Chinese banks have been battling pressure on their margins caused by central bank interest rate cuts to stimulate the economy …
FINANCE
Trump tariffs live updates: China pushes back on US chip dominance; Carney signals tariff review
Meanwhile, Canadian Prime Minister Mark Carney said he will look at ways to lift some counter-tariffs on the US despite his campaign to resist Trump’s trade war. President Trump o …
HSBC to keep the highest yield among Greater China region’s banks, JPMorgan analysts say
The 160-year-old bank, which traces its roots to Hong Kong and Shanghai, is likely to return between 9 per cent and 11 per cent to shareholders in 2025, says JPMorgan.
China’s Policy Banks Rush to Issue Bonds Before Tax Deadline
China’s policy banks have embarked on a bond-issuance spree in an effort to lock in lower yields before the reinstatement of a value-added tax on interest income later this week.
Ant Digital Unveils Financial AI Model as China’s LLM Race Reaches Banking Sector
Ant Digital’s financial AI ambitions reflect a broader shift among Chinese tech firms towards domain-specific LLMs. With foundational models reaching diminishing returns in general capabilities, …
Trump targets tariff evasion, with eye on China
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used — by Chinese companies or others — to circumvent …
China allocates 1b yuan to disaster relief efforts
BEIJING — China has allocated disaster relief funds totaling 1.015 billion yuan (about $142 million) to multiple provincial-level regions, the Ministry of Finance (MOF) said on Tuesday. The funds …
China’s independent oil firms elbow into Iraq’s majors-dominated market
China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by …
China pledges more financial support for advanced manufacturing
China issued guidelines on Tuesday to boost financial support for advanced manufacturing, saying it would encourage banks to provide more medium- and long-term financing to industries such as …
China vows to step up financial support for key industrial sectors
China on Tuesday issued guidelines on financial support for key industrial sectors, vowing to guide banks to provide medium- and long-term financing for industries such as integrated circuits and …
Asian Growth Stocks Insiders Are Eager To Own
As global markets grapple with trade policy uncertainties and economic slowdowns, the Asian market remains a focal point for investors seeking growth opportunities. In this context, companies with …
Asian Market Value Picks: 3 Companies That May Be Trading Below Intrinsic Estimates
Amidst global economic uncertainties and fluctuating trade policies, Asian markets have shown resilience, with varying impacts on indices across the region. This environment presents opportunities for …
China’s Services Sector Activity Accelerates
A private gauge of China’s services sector showed activity expanded at the fastest pace in more than a year in July, as demand improved during the summer travel rush.