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 12:54
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 10:19
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 10:20
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 21:49
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 14:50
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 06:15
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 13:58
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 10:25
China Pumps Cash Into Banking System to Support Stimulus Funding
China injected cash into the banking system with one-year policy loans for a 12th straight month, as funding
2023-11-15 09:50
ICBC Flies Top Executives to US in Race to Contain Hack Fallout
Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s
2023-11-14 09:19
China Economy Likely Struggled to Gain Traction Despite Stimulus
China’s economic activity probably faltered in October, with numbers that look good relative to last year seen masking
2023-11-14 07:49