ICBC Tells Clients to Reroute Some Trades After Cyber Issue
Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes
2023-11-10 09:20
ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks
Industrial & Commercial Bank of China Ltd. is suspected of being hacked by the same group that has
2023-11-10 07:20
China Slips Back Into Deflation as Recovery Remains Fragile
China slid back into deflation in October, highlighting the country’s struggle with shoring up growth through domestic demand.
2023-11-09 10:17
China’s Central Bank Vows Liquidity Help for Debt-Laden Regions
China will provide emergency funding to heavily indebted local governments as needed, central bank Governor Pan Gongsheng said
2023-11-08 12:17
US Presses China for More Yuan Transparency as Yellen Meeting Looms
The US Treasury reiterated its call for greater transparency in how Beijing conducts its exchange-rate policy and said
2023-11-08 05:29
China’s Housing Slump Shrinks Role as Growth Driver, Research Says
China’s prolonged housing slump means the real-estate sector is driving less growth and contributing to the economic slowdown,
2023-11-07 18:55
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:50
China’s Central Bank Drains Liquidity After Overnight Rate Surge
China’s central bank withdrew cash from the financial system, suggesting it sees Tuesday’s abrupt surge in short-term borrowing
2023-11-01 10:26
PBOC Vows More Liquidity After Surge in China Money Market Rates
The People’s Bank of China will likely inject ample liquidity into the money market after interest rates surged
2023-11-01 04:23
Xi Seen Tightening Grip on Finance at Twice-a-Decade Conference
President Xi Jinping is set to further tighten his control of China’s $61 trillion financial industry as he
2023-10-30 08:27
China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps
President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making
2023-10-25 15:29
China Stimulus to Make ‘Big Impact,’ Ex-PBOC Official Says
The stimulus plan that China just rolled out will boost new areas of the economy while avoiding funneling
2023-10-25 13:26