The Industrial and Commercial Bank of China (ICBC), the world’s biggest lender in terms of total assets, said full-year profit grew 2.8 percent to 286.05 billion yuan ($45 billion). Agricultural Bank of China (ABC) said…
Tagged By finance
Train’s arrival in Beijing raises speculation of Kim visit
BEIJING (AP) — Speculation about a visit to Beijing by North Korean leader Kim Jong Un or another high-level Pyongyang official was running high Tuesday amid talk of preparations for a meeting between the North’s…
The Latest: Convoy seen in Beijing arriving at train station
BEIJING (AP) — The Latest on a possible North Korean visit to China (all times local): 3 p.m. A vehicle convoy has been seen entering the Beijing train station under heavy security amid speculation of…
China names reformist Guo Shuqing central bank Communist Party chief, vice governor
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been appointed the Communist Party chief and deputy governor of the People’s Bank of China (PBOC), official publication…
BRIEF-China Development Bank Financial Leasing Posts FY Profit Attributable Of RMB2.13 Bln
* BOARD RECOMMENDED TO DISTRIBUTE A FINAL DIVIDEND OF RMB0.7585 PER 10 ORDINARY SHARES Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
Asiamoney China retail banking awards 2018
It can be hard to understand the sheer size of China’s banking system. At the end of January, Chinese commercial banks had Rmb248.9 trillion ($39.35 trillion) of assets. Four of the world’s five largest banks…
Asiamoney China private banking awards 2018: A time of rapid growth
As ever in this country, the numbers are extraordinary – whether it’s rate of growth or just the overall total. But Asiamoney has identified China’s best banks in 2018 to help high net-worth individuals with…
China names reformist Guo Shuqing as central bank’s Communist Party chief and vice governor
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been appointed the Communist Party chief and deputy governor of the People’s Bank of China (PBOC), official publication…
Air China to Launch New Beijing-Houston-Panama City Route
BEIJING, March 26, 2018 /PRNewswire/ — On 5 April, 2018 Air China will launch a new route from Beijing to Panama City via Houston. The new route is expected to greatly facilitate exchanges between both…
China to Name Reformer Guo Shuqing as Party Secretary of Central Bank
BEIJING—China has picked a reform-minded financial regulator to be the party secretary of the central bank, according to people familiar with the matter, a move that could bolster momentum for financial overhauls. Guo Shuqing, who…
China to name reformer Guo Shuqing as central bank party chief: sources
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, can be expected to also be installed soon in the role of Communist Party chief of the People’s Bank…
China’s new central bank chief pledges steady opening of financial sector
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing risks through regulation and supervision, the new central bank governor said on Sunday. In his first…
China will steadily advance financial reforms, open sector: Central bank governor
In his first public speech since becoming central bank chief last week, Yi Gang told the China Development Forum in Beijing that opening up leads to progress while closure points to backwardness. The sector’s opening…
