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BlackRock CCB Wealth, the joint venture between US asset manager BlackRock and an affiliate of China Construction Bank, recently saw its AUM nearly double to CNY51.3 billion (USD7.2 billion) from last ...
A dozen House Republicans bucked Trump and Speaker Mike Johnson to prevent the legislation from advancing on the floor -- ...
Chinese banks extended 2.24 trillion yuan ($312.45 billion) in new loans in June, more than triple the amount in May and ...
Australian Prime Minister Anthony Albanese has kicked off a visit to China meant to shore up relations between the two ...
Shanghai State-owned regulator held a meeting to discuss strategic responses to stablecoins amid growing calls to develop a stablecoin pegged to the Chinese yuan.
China’s Chang’an blockchain hits 100K TPS — but don’t mention “crypto.” Japan’s Minna Bank looks to issue stablecoins on ...
Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of ...
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 ...
In a first for the continent, Standard Bank Corporate and Investment Banking is the first authorised bank to offer transactions through China’s Cross-Border Interbank Payment System (CIPS).
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