The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in ...
Global investors have waited a long time for Beijing to acknowledge "enough is enough" and save its ailing economy. Despite a ...
China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending ...
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the ...
China's central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower ...
which benefits from industrial policies in China that are roiling the Trump administration. Chinese investors have come to expect that Beijing will step in to help any bank when troubles mount.
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest ...
China has rolled out a raft of measures aimed at countering a prolonged downturn in its property market that is dragging on the world's second largest economy ...
Liu Jin has resigned as the vice-chairman and president of China’s largest global bank, in a surprise move five months after his reappointment to the lender’s top executive job. Liu resigned ...
China’s central bank has conducted its first treasury bond trade in nearly two decades in open markets, debuting a long-awaited monetary tool to help manage the domestic bond market and ...
Bank of China announced the appointment of Zhao Rang as its chief risk officer. Rang was most recently the chief business and management officer of the bank. She had joined in 1998.
Bank of China Ltd. announced its first interim dividend since listing in 2006, even as it reported profit growth is faltering. The state-owned lender will distribute 1.208 yuan ($0.17) per 10 ...