China’s domestic gold production saw a decline in the first quarter of 2026, even as consumer demand for the precious metal shifted toward physical investment amid price volatility, according to a …
Tagged By financials
China’s April bank lending seen plunging amid soft credit demand: Reuters poll
BEIJING, May 8(Reuters) – China’s new bank lending likely plummeted to 300 billion yuan ($44.09 billion) in April, a Reuters poll showed on Friday, underscoring persistent weakness in credit demand …
UBS China Banking Co-Head Sun to Leave Firm After 17 Years
UBS Group AG’s co-head of China global banking plans to leave the firm after 17 years, according to a memo seen by Bloomberg News, the latest in a series of senior staff changes at investment…
China state banks to get major capital injection
China will roll out a fresh round of capital injections into its largest state-owned commercial banks through the issuance of special treasury bonds, a move set to significantly boost their lending …
Middle Eastern banks tap China growth by beefing up presence in Hong Kong
The UAE’s top lender and two other Middle Eastern banks are launching or expanding operations in Hong Kong, as they target better China …
China’s First Banking CIO Expelled Over Alleged Bribery
Bank of Communications Co. Ltd. (BOCOM) employed Hou Weidong as executive vice president and China’s first banking CIO (2004-2020). He was expelled for bribery in fintech resource allocation. The bank …
China Tightens Financial Tap on Iran Oil Trade Ahead of Trump-Xi Talks
China is quietly pulling back where it matters most: money. Regulators have told the country’s biggest banks to halt new lending to five refiners hit by fresh US sanctions over Iranian oil links, …
China Reportedly Tells Banks To Pause Loans To U.S.-Sanctioned Refiners
The guidance, issued verbally by financial regulators, applies to new yuan-denominated lending and does not affect existing credit lines.
China asks banks to pause new loans to US-sanctioned refiners
Tensions are escalating between the superpowers just weeks before a long-awaited meeting Read more at The Business Times.
China’s hold over the physical silver market looms large for 2026
As the primary financial, military, and cultural US rival in the battle for geopolitical supremacy, China has found itself outmaneuvered by President Donald Trump in the energy arena. US control over …
China’s chip fund in talks to lead DeepSeek’s first funding round
The AI startup could raise $3 billion to $4 billion and be valued as high as $50 billion, according to Reuters …
As PBOC Pulls Funds From China’s Banking System for Third Straight Month, Analysts See No Policy Shift
To maintain ample liquidity in the banking system, the People’s Bank of China said it will conduct a CNY300 billion (USD44 billion) three-month outright reverse repo operation today through an …
China’s ‘Teapot’ Refiners, Targeted by U.S., Offer Financial Lifeline to Iran
A sector that once rebelled against Beijing has grown into a critical tool for working around sanctions.
