China’s central bank explores stablecoins for cross-border payments despite crypto ban. This follows US moves to regulate and promote dollar-backed stablecoins.

Bank of China has stable funding. The company's deposits represent nearly 77% of total liabilities, about 40% of which are kept as low-cost demand deposits. Both ratios remained relatively steady over ...

The adoption of new capital rules since 2024 has boosted ABC's total capital adequacy ratio and core Tier 1 ratio to 18.19% and 11.42%, respectively, in 2024. Such levels are higher than the 11.5% and ...

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told ...

Toxicology report shows Angela Chao, sister-in-law of Sen. Mitch McConnell, was drunk when she backed her Tesla into a pond and drowned.

Angela Chao, the chief executive of a shipping company and part of a prominent family in American politics, was legally intoxicated when she drove into a pond in Texas and died last month ...

Angela Chao, the chief executive of a shipping company and the sister of former Transportation Secretary Elaine Chao, was intoxicated when she drove into a Texas pond and died last month ...