By Liz Lee BEIJING, Aug 28 (Reuters) – Chinese authorities have assessed that risks from an overflowing lake formed after a glacier collapse that triggered catastrophic flooding on the China-Nepal …
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Bank of China posts 5.1% rise in first-half profit
SHANGHAI, Aug 28 (Reuters) – Bank of China, China’s fourth-largest commercial bank, reported on Friday a 5.1% rise in first-half net profit. Net profit reached 123.594 billion yuan ($18.39 billion) in …
China’s ICBC, world’s biggest bank, posts 3.3% profit rise in first half
SHANGHAI, Aug 28 (Reuters) – Industrial and Commercial Bank of China, the world’s largest lender by assets, reported on Friday a 3.3% rise in first-half net profit. Net profit reached 173.682 billion …
China’s Major Banks Post Higher Profits as Margin Squeeze Eases
China’s biggest state-owned lenders reported higher first-half profits as stabilizing net interest margins offered respite after years of earnings pressure from property debt risks and sluggish credit …
China triples its e-CNY network in 2026 as 8 more banks join the CBDC push this week
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week.
Overflowing lake adds new danger to desperate rescue efforts following China-Nepal disaster
Already harrowing rescue efforts along the China-Nepal border are being complicated by the risk of new flooding or landslides, with authorities in China and Nepal pausing rescue efforts Friday due to …
China home prices seen falling slightly less this year, property investment slump deepens: Reuters poll
(Corrects to Q3 global Reuters housing poll from Q2 in the last paragraph) By Liangping Gao and Ryan Woo BEIJING, Aug 28 (Reuters) – China’s home prices were expected to fall slightly less this year…
Trump ratchets up rhetoric against Beijing as US.-China officials meet for Xi’s Washington visit
U.S. and Chinese officials met in Beijing this week, despite the White House’s tough talk on China.
Death toll rises in Nepal-China border disaster as lake poses new flood threat
The death toll from massive flash floods has risen to 469 in Nepal, police said Friday, as rescuers work to find hundreds of people still missing in the area on the Nepal-China border. The previous…
How DeepSeek founder’s quant empire is taking on China’s choppy IPO boom
High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China’s red-hot IPO market.
DeepSeek looks for fresh capital as founder’s quant empire navigates China’s choppy IPO market
High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China’s red-hot IPO market.
DeepSeek founder targets China’s IPO boom with quant strategies
DeepSeek founder Liang Wenfeng is pivoting High-Flyer hedge fund toward China’s tech IPO market while preparing DeepSeek for a 2027 STAR Market …
Trump ratchets up rhetoric against Beijing as U.S.-China officials meet for Xi’s Washington visit
China’s official response to U.S. secondary Iran sanctions has also been muted so far. Beijing responded by saying it would “take all necessary measures” to protect itself, but did not elaborate on …
