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
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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
1970-01-01 08:00
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
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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.
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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
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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
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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,
1970-01-01 08:00
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
1970-01-01 08:00
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
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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
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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
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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
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