Agricultural Bank of China (OTCPK:ACGBY) had declared $0.4001/share semi-annual dividend. Payable Feb. 10; for shareholders of record Jan. 3; ex-div Jan. 3. See ACGBY Dividend Scorecard, Yield Chart, …
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Sales surge in 2024 for Chinese EV giant BYD
Leading Chinese electric car maker BYD’s vehicle sales surged in 2024, the company said in a statement, as the firm grows its overseas presence.BYD’s figures come after global EV sales hit a record 1.
Putin orders Russian government, top bank to cooperate with China on AI tech
Putin told the government and state-owned Sberbank to “ensure further cooperation with the People’s Republic of China in technological research and development in the field of artificial intelligence.
U.S. Treasury Hacked—FBI Investigation Underway, China Suspected
An FBI investigation is underway after the U.S. Treasury was hacked by suspected state-sponsored actors affiliated with the Chinese government.
Chinese hackers accessed workstations and documents in a ‘major’ cyber incident, Treasury says
The Treasury Department says Chinese hackers remotely accessed several employee workstations and unclassified documents after compromising a third-party software service provider.
Xi Jinping says China’s 2024 GDP growth set to hit target of around 5%
China’s GDP is expected to grow around 5% in 2024 as President Xi Jinping indicates stable economic progress and effective risk management. Xi emphasizes continued support into 2025, despite external …
Top Republican demands ‘costs’ for China after it hacked Treasury Dept in year marked by CCP espionage
China was behind a ‘major’ hack of the Treasury Department, the Biden administration said Monday, gaining access to unclassified documents and the workstations of government employees.
Xi says China must apply ‘more proactive’ macroeconomic policies in 2025
President Xi Jinping said China will put in place “more proactive” macroeconomic policies next year, state media reported, as he addressed a top political advisory body on Tuesday.”We must… further …
For China to Revitalise Its Economy, It Must Rekindle the Entrepreneurial Spirit.
China’s leadership has acknowledged the need to prioritize consumption and foster entrepreneurship, but these goals require deeper systemic reforms and a bolder embrace of risk-taking to reignite …
China’s central bank to conduct second SFISF operation
BEIJING — China’s central bank said Tuesday that it would conduct the second operation of the Securities, Funds and Insurance companies Swap Facility (SFISF) soon, which aims to support the healthy …
Xi Says China’s 2024 GDP Growth Set to Hit Target of Around 5%
China’s gross domestic product is expected to expand around 5% for the full year of 2024, President Xi Jinping said, signaling the world’s second-largest economy is on track to meet its official …
China factory activity grows more slowly, services recover
China’s manufacturing activity barely grew in December though services and construction recovered, an official survey showed on Tuesday, suggesting policy stimulus is trickling into some sectors as …
Chinese hackers infiltrate US Treasury in major cyberattack, officials tell Congress
A China state-backed actor successfully breached US Treasury Department workstations and accessed “unclassified” documents via a cloud service intrusion earlier this month, officials …
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