Finance

Xinhua News 28th March 2023 - (Beijing) The People's Insurance Company Group of China (PICC), China's leading insurer, registered an increase in revenue...

28th March 2023 - (Beijing) Alibaba Group Holding, China's largest technology conglomerate, is set to embark on its most significant corporate restructuring since its inception over...

28th March 2023 - (Beijing) Allianz Global Investors (AllianzGI), the asset management arm of German financial group Allianz, has filed an application to expand its business in...

Hong Kong Government Press Release 28th March 2023 - (Hong Kong)  The Government and the Insurance Authority (IA) today welcomed the issuance of insurance-linked...

28th March 2023 - (Hong Kong) China Investment Corp (CIC), the nation’s US$1.35 trillion wealth fund, is set to hold its first global advisory meeting in...

28th March 2023 - (New York) The U.S. dollar fell for a second consecutive day against major peers on Tuesday, as concerns about a full-blown banking...

Xinhua News 28th March 2023 - (New York) Oil prices rallied on Monday as worries over the banking sector eased.

27th March 2023 - (Beijing) Saudi Aramco, the world’s largest oil producer, has entered into a deal to purchase a 10% stake in Rongsheng Petrochemical Co,...

27th March 2023 - (New York) First Citizens BancShares announced on Monday that it will be acquiring the deposits and loans of Silicon Valley Bank, along...

27th March 2023 - (Hong Kong) Chinese property developer Shimao Group is looking to sell its Hong Kong hotel, the Sheraton & Four Points by Sheraton...

27th March 2023 - (New York) First Citizens BancShares, a North Carolina-based bank, is reportedly in advanced talks to acquire Silicon Valley Bank, a renowned tech-focused...

27th March 2023 - (Hong Kong) Asian shares have rallied, followed by U.S. stock futures, as hopes have emerged that authorities are working to ring fence...