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Industrial and Commercial Bank of China Ltd

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  • Pedestrians stand in front of stock market boards along the pavement in Tokyo, Japan.

    Japanese stocks tracked a positive lead from Wall Street to hit a fresh multi-year high, breaching the 19,000 level, as major indices in the region largely rose on Friday.

  • March 12- Hong Kong's main stock indices rose on Thursday, led by banking shares, as investors expect that Beijing's plans to let local governments swap out expensive debt will improve asset quality at Chinese lenders. Chinese banks listed in Hong Kong, including Industrial and Commercial Bank of China, China Construction Bank and Bank of China, which represent...

  • Tokyo bucks regional slump; rest of Asia track US losses Wednesday, 11 Mar 2015 | 5:32 AM ET

    Asian equities were lower across the board on Wednesday, pressured by a plunge on Wall Street overnight and as a string of China data fell short of expectations.

  • According to two sources with direct knowledge of the matter and another who had been briefed by police, the police last month froze one account at Industrial and Commercial Bank of China and another at Bank of China, both held in Shanghai by Trafigura Private Limited, a Singapore unit. Trafigura will be anxious to avoid any disruption to its business in Shanghai,...

  • Nikkei ends week with new 15-year high Friday, 27 Feb 2015 | 3:33 AM ET
    Pedestrians stand in front of stock market boards along the pavement in Tokyo, Japan.

    Asian equitiess were mixed on Friday, following an uninspiring lead from Wall Street, but Japanese stocks managed to overlook a mixed bag of economic data to settle at a new 15-year high.

  • Feb 26- Hong Kong shares finished up on Thursday after a strong rally on Chinese markets, but underperformed mainland boards as Hong Kong investors sold off selected heavyweights in real estate, information technology and gaming giant Sands China, seen as hurt by China's anti-corruption campaign. The Hang Seng index rose 0.5 percent, to 24,902.06, while the...

  • HONG KONG, Feb 26- China is set to launch a link between gold markets in Shanghai and Hong Kong this year following a landmark stock connect scheme, aiming to enhance its pricing power of gold contracts and ultimately challenge its competitors in the West. While China is the world's largest consumer of the precious metal, having surpassed India, daily trading of...

  • LONDON, Feb 25- Standard Bank Plc said on Wednesday its co-head of commodities, Jim Coupland, is leaving after two decades, during which he built one of the world's biggest metals banks. His departure comes at a challenging time for Standard Bank as it seeks to recoup millions of dollars in losses from a metal financing scandal in China's Qingdao port that rocked...

  • "This is a critical test for the SFC," said Michael Cheng, Asian Corporate Governance Association's research director for China and Hong Kong. The SFC and the courts have limited authority outside of Hong Kong, which means reaching beyond the territory's borders to dismantle CMR Group, a Cayman Islands incorporated holding company, will be difficult.

  • OTTAWA, Feb 17- Canada will have only three or four years to take advantage of its renminbi clearing hub before China liberalizes its capital account and so reduces the competitive advantage the hub creates, a Chinese banker key to the operation said on Tuesday. During Canadian Prime Minister Stephen Harper's visit to China in November, it was announced that a...

  • OTTAWA, Feb 17- Canada will have only three or four years to take advantage of its renminbi trading hub before China liberalizes its capital account and so reduces the competitive advantage the hub creates, a Chinese banker key to the operation said on Tuesday. During Canadian Prime Minister Stephen Harper's visit to China in November, it was announced that a...

  • A pedestrian walks past an electronic stock board displaying a mid-day figure of the Nikkei 225 Stock Average outside a securities firm in Tokyo, Japan.

    Asian markets traded broadly higher amid choppy trade Monday, with Japanese shares charging up to a 8-year high.

  • Asian stocks traded mixed on Tuesday, amid tensions between Greece and its euro zone creditors, and more weak Chinese data.

  • Asian equities were mixed on Friday ahead of the closely-watched U.S. jobs report while apprehension about Greece also weighed on sentiment.

  • Come March, this will sway gold prices Monday, 2 Feb 2015 | 6:34 PM ET

    The replacement for the near-century-old London gold fix will start in March, with hopes of attracting at least 11 members, including Chinese banks. The Financial Times reports.

  • CEO of struggling Chinese developer Kaisa resigns Sunday, 1 Feb 2015 | 11:04 PM ET

    China's Kaisa Group says their CEO has resigned - a further blow for the embattled property developer despite having sold some of its Shanghai assets.

  • Simmering tensions over the issue spilled into public view on Wednesday, when U.S. business lobbies urged Beijing to postpone implementing new policies to make China's finance sector more dependent on domestic technology. In a letter to China's Central Leading Group for Cyberspace Affairs, chaired by President Xi Jinping, a group of U.S. business...

  • Simmering tensions over the issue spilled into public view on Wednesday, when U.S. business lobbies urged Beijing to postpone implementing new policies to make China's finance sector more dependent on domestic technology. In a letter to China's Central Leading Group for Cyberspace Affairs, chaired by President Xi Jinping, a group of U.S. business...

  • Asian shares mixed after leftist win in Greece Monday, 26 Jan 2015 | 2:24 AM ET
    The national flag of Greece and the flag of the European Union fly above a government building in Athens.

    Asian equities reacted nervously to the election victory of Greek leftist party Syriza on Monday.

  • SHANGHAI/ BEIJING, Jan 21- China's first stock options will launch next month with limited access to investors due to their risky nature, but their gradual rollout may benefit the real market. The China Securities Regulatory Commission will allow investors to trade only options that track the SSE50 index of the 50 biggest firms on the Shanghai bourse in the...