Posted by Reuters: Business News on December 26, 2011
SHANGHAI (Reuters) – The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People’s Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.
Posted by Reuters: Business News on
SHANGHAI (Reuters) – The yuan hit an all-time trading high against the dollar on Monday, guided by a stronger mid-point by the People’s Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.
Posted by Reuters: Business News on October 26, 2011
BEIJING/HONG KONG (Reuters) – Agricultural Bank of China Ltd , the country’s third-largest bank by market value, said on Wednesday that third-quarter net profit rose 40.25 percent, beating expectations.
Posted by Reuters: Business News on September 20, 2011
BEIJING/HONG KONG (Reuters) – Bank of China , a big market-maker in China’s onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, three sources with direct knowledge of the matter told Reuters on Tuesday.
Posted by Reuters: Business News on August 25, 2011
HONG KONG/BEIJING (Reuters) – Industrial and Commercial Bank of China and Agricultural Bank of China Ltd , the country’s No.1 and No. 3 lenders by market value, reported record half-year profits on Thursday, driven by better pricing power for loans and rising fee income.
Posted by Reuters: Business News on July 24, 2011
LONDON (Reuters) – Bank of China is a leading contender in the race to acquire the aircraft leasing business being sold off by Royal Bank of Scotland , the Sunday Times reported without citing sources.
Posted by Reuters: Business News on November 11, 2010
SHANGHAI (Reuters) – Industrial and Commercial Bank of China (ICBC) plans to raise 45 billion yuan ($6.8 billion) through a rights share offering this month, capping an $80 billion fundraising boom…
Posted by Reuters: Business News on November 1, 2010
SHANGHAI (Reuters) – Industrial & Commercial Bank of China , the world’s biggest lender by market value, paid a token $1 for a small U.S. brokerage firm, the Wall Street Journal reported on…
Posted by Reuters: Business News on August 15, 2010
SHANGHAI (Reuters) – Agricultural Bank of China (AgBank) said on Sunday it had fully exercised an over-allotment option for the Shanghai portion of its initial public offering, taking total proceeds from the offer to $22.1 billion, making the IPO the world’s biggest.
Posted by Reuters: Business News on August 13, 2010
SHANGHAI (Reuters) – Agricultural Bank of China (AgBank) has fully exercised an over-allotment option for the Shanghai portion of its initial public offering, taking the total proceeds from the offer to $22.1 billion, making the IPO the world’s biggest.
