![ICBC Tells Clients to Reroute Some Trades After Cyber Issue](/i/c/1e2b4723-909b-b99e-1763-46c16b0e4abf.webp)
ICBC Tells Clients to Reroute Some Trades After Cyber Issue
Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes
2023-11-10 09:20
![ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks](/i/c/d4f9bff2-a624-a4d6-b8bc-da117f3a76a4.webp)
ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks
Industrial & Commercial Bank of China Ltd. is suspected of being hacked by the same group that has
2023-11-10 07:20
![China Slips Back Into Deflation as Recovery Remains Fragile](/i/c/e7629e88-ab29-38bc-cda0-b3cab536c21e.webp)
China Slips Back Into Deflation as Recovery Remains Fragile
China slid back into deflation in October, highlighting the country’s struggle with shoring up growth through domestic demand.
2023-11-09 10:17
![China’s Central Bank Vows Liquidity Help for Debt-Laden Regions](/i/c/61176a38-4f48-d583-7edb-a7559c5490f3.webp)
China’s Central Bank Vows Liquidity Help for Debt-Laden Regions
China will provide emergency funding to heavily indebted local governments as needed, central bank Governor Pan Gongsheng said
2023-11-08 12:17
![US Presses China for More Yuan Transparency as Yellen Meeting Looms](/i/c/99c5e3aa-e514-3a7b-3d9a-55521f3b7365.webp)
US Presses China for More Yuan Transparency as Yellen Meeting Looms
The US Treasury reiterated its call for greater transparency in how Beijing conducts its exchange-rate policy and said
2023-11-08 05:29
![China’s Housing Slump Shrinks Role as Growth Driver, Research Says](/i/c/5e5e72a4-5f05-7940-a998-b99627c4ef42.webp)
China’s Housing Slump Shrinks Role as Growth Driver, Research Says
China’s prolonged housing slump means the real-estate sector is driving less growth and contributing to the economic slowdown,
2023-11-07 18:55
![China’s Manufacturing Activity Contracts, Private Survey Shows](/i/c/f31b96fa-d138-a230-4983-37b425911564.webp)
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:50
![China’s Central Bank Drains Liquidity After Overnight Rate Surge](/i/c/2d148149-dcc6-016d-4463-df9eff0361a1.webp)
China’s Central Bank Drains Liquidity After Overnight Rate Surge
China’s central bank withdrew cash from the financial system, suggesting it sees Tuesday’s abrupt surge in short-term borrowing
2023-11-01 10:26
![PBOC Vows More Liquidity After Surge in China Money Market Rates](/i/c/e2e663f7-0fbb-178e-5bb8-528f81fa09e6.webp)
PBOC Vows More Liquidity After Surge in China Money Market Rates
The People’s Bank of China will likely inject ample liquidity into the money market after interest rates surged
2023-11-01 04:23
![Xi Seen Tightening Grip on Finance at Twice-a-Decade Conference](/i/c/9e32a9cd-ceca-bfe6-77be-b9846b8040f1.webp)
Xi Seen Tightening Grip on Finance at Twice-a-Decade Conference
President Xi Jinping is set to further tighten his control of China’s $61 trillion financial industry as he
2023-10-30 08:27
![China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps](/i/c/ba2d448f-5f94-1e84-f7d7-c7d4f5d0a326.webp)
China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps
President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making
2023-10-25 15:29
![China Stimulus to Make ‘Big Impact,’ Ex-PBOC Official Says](/i/c/d6c749cf-175a-d21f-9033-06683bd8219b.webp)
China Stimulus to Make ‘Big Impact,’ Ex-PBOC Official Says
The stimulus plan that China just rolled out will boost new areas of the economy while avoiding funneling
2023-10-25 13:26