China's Bank of Communications Co Ltd (BoCom) on Friday reported a 4.5 per cent rise in first-half net profit. China's sixth-largest commercial bank by assets reported a net profit of 46.04 billion ... ( read original story ...)
Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speech
Asian shares are mostly falling, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the U.S. economy ... ( read original story ...)
Stock market today: Asian shares mostly rise after Wall Street rally
TOKYO (AP) — Asian shares mostly rose Thursday after Wall Street rallied to its best day since June after pressures from the bond market relaxed a bit. ( read original story ...)
China central bank boosts offshore bill sales to stabilise yuan, says ex-official
Increased yuan bill sales by China's central bank in Hong Kong this week helped tighten liquidity in the offshore market to help stabilise the yuan by making it expensive for speculators to short the ... ( read original story ...)
Stock market today: Global shares mostly rise after Wall Street rally
Global markets mostly rose Thursday after Wall Street rallied to its best day since June as pressures from the bond market relaxed a bit. The Bank of Korea's Monetary Policy Board left the base rate ... ( read original story ...)
Development bank to play bigger role in Global South
While the global economy is complicated by multiple challenges, including rising interest rates in developed countries and geopolitical conflicts, the New Development Bank should play a bigger role to ... ( read original story ...)
China Construction Bank H1 profit up 3.36%
BEIJING/SHANGHAI (Reuters) - China Construction Bank Corp (CCB), the first of the country's Big Five lenders to report half-year results this week, posted a 3.36% rise in first-half net profit on ... ( read original story ...)