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While the US has been busy worrying about "too big to fail," China's largest banks have just been getting larger, says analyst Dick Bove.
Asian stocks put up a mixed performance on Thursday, as increasing odds of a U.S. interest-rate rise in December sapped risk appetite.
BEIJING, Nov 4- China's commercial banks posted an average non-performing loan ratio of 1.59 percent as of the end of September, the highest since the 2009 global financial crisis, an official at the country's banking regulator said late on Wednesday. China's top five lenders last week reported their slowest third-quarter profit in at least three years.
Asian stocks fell on Monday, as investors digested a private survey which showed China's manufacturing sector remaining in a tough spot.
Asian stocks mostly fell on Thursday, after the Fed signaled that a December rate hike was still on the table.
Asian stocks mostly extended their rally on Monday after another rate cut in China fueled risk appetite.
Asia diverged on Wednesday, with China stocks posting its worst one-day performance in five weeks. By contrast, Japan's Nikkei 225 jumped on the back of easing hopes.
Asian stocks traded mixed on Tuesday, with energy shares taking a hit as signs of weakness in China rekindled declines in oil prices.
Asian shares traded mixed on Monday after China's gross domestic product showed the world's second-biggest economy cooled lesser than expected.
Energy shares across Asia climbed Wednesday after oil prices surged overnight, helping to pull most Asia markets into positive territory.
Asian equity markets were mixed on Monday, with data from the world's second largest economy in focus.
Asian equities slid deeper into the red on Wednesday, after a preliminary reading of the manufacturing sector rekindled worries over China.
Asian shares outside Japan advanced on Friday after the Fed decided to hold off on its first rate hike in nearly a decade.
Asian stocks endured volatile trading on Tuesday, with China's Shanghai Composite index lurching higher in the final minutes of trade.
Asian stocks slumped on Tuesday after surveys of China's mammoth manufacturing sector showed a further loss of momentum.
Asian shares ended mixed on Tuesday as volatility returned to mainland markets and oil plunged following long-awaited deals in Greece and Iran.
China banned shareholders with stakes larger than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices.
Concerns over China's relentless sell-off and Greece's debt crisis sent Asian equity markets into a tailspin on Wednesday.
China was the lone bright star in Asia on Monday, after a 'No' vote in Greece ignited a wave of risk aversion.
Western banking giants are losing ground to China, as the world's second-biggest economy vies to establish its economic influence.