China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the ...
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China boasts about zero-tariff diplomacy towards developing economies and says it will not be intimidated by Trump's "blackmail"
The Chinese Ministry of Commerce states that "the US imposition of reciprocal tariffs on China is unfounded and constitutes a ...
China cenbank says it supports sovereign wealth fund stepping in to support stocks
China's central bank said on Tuesday it supported sovereign wealth fund Central Huijin Investment increasing its holdings in ...
China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
Fitch raises China major state banks ratings
Global ratings agency Fitch revised outlooks for China's five major state banks and China Merchants Bank to stable from ...
FTSE 100 LIVE: Stocks rebound as China accuses US of 'blackmail' over 50% tariffs
Anxieties remain about president Donald Trump's global tariff policies, with the US president threatening additional 50% ...
The Largest Financial Companies by Market Cap in April 2025
Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) is the top company in the financial sector, far ahead of JPMorgan Chase and Visa . Big banks in the U.S. and China make up most of the ...
Trump Tariff’s hurt regional, Canada banks but China’s less so
President Donald Trump’s “Liberation Day” tariffs will likely hurt US regional and Canadian banks, while Chinese banks’ ...
China Maintains Support for Yuan After US Imposes New Tariffs
China’s central bank retained support for its currency after the US hit the world’s No. 2 economy with the biggest-ever ...