China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
2023-11-21 13:59
China Guides Banks to Cap Early 2024 Loans, Shift Some Forward
China’s central bank has encouraged lenders to cap the amount of new loans they issue in early 2024
2023-11-21 12:57
China’s Yuan Rises Above PBOC’s Fix for First Time Since July
China’s yuan strengthened beyond its daily reference exchange rate for the first time in four months, getting some
2023-11-21 10:17
Chinese-Owned MMG Snaps Up Botswana Copper Mine for $1.9 Billion
A unit of state-owned China Minmetals Corp. bought a copper mine in Botswana for about $1.9 billion, ending
2023-11-21 08:59
Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold
China’s commercial lenders held their benchmark lending rates steady on Monday, in line with the central bank’s decision
2023-11-20 10:28
Hackers Are Exploiting a Flaw in Citrix Software Despite Fix
A critical flaw in software from Citrix Systems Inc., a company that pioneered remote access so people can
2023-11-19 21:47
China Asks Some Big Banks to Cap Rates on Short-Term Funding
China told a handful of nationwide lenders to cap interest rates on interbank funding, people familiar with the
2023-11-17 09:24
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:57
Palo Alto Networks Slips After Missing Billings Estimate
Cybersecurity firm Palo Alto Networks Inc. tumbled after missing Wall Street estimates for billings in its fiscal first
2023-11-16 06:27
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may
2023-11-15 13:57
Wanda Pre-IPO Backers Reject Initial Offer for Repayment Delay
Investors in Dalian Wanda Group Co.’s mall unit have turned down an initial proposal by the Chinese conglomerate
2023-11-15 10:20
China’s Economic Activity Mixed as Beijing Steps Up Support
China’s economic activity was mixed in October as consumer spending and industrial output picked up, while investment growth
2023-11-15 10:17