News for Bank of China Limited (BACHF)

Chinese tech heavyweights JD.com and Ant Group are pressing the central bank to greenlight yuan-pegged stablecoins in Hong Kong, hoping to counter the rising

Stablecoins are digital tokens, in the form of cryptocurrencies pegged to liquid assets, so far mostly the U.S. dollar but also in some cases gold or other currencies. Their underlying blockchain technology enables instant, borderless and round-the-clock transfer of funds at low cost, giving them the potential to disrupt traditional cross-border payment systems.

'May was a wild ride for the gold market thanks to America's erratic trade policies, ' says Kar Yong Ang, a financial market analyst at Octa broker. 'Ever

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BEIJING/SHANGHAI (Reuters) -China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.S. trade war. The widely expected rate cuts are aimed at stimulating consumption and loan growth as the world's No. 2 economy softens, while still protecting commercial lenders' shrinking profit margins. Still, the size of the rate reductions was mild and reflected the incremental pace of monetary easing in recent years and what analysts interpreted as some wariness among policymakers for more aggressive steps while they navigate the trade war with the United States.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

In April 2025, gold is stealing the spotlight, smashing through record highs and leaving investors starry-eyed. Spot gold surged to $3,430.18 per ounce on

TNT prints customer statements and letters for DBS and the bank was informed about the ransomware attack on April 5. DBS said preliminary investigations reveal that most of the affected data pertains to accounts of DBS Vickers, the bank's trading platform, with the rest relating mainly to cashline loan accounts.

Agricultural Bank of China Limited (OTCPK:ACGBY) Q4 2024 Earnings Conference Call March 28, 2025 5:00 AM ETCompany ParticipantsWang Wenjing - Vice...

Bank of China (OTCPK:BACHF) reported a full-year generally accepted accounting principles (GAAP) earnings per share (EPS) of RMB 0.75. The bank's total revenue

Bank of China Limited (OTCPK:BACHF) Q4 2024 Earnings Conference Call March 26, 2024 7:00 AM ETCompany ParticipantsZhuo Chengwen - Secretary to the Board of...

HKEX Head of Platform & Market Structure Development, Glenda So, said: "We are delighted to be supporting the expanded use of onshore RMB bonds as

Rio Tinto has priced US$9.0 billion of fixed and floating rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will

Hang Seng Bank, a HSBC subsidiary Hong Kong–based banking and financial services company, has become one of the first banks to participate in the Renminbi Trade Financing Liquidity Facility (‘RMB TFLF’) introduced by the Hong Kong Monetary Authority (‘HKMA’).

PORT LOUIS, Republic of Mauritius, Feb. 19, 2025 /PRNewswire/ -- The Mauritius Commercial Bank Ltd successfully closed its first Dual Tranche Asia-focused Syndicated Term Loan of USD350m. Initially launched at USD300m, the facility was very well received and was oversubscribed two times from a total of 20 banks, allowing MCB to upsize the facility to USD350m subsequently. The proceeds of the Facility will be used by MCB for general corporate purposes.

Commodities Analysis by Charles-Henry Monchau covering: Gold Spot US Dollar, Gold Futures. Read Charles-Henry Monchau's latest article on Investing.com

So far this year, spot gold has risen 32% and spot silver has gained 11%.

Market volatility under US president Donald Trump and the rising appeal of yuan assets mean a boom for Standard Chartered Bank's capital markets and trading business this year, according to a senior executive. Trump's inflationary policy plans and tariff rhetoric on China and other countries are moving the markets - altering bets on interest rates, foreign exchange and credit, said John Thang, the bank's head of markets and strategic client management and solutions for Hong Kong and Greater Chin

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero