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Big Four banks more influential than BRICS' peers

BankofChina(BOC)wasrankedthefirstamongbanksofBRICScountriesinthenewlymodifiedBankInternationalizationIndex(BII),accordingtoareportjointlyreleasedbytheAcademyofI

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Report: Bank of China top Bank Internationalization Index among BRICS

TheAcademyofInternetFinance(AIF)ofZhejiangUniversityreleasedtheir2017ReportonBankInternationalization,inpartnershipwiththeInternationalMonetaryInstitute(IMI)ofR

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Chinese banks halt transactions for DPRK

BranchesofChina'sbiggestbankshavesuspendedfinancialtransactionsforDPRK,employeestoldAFP,suggestingthatBeijinghaspursuedstrongermeasuresagainstitsnuclear-armedal

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Philippines: World Bank – AIIB project up for implementation in 2018

ByAPDwriterMeloM.AcunaMANILA,Sep.1(APD)–TheWorldBankGroupwillsoonimplementitsMetroManilaFloodManagementProjectunderaco-financingarrangementwithChina-basedAsianI

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Top 10 world's most profitable companies in 2017

Appleremainstheworld'smostprofitablecompanythisyear,evenasitsannualprofitsdeclined14.4percentinthemostrecentfinancialyear,accordingtoFortunemagazine.China's"Big

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Doubts about Trump's agenda seen accelerating U.S. dollar decline

TheoutlookfortheU.S.dollarturnedevenmorebearishonTuesdayafterhealthcarereformlegislationagainfailedtopassinCongress,castingfurtherdoubtonwhethertheTrumpadminist

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Belt and Road Initiative promotes inclusive growth of global economy

ProjectsbroughtbytheBeltandRoadInitiativewillcreatedevelopmentopportunitiesforthecountriesandregionsinvolved,whichisanewengineforworldeconomicgrowth,LisaRobinsf

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China's giant search engine Baidu banks on strategic partnership

China'smajorinternetsearchengineBaiduIncannouncedastrategicpartnershipwithAgriculturalBankofChinaLtdonTuesday,tobuildintelligentbankthatusesbigdata,artificialin

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UAE central bank orders to freeze accounts related to 'terrorism' list

TheUnitedArabEmiratescentralbankhasinstructedlocalbankstostopdealingwith59individualsand12entitieswithallegedlinkstoQatarandtofreezealltheirassets,thestatenewsa

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World's top 10 biggest public companies

A Chinese banking giant, Industrial and Commercial Bank of China, has been crowned the largest public company in the world, according to the 2017 Forbes Global 2000 ranking.

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World Bank forecasts 2017 global growth at 2.7%

TheWorldBankonSundaymaintaineditsforecastthatglobalgrowthwillimproveto2.7percentin2017,citingapickupinmanufacturingandtrade,improvedmarketconfidenceandarecovery

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German's Deutsche Bank to support China's Belt and Road initiative

Germany'sbiggestlender,DeutscheBank,saidWednesdayitwouldsupportthreebillionUSdollars'worthofdevelopmentprojectsinpartnershipwithChinaDevelopmentBank(CDB).Thenew

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Bank of China gets license to open first branch in Pakistan

ISLAMABAD,May13(APD)--TheStateBankofPakistan(SBP)hasissuedalicensetoBankofChina(BoC)toopenitsfirstbranchinPakistan,anofficialstatementsaidonSaturdayevening.Acco

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Risks on Belt & Road loans controllable: bank officials

ChineseloanstocountriesandregionsalongtheBeltandRoadwillnotaddtolocaldebtburden,whilerisksrisingfromsuchloansareundercontrol,bankofficialssaidThursday.DingXiang

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India to Cut Bank Capital Infusion Target This Fiscal Year

India may cut the amount of capital it plans to inject into state-controlled lenders this fiscal year by as much as 78 billion rupees ($1.2 billion) because of slow loan growth, people with knowledge of the matter said.

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Israel's controversial outpost bill sparks fears for peace process

​Thousands of settlers and their supporters were gathering over the weekend in Amona, a hilltop illegal Jewish outpost in the West Bank, preparing to barricade themselves and confront the Israeli security forces who are expected to evict them next week.

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Israeli bills draw Palestinian warning

A senior Palestinian official has said his government will go to the UN to stop what he called a series of "escalatory measures" by Israel.