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Stocks Industrial and Commercial Bank of China Ltd


  • China stocks outperformed Asian equity markets on Monday on economic optimism while sentiment in other Asian shares rose after weak U.S. data soothed fears that the Federal Reserve would reduce its stimulus program anytime soon.

  • Asian stocks rallied on Friday, extending the previous day's strong gains as investors cheered robust global economic data and a commitment to easy monetary policy from global central banks.

  • Why investors are still shorting China financials Sunday, 21 Jul 2013 | 9:16 PM ET

    Seventy percent of analysts covering Chinese financial stocks rate them a buy, yet financials are the worst performing this year in the group, data shows.

  • Singapore Wealth Fund Size Soars to Record High Thursday, 4 Jul 2013 | 5:35 AM ET
    Singapore's business district skyline at dusk

    Singapore's Temasek Holdings says the size of its portfolio soared to a record high in the financial year ending March 2013.

  • China’s Stock Intervention—Expect More Meddling Tuesday, 18 Jun 2013 | 12:38 AM ET

    China's government has been buying shares in the country's four big banks, a move analysts expect to continue until jitters about high interbank lending rates and the economic outlook ease.

  • Beijing Steps Up Efforts to Shore Up Stock Market Monday, 17 Jun 2013 | 7:40 PM ET

    China's government has stepped up efforts to lift confidence in the country's flagging stock markets by buying more shares in the four biggest commercial banks.

  • Nikkei Skids 3.8% After Abe Fires 'Third Arrow' Wednesday, 5 Jun 2013 | 3:10 AM ET

    In another volatile afternoon session, the Nikkei tumbled 3.8 percent to a new two-month low on Wednesday while the yen inched higher after Prime Minister Shinzo Abe's third "Abenomics" arrow failed to impress investors.

  • Asia Ends Mixed; Bernanke in Focus Tuesday, 21 May 2013 | 3:11 AM ET

    Caution prevailed in Asian trade on Tuesday as investors grow concerned about the duration of global monetary stimulus ahead of Federal Reserve chief Ben Bernanke's testimony to the U.S Senate.

  • Chinese Bank Shuts Key North Korean Bank Account Tuesday, 7 May 2013 | 7:33 PM ET
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    Bank of China has shut the account of North Korea's main foreign exchange bank, which was hit with U.S. sanctions in March.

  • Modest Wages of China Execs Still Too High Sunday, 28 Apr 2013 | 9:17 PM ET

    Chinese executives at state-owned groups have long been among the lowest paid of their global peers, but even their apparently meager pay is generating controversy. The Financial Times reports.

  • Asia Ends Week on Tepid Note After Earnings Friday, 26 Apr 2013 | 6:01 AM ET

    Asian stock markets traded cautiously on Friday as investors digested a raft of regional corporate earnings and as attention turned to first-quarter U.S. GDP figures for signs of whether the rally on Wall Street can continue.

  • Ample Credit Triggers Surge in China Bank Lending Wednesday, 10 Apr 2013 | 10:44 PM ET

    Chinese banks made $171 billion of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fueled by ample credit.

  • Sunny Days Still for China Banks Wednesday, 27 Mar 2013 | 4:00 AM ET

    Analysts say the sector remains robust even as China's biggest banks reported their worst annual earnings growth since going public.

  • China Big Five Banks to Post $121 Billion Annual Profit Wednesday, 20 Mar 2013 | 11:21 PM ET

    Net profits at China's "big five" banks are expected to have risen nearly 12 percent to more than 750 billion yuan ($120.74 billion) in 2012, the official Shanghai Securities News reported on Thursday.

  • World's Top Maker of Solar Panels Nears Insolvency Wednesday, 20 Mar 2013 | 11:02 PM ET

    A group of Suntech Power lenders want the Chinese solar panel maker's main unit declared insolvent, a sign Beijing is losing support for the industry.

  • Cyprus's Plan B Spooks Asia; China Shrugs It Off Wednesday, 20 Mar 2013 | 4:10 AM ET

    Asian stocks were under pressure on Wednesday as concerns rose if a bailout deal was still possible for Cyprus while Greater Chinese shares ignored the news to outperform the market as attention turned to domestic issues.

  • Does Ping An's Move Signal More Curbs Coming? Wednesday, 27 Feb 2013 | 2:29 AM ET

    A move by China's Ping An Bank to ban its regional branches from approving mortgages may signal that Beijing is set to tighten controls on the property market to calm prices.

  • Turkey Lures Asian Investors as It Looks East for Capital Thursday, 21 Feb 2013 | 12:45 AM ET

    When Turkish conglomerate Anadolu Holding put its 75-percent stake in Alternatifbank up for sale last year, a distant potential suitor from Asia took a close look at the business.

  • Sydney Hits 4-Year High; Asia Risk Appetite Up Thursday, 14 Feb 2013 | 5:01 AM ET

    Asian stock markets climbed higher on Thursday led by Australian shares, which hit a four-year high on strong corporate earnings. Risk sentiment was also boosted by firm gains in Japan and Hong Kong ahead of a weekend meeting of G20 central bank officials.

  • New Loans at Major Chinese Banks Surge 50% Monday, 4 Feb 2013 | 9:21 PM ET

    China's four largest banks extended 370 billion yuan ($59.4 billion) of new loans in January, up from 320 billion yuan in the same period last year, the official China Securities Journal reported on Tuesday.