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Stocks Industrial and Commercial Bank of China Ltd


  • BEIJING/ HONG KONG, Oct 26- Mounting bad loans are running down Chinese banks' capital buffers, forcing them to turn to investors for fresh funds despite raising a record amount last year. But with bad loans up 30 percent in the first half of 2015 according to China's banking regulator, doubts are growing about the ability of some banks to withstand the economic...

  • Tokyo jumps, but Shanghai posts biggest fall in 5 weeks Wednesday, 21 Oct 2015 | 3:34 AM ET
    A man looks at an electronic board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo.

    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.

  • HONG KONG/ LONDON Oct 20- China's central bank sold its first-ever dim sum bond on Tuesday, placing a one-year issue in London with a yield of 3.10 percent and order books six times the amount it had planned to sell. "An order book in excess of 30 billion RMB is a great positive statement of support for the market," said Chris Jones, global head of local currency syndicate...

  • Visitors look at an electric stock board at the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan.

    Asian stocks traded mixed on Tuesday, with energy shares taking a hit as signs of weakness in China rekindled declines in oil prices.

  • Asia shares mixed after China GDP beats forecasts Monday, 19 Oct 2015 | 7:00 AM ET
    An investor observes stock market at a stock exchange hall in Jiujiang, China.

    Asian shares traded mixed on Monday after China's gross domestic product showed the world's second-biggest economy cooled lesser than expected.

  • HONG KONG, Oct 7- Hong Kong shares rallied on Wednesday, rising over 3 percent, as financials and energy stocks shone just a day before China markets reopen after the national holidays. Industrial and Commercial Bank of China rose 5 percent, Bank of China surged 4.6 percent, while China Construction Bank climbed 4.5 percent. Energy shares also extended their gains...

  • Energy shares climb, pulling Asia shares higher Wednesday, 7 Oct 2015 | 2:34 AM ET
    A Shell Oil facility in Carson, California

    Energy shares across Asia climbed Wednesday after oil prices surged overnight, helping to pull most Asia markets into positive territory.

  • Taiwan stocks up after Sept PMI rises from Aug Wednesday, 30 Sep 2015 | 10:30 PM ET

    Taipei, Oct 1- Taiwan stocks extended gains on Thursday after the Nikkei/Markit Taiwan Purchasing Managers' Index for September showed the rate of deterioration eased from the previous month. Sinopec Financial Holdings dropped 0.5 percent after Industrial and Commercial Bank of China scrapped a proposal to buy a $600 million stake in the Taiwanese bank.

  • Tokyo shares lead losses in mixed Asian session Monday, 28 Sep 2015 | 3:01 AM ET
    An investor checks stock information at a brokerage house in Fuyang, China.

    Asian equity markets were mixed on Monday, with data from the world's second largest economy in focus.

  • *Competes with Airbus in key Chinese market. BEIJING, Sept 23- Boeing Co has signed deals to sell 300 aircraft to three Chinese firms and set up an aircraft plant in China, becoming the first U.S. firm to clinch a business tie-up in the country since Chinese president Xi Jinping began a U.S. state visit, the official Xinhua news agency said. Boeing, which is locked in a...

  • BEIJING, Sept 23- Boeing Co has signed deals to sell 300 aircraft to three Chinese firms and set up an aircraft plant in China, making it the first U.S. firm to announce a business tieup in the country since Chinese president Xi Jinping began a state visit to the United States, according to the official Xinhua news agency. China's ICBC Financial Leasing Co, a unit of the...

  • Asian stocks lose footing on renewed China jitters Wednesday, 23 Sep 2015 | 3:09 AM ET
    A board shows the stock movements inside the Shanghai Stock Exchange in the Lujiazui Financial district of Shanghai, China.

    Asian equities slid deeper into the red on Wednesday, after a preliminary reading of the manufacturing sector rekindled worries over China.

  • Sept 22- Chinese President Xi Jinping will meet industry captains this week as he kicks off a U.S. visit that also includes a black-tie state dinner at the White House hosted by President Barack Obama. Apple Inc CEO Tim Cook Amazon.com Inc CEO Jeff Bezos Berkshire Hathaway Inc CEO Warren. General Motors Co CEO Mary Barra Honeywell International Inc CEO David Cote...

  • A businessman runs past an electric quotation board flashing the Nikkei key index in Tokyo, Japan.

    Asian shares outside Japan advanced on Friday after the Fed decided to hold off on its first rate hike in nearly a decade.

  • BEIJING, Sept 18- China's central bank has appointed the Industrial and Commercial Bank of China as the renminbi clearing bank for Argentina, it said on Friday. The two countries signed an agreement on Thursday to pave the way for the establishment of a local renminbi clearing house. The South American country, which faces a dollar shortage, signed the deal with...

  • Sept 15- Goldman Sachs Group Inc's investment banking division co-chair Christopher A. Cole will retire from the firm after 30 years, and will serve as a senior advisor, according to a company memo on Tuesday. Cole, who joined Goldman in 1985 as an associate, has handled many of the bank's high profile clients including large global insurance companies and China's...

  • Nikkei and Shanghai Comp diverge in choppy session Tuesday, 8 Sep 2015 | 3:30 AM ET
    A stock investor monitors trading activity in a stock exchange in China.

    Asian stocks endured volatile trading on Tuesday, with China's Shanghai Composite index lurching higher in the final minutes of trade.

  • A man walks past a screen showing global stock market information on the street in Tokyo, Japan.

    Asian stocks slumped on Tuesday after surveys of China's mammoth manufacturing sector showed a further loss of momentum.

  • SHANGHAI/ BEIJING, Aug 28- China's largest banks warned of a tough year after posting their weakest half-yearly profit growth in at least six years as a slowing economy forces the lenders to make even more provisions for soured loans and squeezes interest income. State-owned Industrial and Commercial Bank of China, China's largest bank by assets, and peers Bank...

  • BEIJING, Aug 13- China's central bank has stepped up intervention in yuan trading, ordering state banks to buy yuan at designated rates on behalf of the monetary authorities, among other emergency measures, banking sources with direct knowledge of the matter told Reuters on Thursday. The yuan fell for a third day on Thursday, after the PBOC shocked markets by...