BEIJING (Reuters) -Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital. The recapitalisation aims ... ( read original story ...)
The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through financial markets at a level of shock unseen since the COVID-19 pummeled world markets in 2020. Trump ... ( read original story ...)
In China, relationships endure
China is fuelled by relationships. Maintaining a strong supply chain is not about chasing the lowest price this month ... ( read original story ...)
China’s 4 top state-owned banks to raise US$72 billion from stock sales to boost capital
The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks. ( read original story ...)
Piramal Finance raises Rs 2,300 crore via external commercial borrowing
The facility carries a tenor of three years and is fully hedged, ensuring mitigation of foreign exchange and interest rate risks, the press release added ... ( read original story ...)
OCBC’s Private Bank Seeks More Staff for Greater China Expansion
Oversea-Chinese Banking Corp.’s private-banking arm is considering adding between 20 and 30 relationship managers this year for its Greater China team, marking a substantial expansion in one of the ... ( read original story ...)
Video: LIVE: Shanghai stock market opens | REUTERS
Shanghai stock market opens | REUTERS [This post contains video, click to play] Source: YouTube Reuters ------------------------------------------------------ LiveTube | Latest Breaking News and Live ... ( read original story ...)