Highlighting the risk of the merger drive creating bigger troubled banks, Liaoshen Bank inherited large amount of soured ...
China oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts ...
Chinese companies are enticing investors with record dividend payouts, with some market watchers saying more are on the ...
China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
The largest banks in the world play a crucial role in the global economy. They facilitate international trade, provide business loans, and offer financial services to millions of customers worldwide.
China and India have agreed to resume direct commercial flights for the first ... “Is there a chance to make it to Holi in March?” he wondered. Passengers were previously able to travel ...
China and the U.K. right now have the opposite problem. For China, the issue is growth, and the market signal has been plummeting bond yields BX:AMBMKRM-30Y in spite of promises by the country’s ...
Implementation of such a policy will also create the much-needed employment opportunities. It is ironic that now the services sector, instead of the industrial sector, contributes more to the ...
Reuters poll had estimated a reading of 50.1. China's industrial profits in 2024 fell ... since March 2020 during the Covid-19 pandemic. They had dropped 7.3% on year in November and 10% in ...
Separately, China's industrial profits jumped 11% in December from a year earlier. Corporate profits have been recovering from a sharp 27% year-on-year plunge in September — their steepest drop ...
"They don’t actually have the money," Musk wrote. "SoftBank has well under $10B secured. I have that on good authority," Tesla CEO wrote in another post. He also echoed a sentiment shared by an ...