World’s Biggest Bank Forced to Trade Via USB Stick After Hack
On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a
2023-11-10 11:22
ICBC Tells Clients to Reroute Some Trades After Cyber Issue
Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes
2023-11-10 09:15
ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks
Industrial & Commercial Bank of China Ltd. is suspected of being hacked by the same group that has
2023-11-10 07:24
China Slips Back Into Deflation as Recovery Remains Fragile
China slid back into deflation in October, highlighting the country’s struggle with shoring up growth through domestic demand.
2023-11-09 10:28
China’s Central Bank Vows Liquidity Help for Debt-Laden Regions
China will provide emergency funding to heavily indebted local governments as needed, central bank Governor Pan Gongsheng said
2023-11-08 12:22
US Presses China for More Yuan Transparency as Yellen Meeting Looms
The US Treasury reiterated its call for greater transparency in how Beijing conducts its exchange-rate policy and said
2023-11-08 05:29
China’s Housing Slump Shrinks Role as Growth Driver, Research Says
China’s prolonged housing slump means the real-estate sector is driving less growth and contributing to the economic slowdown,
2023-11-07 18:45
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:51
China’s Central Bank Drains Liquidity After Overnight Rate Surge
China’s central bank withdrew cash from the financial system, suggesting it sees Tuesday’s abrupt surge in short-term borrowing
2023-11-01 10:22
PBOC Vows More Liquidity After Surge in China Money Market Rates
The People’s Bank of China will likely inject ample liquidity into the money market after interest rates surged
2023-11-01 04:19
China’s Gold Appetite To Stay Strong Through 2023, Council Says
China’s appetite for gold will stay strong through the rest of 2023, the World Gold Council said, just
2023-10-31 14:56
Xi Seen Tightening Grip on Finance at Twice-a-Decade Conference
President Xi Jinping is set to further tighten his control of China’s $61 trillion financial industry as he
2023-10-30 08:18