BEIJING/Shanghai (Reuters) -Two of China’s top bankers on Monday warned of pressure on net interest margins – a key gauge […]
Exclusive-China’s FX regulator surveyed banks, companies on yuan risk – sources
BEIJING/SHANGHAI (Reuters) -China’s currency regulator has been conducting a rare survey of banks and companies to ask about their risk […]
Scania stops European truck production this week over chip shortage
STOCKHOLM (Reuters) – Truckmaker Scania, part of Volkswagen AG’s commercial vehicle arm Traton SE, will halt production at its European […]
China Construction Bank says net interest margin to narrow in H2 2021
BEIJING (Reuters) – China Construction Bank, country’s second-largest lender by assets, said its net interest margin will be narrower in […]
Bank of China H1 profit rises 12%, biggest first half jump since 2013
BEIJING (Reuters) – Bank of China Ltd (BoC), the country’s fourth-largest lender by assets, posted a 11.8% increase in first-half […]
MapmyIndia targets valuation of up to $817 million with IPO filing this week – source
By Aditya Kalra and Sethuraman N R BENGALURU (Reuters) – MapmyIndia, which powers Apple maps in India, will file draft […]
Renault’s De Meo pushes Dacia brand with new family car
By Gilles Guillaume PARIS (Reuters) – France’s Renault will unveil a new family car under its lower cost Dacia brand […]
Fortescue posts record profit, dividend but cuts management bonuses
By Melanie Burton and Nikhil Nainan MELBOURNE (Reuters) -Fortescue Metals Group Ltd reported its highest ever annual profit and dividend […]