Solar panels sit on a rooftop at the Shanghai Lingang industrial zone. The company that made them, Hongbo New Energy (HNE), had received a 525-million-yuan long-term loan at the end of last year from the New Development Bank (NDB), a financial institution jointly established by BRICS countries.
HSBCHoldingsPLConMondaysaidprofitgrew5percentinthesixmonthsthroughJuneandannounceditsthirdsharebuybackinayear,indicatingcontinuedprogressinthesix-yearturnaround
TheFitchRatingsannouncedthatithasassignedtheAsianInfrastructureInvestmentBank(AIIB)itshighestpossibleratingandastableoutlook.FitchprovidedtheAIIBwithalong-termi
Bitcoin, the primary cryptocurrency or digital currency, has been publicly traded in China only as a form of investment, but is not allowed to circulate as a legal currency by Chinese banking regulators.
SouthKoreanbankswilltightenloanstandardinthethirdquarteramidthegovernment'seffortstoreducehouseholddebtsandstabilizetherealestatemarket,acentralbanksurveyshowed
Britain'sCo-operativeBank(42RQ.L)saidonMondayitwasclosetoagreeingafinancialrescuepackagewithleadinginvestorsthatwouldshoreupitscapitalbaseandendmonthsofuncertai
AttackersshotandkilledthreepeopleinaraidonacommercialbankinnortheastKenya'sonFriday,policesaid.TwociviliansandapoliceofficerdiedintheattackinManderaCounty,polic
ThesecondphaseoftheCross-borderInterbankPaymentSystem(CIPS)willbelaunchedinShanghaitopromotetheglobaluseoftheChinesecurrencyandtheBeltandRoadInitiative.Theupcom
Barclays and four former top executives are facing criminal charges over its emergency fundraising at the height of the financial crisis.
Barclaysandfourformertopexecutivesarefacingcriminalchargesoveritsemergencyfundraisingattheheightofthefinancialcrisis.ThechargescentreoninvestmentssecuredfromQat
Barclaysandfourformertopexecutivesarefacingcriminalchargesoveritsemergencyfundraisingattheheightofthefinancialcrisis.ThechargescentreoninvestmentssecuredfromQat
The 18-month-old Asian Infrastructure Investment Bank (AIIB) has won acclaim for its good work from representatives of all over the world at its Second Annual Meeting of the Board of Governors held here through Saturday.
The18-month-oldAsianInfrastructureInvestmentBank(AIIB)haswonacclaimforitsgoodworkfromrepresentativesofallovertheworldatitsSecondAnnualMeetingoftheBoardofGoverno
TheChina-initiatedAsianInfrastructureInvestmentBank(AIIB)onFridayapprovedthemembershipofArgentina,theRepublicofMadagascarandtheKingdomofTongaatitssecondannualme
TheAsianInfrastructureInvestmentBank(AIIB)onFridayapprovedArgentina,theRepublicofMadagascar,andtheKingdomofTongaasitsnewmembers.ThedecisionwasmadeduringAIIB'sse
AsianInfrastructureInvestmentBank's2ndannualmeetingkickedoffonFridaymorninginSouthKorea,withmembersthrowingtheirsupportbehindtheParisclimateagreement.SouthKorea
The Bank of England decided to keep its interest rate at 0.25 percent following the Fed's decision on Wednesday ahead of the UK's departure from the European Union.
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