You Searched For "chinese banks" and got 20 results
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2 mins read
The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world
The US is drafting sanctions on Chinese lenders that facilitate trade with Russia, which is feared …
Filip De Mott
2 mins read
TD Bank falls 8% after it faces $3 billion fine and growth caps over charges of enabling fentanyl-linked money laundering scheme
A Chinese drug cartel that was selling fentanyl bribed TD Bank branch employees in New York and New…
Matthew Fox
3 mins read
Markets are worried about the Chinese yuan sparking a new wave of turmoil
The Chinese yuan spiked against the US dollar on Monday in moves that were similar to the Japanese …
Huileng Tan
2 mins read
Chinese banks are getting cold feet dealing with Russia
The Kremlin said it's trying to "working" on addressing issues with Beijing.
Huileng Tan
2 mins read
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
2 mins read
The US is weighing using the power of the dollar to stop Chinese banks aiding Russia but its plan could backfire
The US is drawing up plans to cut Chinese banks off fro the global financial system, according to T…
Tom Porter
2 mins read
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…
PTI
1 min read
Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan
Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from…
Filip De Mott
2 mins read
The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered
Russia is looking into alternative payments infrastructure — which a top Russian banker said should…
Huileng Tan
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
1 min read
Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness
Chinese banks have frequently sold dollars in the currency market this year to stem the yuan's decl…
Aruni Soni
1 min read
2 Chinese banks ditched their Russian clients, report says, hinting at cracks in the Putin-Xi bromance
China's Xi Jinping has pledged open-ended support to Russia amid the Ukraine war, but some cracks a…
Tom Porter
4 mins read
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
4 mins read
2 trades to make now amid 6 economic pitfalls ahead, according to a Bank of America chief strategist
Higher unemployment, the yen carry trade, the unwinding of AI trade are a few of the biggest concer…
Laila Maidan
2 mins read
Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza
618 is seen as a key indicator of China's general retail temperature — and early results were…
Shubhangi Goel
3 mins read
Chinese shoppers are buying less than they used to but they're spending on experiences
China's property market was still struggling as April new-home prices fell at their fastest pace in…
Huileng Tan
2 mins read
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
1 min read
Gold is getting so expensive that even China's central bank stopped buying
China's central bank did not add any gold to its reserves in May after 18 straight months of purcha…
Huileng Tan
2 mins read
Chinese EV makers are being shut out of the US, so they're targeting Mexico and Brazil instead
China's Tesla rivals have had the door to the US EV market slammed in their faces — so they're turn…