Thursday Mar 13
The Washington Post
China's Big Four Lenders See $70 Billion Vanish From Stocks
China's four-biggest lenders, which reported $126 billion of earnings in the 12 months through September, sank to the lowest valuations on record in Hong Kong trading yesterday.
Trending on the Topix Network
Wed Mar 12, 2014
Singapore gains traction in offshore yuan market share war as deposits hit 200 bln renminbi
Yuan deposits in Singapore jumped 70 percent in the last nine months of 2013, according to figures released on Thursday, as the city-state starts to make headway in its efforts to become a major offshore trading centre for the Chinese currency.
Mon Mar 10, 2014
International Business Times
New Zealand Economy to Gain from China's Plan to Rebalance Economy
An employee counts U.S. dollar banknotes as yuan banknotes are seen at a branch of the Industrial and Commercial Bank of China in Huaibei, Anhui province in this May 25, 2010 file photo.
Sun Mar 09, 2014
Customer Interaction Solutions
Time to show more online interest [China Daily: Hong Kong Edition]
Supervision is needed to regulate the Internet finance sector from excessive exposure to risks Internet finance is one of the hot topics that figure prominently at the annual "two sessions" of China's top legislators and political advisers.
Thu Mar 06, 2014
China needs to curb risks posed by booming online finance- former ICBC president
China needs to regulate booming online financial services firms to curb the risks they pose to the wider financial sector, said former president of Industrial and Commercial Bank of China, Yang Kaisheng on Thursday.
Mon Mar 03, 2014
Chinese Banks Show Too-Connected-to-Fail Link With Shadow Loans
Customers at a branch of ICBC in Xing county, central Chinas Henan province, on Jan. 26, 2014.
Sun Mar 02, 2014
The Columbus Dispatch
JPMorgan keeps eye on rivals of all sorts
Jamie Dimon, who built JPMorgan Chase & Co. into the world's biggest investment bank, said threats to its dominance may come from Beijing, Silicon Valley and a San Francisco-based rival with a stagecoach logo.
Thu Feb 27, 2014
China Stocks Fall Before NPC Meeting as Yuan Posts Biggest Drop
China's stocks fell, sending the benchmark index toward its biggest weekly loss in two months, as the yuan posted its steepest one-day loss ahead of next week's National People's Congress meetings.
Wed Feb 26, 2014
China's major banks have not tightened lending in property sector - Xinhua
China's major lenders have not tightened or halted their property-related lending business, the official Xinhua news agency said, after local media reported that some banks had stopped lending to real estate developers.
Tue Feb 25, 2014
Emerging market firms out of favour
For the first time since 2005, only one developing nation company, PetroChina, is among the top 20 by market value as equity investors pull money out of the countries.
Mon Feb 24, 2014
ICBC Offers First Dollar Bond Since Troubled China Trust Bailout
Industrial & Commercial Bank of China Ltd. , the country's largest lender, is marketing its first U.S. dollar-denominated bond since the near-default of a trust as yield premiums in Asia reach a two-month low.
Investors Selling on Real Estate 'Panic' in China
One securities firm cited a "panic mood" on the Shanghai, Shenzhen and Hong Kong exchanges among property market investors.
Sun Feb 23, 2014
China banks strike back against threat from Internet finance
China's brick-and-mortar banks are launching a counter-attack against the assault on their business from Alibaba and other Internet heavyweights, in a bid to staunch the outflow of bank deposits into high-yielding online investment products.
Sat Feb 22, 2014
South China Morning Post
Let market forces work their magic on China's trust industry
Industrial and Commercial Bank of China sold the "Credit Equals Gold #1" investment scheme on behalf of a shadow-banking outfit.
Thu Feb 20, 2014
People's Daily Online
ICBC's Singapore branch makes cross-border loans in Shanghai free trade zone
The Singapore Branch of the Industrial and Commercial Bank of China said it has made two cross-border yuan loans to two firms based in Shanghai's pilot free trade zone on Thursday, shortly after an announcement by China's central bank to allow such transactions.
China Seeks Seat On Gold Fix Table. What Does It Mean For The Gold Price?
This week reports emerged that South Africa's Standard Bank was in negotiations to take Deutsche Bank's seat at something known as the London fix: the group of banks who chair the price-setting mechanism for the global gold benchmark.
UPDATE 1-China, UK discuss setting up yuan clearing bank in London - Osborne
The British and Chinese governments are in active discussions about setting up a clearing bank in London for China's currency, a milestone that will put the city in a leading position to offer yuan trade business in Europe.
Wed Feb 19, 2014
The Washington Post
Asian Stocks Decline as China Manufacturing Gauge Retreats
Asian stocks fell, dragging the regional benchmark index down from an almost one-month high, after a Chinese manufacturing index dropped more than estimated.
Tue Feb 18, 2014
Eoc Limited: Eoc Inks Us$200M Sale & Leaseback Deal with Icbc Financial Leasing
EOC Limited , one of Asia's leading providers of offshore production services to the oil and gas sector, has successfully signed a US$200 million sale & leaseback arrangement for the Lewek Champion with a unit of ICBC Financial Leasing Co.
China Trust Investors Demand More Funds From ICBC After Bailout
Chinese investors in a troubled high-yield trust product who were bailed out last month gathered at Industrial & Commercial Bank of China Ltd. 's Shanghai branch to demand more interest payments.