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A service for global professionals · Tuesday, May 20, 2025 · 814,418,248 Articles · 3+ Million Readers
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Industrial & Commercial Bank of China News Monitoring

  • Published on 06:54 GMT

    China and Australia cut interest rates; Greggs sales improve as Mac and Cheese ‘goes viral’ – business live'

    Key eventsShow key events onlyPlease turn on JavaScript to use this feature Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. China’s and Australia’s central banks have both cut interest rates to …

    Source: The Guardian - Center-left
  • Published on 10:00 GMT

    Pakistan plans to secure $4.9bn in commercial loans for FY2025-26

    The Government of Pakistan is working on a plan to raise $4.9 billion in external commercial financing for the fiscal year 2025–26, according to reliable sources. The strategy includes securing $2.64 billion in short-term loans from international …

    Source: The Nation - Pro-Government
  • Published on 08:46 GMT

    PBOC trims benchmark rates to fresh low

    The People’s Bank of China lowered both the one-year and five-year loan prime rates (LPR) by 10 basis points each, to 3.0% and 3.5% respectively. Both are now at the lowest level since 2019, when the LPR mechanism was overhauled. The cuts, the first since …

    Source: ShareCast - Neutral
  • Published on 13:32 GMT

    China cuts market-based lending rates norms; banks cut interest rates

    Major commercial banks in China today announced reductions in deposit interest rates, the first this year. This decision follows two rounds of deposit rate cuts in July and October last year.The Industrial and Commercial Bank of China, the Bank of China, …

    Source: Fibre 2 Fashion - Pending
  • Published on 09:31 GMT

    China cuts key lending rates to boost slowing economy

    China cut its benchmark lending rates on Tuesday for the first time since October, as officials try to support the economy while managing the effects of the trade war with the United States. The People’s Bank of China lowered the one-year loan prime rate …

    Source: Profit by Pakistan Today - Neutral
  • Published on 11:49 GMT

    China Trims Key Rates to Lift Economy After Trade War Blows

      China’s central bank trimmed benchmark lending rates on Tuesday for the first time in seven months to try to boost consumption as the world’s second-biggest economy slows. Large state banks cut deposit rates as policymakers try to help the economy …

    Source: Asia Financial - Neutral
  • Published on 13:36 GMT

    EXCLUSIVE: Cash Flowing Into Anti-ICE Group’s Coffers Came From Chinese Gov’t-Linked Sources

    Numerous Chinese government-linked entities have bankrolled a nonprofit accused of offering tips on how to evade federal immigration authorities, a Daily Caller News Foundation investigation found. House Republicans recently launched an investigation into …

    Source: The Daily Caller - Right-wing
  • Published on 03:12 GMT

    China cuts key rates to aid economy as trade war simmers

    BEIJING: China cut benchmark lending rates for the first time since October on Tuesday (May 20), 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-US trade war. …

    Source: Channel News Asia - Pro-Government
  • Published on 05:48 GMT

    China's major lenders lower deposit interest rates

    BEIJING -- China's major commercial banks on Tuesday announced reductions in deposit interest rates, the first cuts this year. The one-year fixed-term deposit interest rate was lowered by 15 basis points to 0.95 percent, announced by the Industrial and …

    Source: China Daily - Gov't Propaganda
  • Published on 04:09 GMT

    Hong Kong Shares Due For Support On Tuesday

    The Hong Kong stock market has moved lower in three straight sessions, dropping more than 300 points or 1.3 percent along the way. The Hang Seng Index now sits just above the 23,330-point plateau although it may halt its slide on Tuesday. The global …

    Source: RTTNews - Neutral
  • Published on 02:39 GMT

    China's central bank reduces LPR, major lenders cut deposit rates, moves deemed to spur bank borrowing

    The picture shows a view of the People's Bank of China. (Xinhua photo)China's one-year loan prime rate (LPR), a market-based benchmark lending rate, was lowered to 3.0 percent on Tuesday, down by 10 basis points, in the central bank’s first cut of …

    Source: Global Times - Gov't Propaganda
  • Published on 01:35 GMT

    China’s state banks will cut deposit rates on Tuesday, sources say

    China’s major state banks will cut their deposit rates from Tuesday, three people with knowledge of the matter said, easing pressure on profitability as China reduces lending rates to boost a slowing economy. Banks including Industrial and Commercial Bank …

    Source: Hellenic Shipping News - Neutral
  • Published on 03:23 GMT

    China banks cut deposit rates to aid margins, drive spending

    MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy. Lenders including the Industrial & Commercial Bank of China, China Construction Bank …

    Source: The Business Times Singapore - Neutral
  • Published on 00:21 GMT

    China cuts key rates to aid economy as trade war simmers

    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- …

    Source: Yahoo Finance - Center-left
  • Published on May 19, 2025

    Chinese firms rise between hard and soft power

    Song Chen/China Daily Chinese companies' remarkable ascent on the global stage tells the tale of impressive growth and transformation. Today, Alibaba, Huawei, Tencent and TikTok are household names across the world, and China's corporate giants …

    Source: China Daily Global - Gov't Propaganda
  • Published on May 19, 2025

    Alibaba’s B2B ecommerce engine powers Q4 surge

    Alibaba Group’s fourth-quarter results highlight the company’s accelerating momentum in B2B ecommerce, as its international digital commerce (AIDC) and cloud segments deliver robust growth powered by AI and infrastructure investments. With cross-border …

    Source: Digital Commerce 360 - Pending
  • Published on May 19, 2025

    Safeguarding Mogao Caves: ICBC-AXA Life’s commitment to sand control

    ICBC-AXA Assurance Co., Ltd. held a public welfare event titled “Legacy of Time, Commitment to Protection” at the Mogao Caves in Dunhuang. The company, also known as ICBC-AXA Life, donated funds to the China Dunhuang Grottoes Conservation Research …

    Source: Shanghai Daily - Gov't Propaganda
  • Published on May 19, 2025

    Technology Awards 2025

    The pace of technological developments across industries and geographies has never been as high as it is now, and this year’s Technology Awards submissions are a reflection of the wide variety of challenges that financial institutions can tackle with …

    Source: The Banker - Neutral
  • Published on May 17, 2025

    Russia's growing outreach in South Asia manifestation of its non-coercive diplomacy

    New Delhi: Russia is making concerted efforts to underscore its position as a global power. It has stepped up engagements with the Global South, including South Asia. Trade and economic cooperation, and an uptick in defence and military technical …

    Source: Prokerala - Indeterminate

06 days 10:22:48

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