler / Posted 17 hours ago
BEIJING, China – China’s foreign exchange reserves have fallen to their lowest level in more than 3 years, the central bank said Sunday, February 7, as Beijing sells dollars to stop the yuan from depreciating further. The world’s largest currency... Read more
11 related stories
19h
Manila Bulletin
China forex reserves fall almost $100 bn in JanuaryBeijing, China — China’s foreign exchange reserves have fallen to their lowest
China forex reserves fall almost $100 bn in January
Manila Bulletin / Posted 19 hours ago
Beijing, China — China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said Sunday, as Beijing sells dollars to stop the yuan from depreciating further. The world’s largest currency hoard... Read more
11 related stories
19h
Business Standard India
China forex reserves fall almost $100 bn, lowest since May 2012China's foreign reserves fell for a third straight month in January, as the cen
China forex reserves fall almost $100 bn, lowest since May 2012
Business Standard India / Posted 19 hours ago
China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. China's foreign reserves fell $99.5 billion to $3.23 trillion in January, the... Read more
11 related stories
20h
Bangkok Post - Thailand's English news
China forex reserves fall almost $100 bn in JanuaryBEIJING - China’s foreign exchange reserves have fallen to their lowest level i
China forex reserves fall almost $100 bn in January
Bangkok Post - Thailand's English news / Posted 20 hours ago
BEIJING - China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said Sunday, as Beijing sells dollars to stop the yuan from depreciating further. Worries about China's economy have pushed the... Read more
11 related stories
20h
The Malaysian Insider
China forex reserves fall almost US$100 billion in January Published: 7 February 2016 5:25 PM US 100 dollar banknotes and a Chinese 100
China forex reserves fall almost US$100 billion in January
The Malaysian Insider / Posted 20 hours ago
Published: 7 February 2016 5:25 PM US 100 dollar banknotes and a Chinese 100 yuan banknote with the late Chinese Chairman Mao Zedong are seen in this picture illustration in Beijing, China,... Read more
11 related stories
21h
New Kerala
China's forex reserves drop by $99.5 billionBeijing, Feb 7 : China's foreign exchange reserves dropped by $99.5 billion fro
China's forex reserves drop by $99.5 billion
New Kerala / Posted 21 hours ago
Beijing, Feb 7 : China's foreign exchange reserves dropped by $99.5 billion from December to $3.23 trillion at the end of January, the central bank said on Sunday. The decrease was milder than a month-on-month decline of $108 billion registered in... Read more
1d
dna
China's forex reserves fall almost $100 billion to lowest since May 2012China's foreign reserves fell for a third straight month in January, as the cen
China's forex reserves fall almost $100 billion to lowest since May 2012
dna / Posted yesterday
China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. China's foreign reserves fell $99.5 billion (nearly Rs 6.73 crore) to $3.23... Read more
11 related stories
1d
Stamford Advocate
A professor tracked email spam selling fake luxury goods to 3 huge Chinese banks - CLONEFake luxury goods are sold all over the internet. Spam advertising such goods
A professor tracked email spam selling fake luxury goods to 3 huge Chinese banks - CLONE
Stamford Advocate / Posted yesterday
Fake luxury goods are sold all over the internet. Spam advertising such goods can come in the form of an email or a message on some kind of instant messaging system, like WhatsApp. One computer science professor at New York University, Damon McCoy,... Read more
2 related stories
1d
Connecticut Post
A professor tracked email spam selling fake luxury goods to 3 huge Chinese banks - CLONEFake luxury goods are sold all over the internet. Spam advertising such goods
A professor tracked email spam selling fake luxury goods to 3 huge Chinese banks - CLONE
Connecticut Post / Posted yesterday
Fake luxury goods are sold all over the internet. Spam advertising such goods can come in the form of an email or a message on some kind of instant messaging system, like WhatsApp. One computer science professor at New York University, Damon McCoy,... Read more
2 related stories
1d
San Francisco Chronicle
A professor tracked email spam selling fake luxury goods to 3 huge Chinese banks - CLONEFake luxury goods are sold all over the internet. Spam advertising such goods
A professor tracked email spam selling fake luxury goods to 3 huge Chinese banks - CLONE
San Francisco Chronicle / Posted yesterday
Fake luxury goods are sold all over the internet. Spam advertising such goods can come in the form of an email or a message on some kind of instant messaging system, like WhatsApp. One computer science professor at New York University, Damon McCoy,... Read more
2 related stories
1d
The Globe and Mail
China’s foreign exchange reserves fall almost $100-billion to lowest since May 2012China’s foreign reserves fell for a third straight month in January, as the cen
China’s foreign exchange reserves fall almost $100-billion to lowest since May 2012
The Globe and Mail / Posted yesterday
China’s foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. China’s foreign reserves fell $99.5-billion to $3.23-trillion in January, the... Read more
3 related stories
1d
Market Watch
China's foreign-currency reserves drop $99.47 blnBEIJING--China's foreign-exchange reserves shrank for the third straight month
China's foreign-currency reserves drop $99.47 bln
Market Watch / Posted yesterday
BEIJING--China's foreign-exchange reserves shrank for the third straight month in January, dropping to the lowest level in more than three years, according to data from the People's Bank of China on Sunday. The foreign-exchange reserves fell by... Read more
1d
The Hindu
China’s central bank to fine tune policy, keep yuan stable: fourth-quarter monetary reportChina will fine tune monetary policy and keep the yuan basically stable while g
China’s central bank to fine tune policy, keep yuan stable: fourth-quarter monetary report
The Hindu / Posted yesterday
China will fine tune monetary policy and keep the yuan basically stable while guarding against systemic financial risks, the country’s central bank said on Saturday in its fourth-quarter monetary policy report. China will also maintain an... Read more
2 related stories
1d
Newsmax
China Central Bank to Fine Tune Policy, Keep Yuan StableChina will also maintain an appropriate level of liquidity and achieve reasonab
China Central Bank to Fine Tune Policy, Keep Yuan Stable
Newsmax / Posted yesterday
China will also maintain an appropriate level of liquidity and achieve reasonable growth of money and credit, the People's Bank of China (PBOC) said in the report. The report comes after China reported economic growth of 6.9 percent for 2015, its... Read more
2 related stories
1d
New Kerala
Budgetary hopes, global macro-data to steer rupeeMumbai, Feb 6 : Expectations of cheering budgetary announcements, coupled with
Budgetary hopes, global macro-data to steer rupee
New Kerala / Posted yesterday
Mumbai, Feb 6 : Expectations of cheering budgetary announcements, coupled with global macro-data and a rebound in commodity prices are expected to steer the Indian rupee's trajectory in the coming week, experts said on Saturday. Global-macro data... Read more
4 related stories
1d
Market Watch
China's central bank injects more cash into banksChina's central bank pumped more short-term funds into the country's financial
China's central bank injects more cash into banks
Market Watch / Posted yesterday
China's central bank pumped more short-term funds into the country's financial system on Saturday, as a surge in demand for cash ahead of the Lunar New Year holiday is starting to squeeze banks' liquidity. Wary of a potential funding shortage as a... Read more
1d
New Kerala
Budgetary hopes, global macro-data to steer rupeeMumbai, Feb 6 : Expectations of cheering budgetary announcements, coupled with
Budgetary hopes, global macro-data to steer rupee
New Kerala / Posted yesterday
Mumbai, Feb 6 : Expectations of cheering budgetary announcements, coupled with global macro-data and a rebound in commodity prices are expected to steer the Indian rupee's trajectory in the coming week, experts said on Saturday. Global-macro data... Read more
4 related stories
1d
The Economic Times
Budgetary hopes, global macro-data to steer rupeeMUMBAI: Expectations of cheering budgetary announcements, coupled with global m
Budgetary hopes, global macro-data to steer rupee
The Economic Times / Posted yesterday
MUMBAI: Expectations of cheering budgetary announcements, coupled with global macro-data and a rebound in commodity prices are expected to steer the Indian rupee's trajectory in the coming week, experts said on Saturday. Global-macro data such as... Read more
4 related stories
1d
Channel NewsAsia
China central bank to fine tune policy, keep yuan stable: Q4 monetary reportBEIJING: China will fine tune monetary policy and keep the yuan basically stabl
China central bank to fine tune policy, keep yuan stable: Q4 monetary report
Channel NewsAsia / Posted yesterday
BEIJING: China will fine tune monetary policy and keep the yuan basically stable while guarding against systemic financial risks, the country's central bank said on Saturday (Feb 6) in its fourth-quarter monetary policy report. China will also... Read more
2 related stories
1d
The Malaysian Insider
China’s central bank to maintain prudent monetary policyPublished: 6 February 2016 3:04 PM People's Bank of China faces intense pressu
China’s central bank to maintain prudent monetary policy
The Malaysian Insider / Posted yesterday
Published: 6 February 2016 3:04 PM People's Bank of China faces intense pressure as the yuan continues to face depreciation pressure and as economic growth slipped to the weakest in 25 years in 2015. – Reuters pic, February 6, 2016.China's central... Read more
2d
Market Watch
China’s forex reserves poised for another record dropAFP/Getty Images China has been burning through its pile of reserves as it bat
China’s forex reserves poised for another record drop
Market Watch / Posted 2 days ago
AFP/Getty Images China has been burning through its pile of reserves as it battles a crisis of confidence. Investors will on the lookout for evidence that China is denting its sizable foreign exchange reserves when the People’s Bank of China... Read more
3 related stories
2d
Namibia Economist
East is EdenHSBC—one of the two most pivotal banks in the global financial system, accordin
East is Eden
Namibia Economist / Posted 2 days ago
HSBC—one of the two most pivotal banks in the global financial system, according to regulators, alongside JPMorgan Chase—exudes permanence. Its buildings are guarded by lions cast in bronze which passers-by touch for luck. HSBC has never been bailed... Read more
2d
Market Watch
The only place left to invest if ‘Oilmageddon ‘ hits this marketInvestors are about to embark on a great adventure — a week without Chinese int
The only place left to invest if ‘Oilmageddon ‘ hits this market
Market Watch / Posted 2 days ago
Investors are about to embark on a great adventure — a week without Chinese interference. Millions are hitting the road for the Lunar New Year holidays, and local markets are shut. To keep cash flowing for the holidays, the People’s Bank of China has... Read more
2d
New Kerala
Aurobindo, Axis Bank, Reliance in Citi Asia Focus List of stocksMumbai, Feb 5 : American firm Citigroup's revised Focus List Asia of 18 corpora
Aurobindo, Axis Bank, Reliance in Citi Asia Focus List of stocks
New Kerala / Posted 2 days ago
Mumbai, Feb 5 : American firm Citigroup's revised Focus List Asia of 18 corporates, released on Friday, showed only three Indian companies - Aurobindo, Axis Bank and Reliance Industries Ltd (RIL) - in the list revised from 13 to 18 stocks. "We have... Read more
2d
AllAfrica.com
What Happens When Us Dollar Continues to Weaken?It is perhaps too early to come to any reliable conclusions regarding so-called
What Happens When Us Dollar Continues to Weaken?
AllAfrica.com / Posted 2 days ago
It is perhaps too early to come to any reliable conclusions regarding so-called dollar strength or weakness but events of this week must scare the governors of both the European Central Bank and the Bank of Japan. When first the notion of a currency... Read more
2d
Market Watch
The only place left to invest if ‘Oilmageddon ‘ hits this marketInvestors are about to embark on a great adventure — a week without Chinese int
The only place left to invest if ‘Oilmageddon ‘ hits this market
Market Watch / Posted 2 days ago
Investors are about to embark on a great adventure — a week without Chinese interference. Millions are hitting the road for the Lunar New Year holidays, which means local markets are shut. To keep cash flowing for the holidays, the People’s Bank of... Read more
2d
Morningstar
Asian stocks mixed in run-up to Lunar New Year holidayAsian markets moved in mixed directions Friday as traders took positions ahead
Asian stocks mixed in run-up to Lunar New Year holiday
Morningstar / Posted 2 days ago
Asian markets moved in mixed directions Friday as traders took positions ahead of today's U.S. jobs report, with many markets in the region experiencing thin volumes ahead of the Lunar New Year holiday next week. Hong Kong's equity markets led the... Read more
114 related stories
2d
The Economic Times
Chinese yuan to fall further but no big devaluation: PollThe Chinese yuan will slide to a multi-year low in the coming 12 months based o
Chinese yuan to fall further but no big devaluation: Poll
The Economic Times / Posted 2 days ago
The Chinese yuan will slide to a multi-year low in the coming 12 months based on expectations of more monetary policy easing, continued outflows of capital and further pressure from a relatively strong dollar, according to a Reuters poll. But the... Read more
11 related stories
2d
Business Wire
Carta da Elliott para os colegas acionistas do Bank of East Asia, Limited (código de ações HKEx: 23)HONG KONG--(BUSINESS WIRE)--A Elliott1 anunciou hoje a emissão da carta anexa p
Carta da Elliott para os colegas acionistas do Bank of East Asia, Limited (código de ações HKEx: 23)
Business Wire / Posted 2 days ago
HONG KONG--(BUSINESS WIRE)--A Elliott1 anunciou hoje a emissão da carta anexa para colegas acionistas do Bank of East Asia, Limited(“BEA”). A Elliott, que possui mais de 7% de participação em ações do BEA, acredita que a diretoria do BEA deveria, de... Read more
424 related stories
2d
AllAfrica.com
Zim-Sino Mega Deals in LimboZimbabwe and China's much-vaunted multi-billion dollar mega-deals in various se
Zim-Sino Mega Deals in Limbo
AllAfrica.com / Posted 2 days ago
Zimbabwe and China's much-vaunted multi-billion dollar mega-deals in various sectors of the economy are hanging in the balance amid indications that Sinosure, a leading Chinese insurance company, is reluctant to guarantee more financial loans from... Read more
2 related stories
2d
The Economic Times
Central bank tests new money supply tools for Year of the MonkeySHANGHAI: In the weeks leading up to the traditional Lunar New Year liquidity s
Central bank tests new money supply tools for Year of the Monkey
The Economic Times / Posted 2 days ago
SHANGHAI: In the weeks leading up to the traditional Lunar New Year liquidity squeeze, China's central bank has been busy testing its new "interest rate corridor", a tool that could help reduce the need for deeper monetary policy easing. The... Read more
3d
Market Watch
SocGen claims China is only months away from burning through its currency reservesChinaFotoPress via Getty Images China’s reserves may not be sufficient if its
SocGen claims China is only months away from burning through its currency reserves
Market Watch / Posted 3 days ago
ChinaFotoPress via Getty Images China’s reserves may not be sufficient if its chickens come home to roost. China is burning through its foreign-currency reserves at such a blistering pace that the country will run down its cushion in a few months,... Read more
3 related stories
3d
The Star
China graft watchdog raps financial regulatorsBEIJING (Reuters) - China's main ruling Communist Party anti-graft watchdog has
China graft watchdog raps financial regulators
The Star / Posted 3 days ago
BEIJING (Reuters) - China's main ruling Communist Party anti-graft watchdog has criticised four financial regulators after its latest inspection, saying they had problems ranging from using public funds for holidays to lack of corruption risk... Read more
3d
Business Wire
Brief von Elliott an die Aktionäre der Bank of East Asia, Limited (HKEx Stock Code: 23)HONGKONG--(BUSINESS WIRE)--Elliott1 hat heute die Veröffentlichung des beigefüg
Brief von Elliott an die Aktionäre der Bank of East Asia, Limited (HKEx Stock Code: 23)
Business Wire / Posted 3 days ago
HONGKONG--(BUSINESS WIRE)--Elliott1 hat heute die Veröffentlichung des beigefügten Briefs an die Aktionäre der Bank of East Asia, Limited („BEA“) bekannt gegeben. Elliott hält eine Beteiligung von über 7 Prozent an der Bank of East Asia und ist der... Read more
2836 related stories
3d
Channel NewsAsia
Singapore’s 1MDB probe: Private banker to remit S$1.7m from foreign accountsSINGAPORE: A private banker whose bank accounts were frozen by Singapore author
Singapore’s 1MDB probe: Private banker to remit S$1.7m from foreign accounts
Channel NewsAsia / Posted 3 days ago
SINGAPORE: A private banker whose bank accounts were frozen by Singapore authorities as part of investigations related to Malaysia state fund 1Malaysia Development Berhad (1MDB) has been allowed to remit S$1.7 million from his foreign accounts... Read more
2 related stories
3d
Channel NewsAsia
China graft watchdog raps financial regulatorsBEIJING: China's main ruling Communist Party anti-graft watchdog has criticised
China graft watchdog raps financial regulators
Channel NewsAsia / Posted 3 days ago
BEIJING: China's main ruling Communist Party anti-graft watchdog has criticised four financial regulators after its latest inspection, saying they had problems ranging from using public funds for holidays to lack of corruption risk controls. The... Read more
3d
The Star
Singapore banker withdraws request to release funds frozen in 1MDB probeSINGAPORE: In a surprise turn of events, private banker Yak Yew Chee filed an a
Singapore banker withdraws request to release funds frozen in 1MDB probe
The Star / Posted 3 days ago
SINGAPORE: In a surprise turn of events, private banker Yak Yew Chee filed an application on Friday to withdraw his request to the Singapore High Court to release some of about S$10mil (RM29.58mil) in his bank accounts frozen by authorities here as... Read more
2 related stories
3d
Business Wire
Lettre d’Elliott aux autres actionnaires de Bank of East Asia, Limited (code boursier HKEx : 23)HONG KONG--(BUSINESS WIRE)--Elliott1 a annoncé aujourd’hui la diffusion de la l
Lettre d’Elliott aux autres actionnaires de Bank of East Asia, Limited (code boursier HKEx : 23)
Business Wire / Posted 3 days ago
HONG KONG--(BUSINESS WIRE)--Elliott1 a annoncé aujourd’hui la diffusion de la lettre ci-jointe aux autres actionnaires de Bank of East Asia, Limited (« BEA »). Elliott, qui détient une participation de plus de 7 % dans BEA, estime que le conseil... Read more
420 related stories
3d
National Post
Story | Business Wire News Releases | News | Financial PostHONG KONG--(BUSINESS WIRE)--Elliott1 a annoncé aujourd’hui la diffusion de la l
Story | Business Wire News Releases | News | Financial Post
National Post / Posted 3 days ago
HONG KONG--(BUSINESS WIRE)--Elliott1 a annoncé aujourd’hui la diffusion de la lettre ci-jointe aux autres actionnaires de Bank of East Asia, Limited (« BEA »). Elliott, qui détient une participation de plus de 7 % dans BEA, estime que le conseil... Read more
420 related stories
More

People in this news