China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of
2023-11-28 08:53
China Asks Some Big Banks to Cap Rates on Short-Term Funding
China told a handful of nationwide lenders to cap interest rates on interbank funding, people familiar with the
2023-11-17 09:21
Top China Housing Official Urges Fresh Property Aid Efforts
China’s top housing official urged financial regulators and lenders to strengthen efforts to revive the country’s ailing property
2023-07-28 15:59
Goldman Called Out by China State Media for Bearish Bank Report
A state-owned Chinese newspaper issued a rare rebuttal of Goldman Sachs Group Inc. research after the securities firm’s
2023-07-07 10:59
Xi’s Central Bank Shakeup Prioritizes Continuity Over Big Change
Chinese President Xi Jinping’s elevation of a long-serving technocrat as the central bank’s top Communist Party official signals
2023-07-03 07:19
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
American pig farmers are losing so much money that some may soon start selling the corn they would
2023-06-22 23:53
Biggest Crypto Stablecoin Tether Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the
2023-06-16 21:27
China State Banks Cut Deposit Rates to Bolster Sluggish Economy
Some of China’s biggest banks lowered rates on a range of deposit products, responding to the government’s call
2023-06-08 08:58
Europe’s Top Asset Manager Eyes $25 Trillion China Pension Prize
After a roller-coaster year in China in which Amundi SA still eked out a profit, Europe’s biggest money
2023-06-07 15:26
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its
2023-06-01 11:18