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Industrial and Commercial Bank of China Ltd

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  • LONDON, Aug 29- Copper edged higher on Friday as the euro steadied, but prices were still on track for their biggest monthly loss since March on worries that rising tensions in Ukraine could set back global growth and hit metals demand.

  • SYDNEY/ LONDON, Aug 29- Copper edged higher on Friday as the euro strengthened, but prices were still on track for their biggest monthly loss since March on worries that rising tensions in Ukraine could set back global growth and hit metals demand.

  • SYDNEY, Aug 29- London copper futures were mostly unchanged on Friday, but prices were on track for their biggest monthly loss since March on worries that escalating tensions in Ukraine could set back global growth and hit metals demand. *The most-traded October copper contract on the Shanghai Futures Exchange fell 1 percent to 49,740 yuan a tonne.

  • The subpoenas are aimed at a US $4.7 bn facility provided by China Development Bank, ICBC and BOC to finance the construction of two hydroelectric dams in Patagonia and a US $2.1 bn loan from China Development Bank and ICBC to finance the Belgrano Cargas railway project.

  • HONG KONG, Aug 28- Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings. The Hang Seng Index closed down 0.7 percent at 24,741.00 points. China Construction Bank and Industrial and Commercial Bank of China both shed 1.2 percent.

  • HONG KONG, Aug 28- China shares slipped on Thursday as a batch of initial public offerings started taking subscriptions, diverting money from existing stocks and pulling down the indexes to multi-week lows. Agricultural Bank of China, joining two other major banks, late on Tuesday reported slowing profit growth and rising bad loans for the second quarter.

  • Weakness in the mainland market pared gains in Hong Kong, which had opened up 0.6 percent following another steady performance by Wall Street, where indexes hovered near record highs. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.2 percent.

  • BEIJING, Aug 26- Industrial and Commercial Bank of China has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant's credentials in the country.

  • HONG KONG, Aug 25- China shares slipped on Monday as investors set aside money for coming initial public offerings, while the Hong Kong market also edged lower. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.1 percent.

  • Goldman Sachs was one of the first to spot the potential in China for preferred shares, a form of hybrid security which listed companies can sell to raise capital with minimal dilution in the value of shares held by existing stakeholders.

  • HONG KONG, Aug 13- China shares surrendered most early gains and ended flat on Wednesday after disappointing economic data sparked worry a recovery may be at risk despite government efforts to shore up growth.

  • HONG KONG, Aug 13- China and Hong Kong shares reversed gains and slipped into the red on Wednesday, after central bank data showed Chinese banks lent far less money than expected in July while money supply growth eased.

  • Chinese banks get serious about risk of bad debts Thursday, 7 Aug 2014 | 7:34 PM ET

    Chinese banks are cutting off riskier borrowers, tightening lending terms, and deploying teams of investigators to assess the risk of loan defaults.

  • China's banks keep reporting bad loan levels well below what most analysts consider realistic, but their recent actions suggest the slowing economy may be squeezing borrowers and lenders harder than thought only a few months ago.

  • HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.

  • Asian equities followed their U.S. peers lower on Wednesday on worries that Russia-Ukraine tensions could escalate into a military conflict.

  • HONG KONG, Aug 6- Hong Kong and China shares dropped on Wednesday with investors taking profits on recently-strong Chinese blue-chip stocks and keeping an eye on declines in U.S. markets. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.8 percent to a two-week low.

  • MOSCOW, July 31- Western sanctions will force foreign shareholders to dig deeper in their pockets to fund Russia's Yamal LNG project, key for Moscow's plans to carve out a greater share of the frozen sea-borne gas market, Novatek said on Thursday.

  • Asian equities were mostly higher on Monday, led by a rally in Chinese markets, on optimism about the health of the world's second-largest economy.

  • HONG KONG, July 28- China shares jumped on Monday, with Hong Kong's index hitting its highest close in more than 3-1/ 2 years, on growing bets that the world's second-largest economy has turned a corner and as investors expect more growth-friendly policies.