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China's trillion-yuan bet: Bank's bold AI push to compete globally
On January 23, the Bank of China presented the "Action Plan for Supporting the Development of the Artificial Intelligence ...
Standard Chartered appoints new chair as bank navigates US-China tensions
Standard Chartered has appointed Maria Ramos as its new chair in what is expected to be the first part of a leadership ...
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The ...
thefinance12d
Bank of China and HSBC at 6% Dividend Yield – Are They a Good Buy
China’s “Big Four” banks had a remarkable year in 2024, delivering impressive returns despite a challenging macroeconomic environment characterised by sluggish economic growth, low consumption, and a ...
Foreign firms race to bank on China's booming ice & snow market
The eight-day Spring Festival holidays have become an "unprecedented" peak season for consumption amid various policies to ...
Trump's tariffs raise fears Brazil's central bank is out of step on inflation
Brazilian analysts say the tariffs announced by U.S. President Donald Trump against Canada, Mexico and China could cause a ...
The New York Times26d
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
In China, much of the public has lost confidence ... By temporarily suspending its own purchases of government bonds, the central bank is removing one source of demand for bonds.
Ex-Commerce Secretary Wilbur Ross says World Bank should be key target for Elon Musk’s DOGE spending cuts
Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as ...
China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
Unlike Canada and Mexico, China hasn't yet announced retaliatory tariffs after Trump unveiled his long-awaited levies on ...
Dollar strength more worrying to Asian markets than Trump’s China tariffs: Hang Seng Bank
The impact on Asian stocks from tariffs imposed on China by US President Donald Trump will be much more limited compared with ...