Agricultural Bank of China
Oct 03, 2012 12:20 EDT
Chinese banks have pulled out of events linked to annual meetings of the International Monetary Fund and World Bank in Japan next week, a report said, as Tokyo and Beijing remain locked in a diplomatic row.
Oct 03, 2012 03:36 EDT
The shaky global economy needs Japan and China to be fully engaged, the head of the IMF said, warning the world could not afford to have the two countries distracted by their bitter territorial dispute.
Aug 30, 2012 10:13 EDT
The Industrial and Commercial Bank of China, the country's biggest lender by assets, said Thursday its first-half net profit rose 12.5 percent from a year earlier on growth in interest and fee income.
Aug 29, 2012 08:33 EDT
Agricultural Bank of China, one of the country's big four lenders, said Wednesday first-half profit rose 20.8 percent, driven by interest income growth despite the country's slowing economy.
Jun 12, 2012 03:26 EDT
The head of one of China's biggest banks is under investigation for corruption, a media report said, the second graft case involving bankers to emerge in a month.
May 09, 2012 17:46 EDT
The United States on Wednesday opened its banking market to ICBC, China's biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company.
May 09, 2012 15:44 EDT
The United States on Wednesday opened its banking market to ICBC, China's biggest bank, and extended the US reach of other major Chinese state-controlled banks, citing improvements in Beijing's bank supervision.
May 09, 2012 14:52 EDT
The Federal Reserve announced Wednesday that three major Chinese banks have won approval to enter the US banking market.
Apr 27, 2012 09:00 EDT
Chinese banking giants the Industrial and Commercial Bank of China and Agricultural Bank of China reported an increase in their first quarter net profit on Friday, boosted by growth in interest income.
Mar 21, 2012 14:28 EDT
China's central bank said Wednesday it would selectively cut reserve requirements for hundreds of branches of a leading farm lender in a bid to boost rural credit.
Jan 18, 2012 09:06 EST
DOHA (Reuters) - From its startling winning bid to host the 2022 soccer World Cup and mediating roles in Middle East and African conflicts to its role leading Arab efforts to isolate Syria, tiny Qatar is aspiring to an ambitious role: global powerbroker.
Jan 16, 2012 07:58 EST
SHANGHAI (Reuters) - The new chief of Agricultural Bank of China <601288.SS> <1288.HK> brings no-nonsense flair and a strong track record in bank overhauls to the helm of the lumbering Chinese lender where he started out years ago as a filing clerk.
Dec 16, 2011 03:04 EST
Chinese investors withdrew hundreds of billions of yuan from major banks in the first 10 days of December, state media said Friday, on falling expectations the currency will strengthen.
Nov 24, 2011 03:58 EST
BEIJING (Reuters) - China has been forced into self-help mode after a series of international crises have hollowed out its export markets and left it feeling like the only man standing.
Nov 14, 2011 05:40 EST
Hong Kong-based Chow Tai Fook Jewellery Co. is hoping to raise up to $3.5 billion in a massive initial public offering, based on its lucrative share of China's luxury market, reports said on Monday.
Oct 29, 2011 10:23 EDT
SHANGHAI (Reuters) - China named new heads to three top financial regulatory posts on Saturday, the official Xinhua news agency said, the first big step in a comprehensive leadership change that will culminate when its top political leaders retire.
Oct 29, 2011 09:01 EDT
SHANGHAI (Reuters) - China's new banking regulator Shang Fulin will bring experience in pressing reforms and a hallmark cool-headed approach as he takes oversight of a sector trying to digest the effects of a lending binge that has left banks with mounting piles of debt.
Oct 28, 2011 06:38 EDT
HONG KONG (Reuters) - Agricultural Bank of China Ltd <1288.HK><601288.SS>, the country's third-largest bank by market value, said on Friday that its chairman, Xiang Junbo, has resigned.
Oct 26, 2011 04:44 EDT
BEIJING/HONG KONG (Reuters) - Agricultural Bank of China Ltd <1288.HK><601288.SS>, the country's third-largest bank by market value, said on Wednesday that third-quarter net profit rose 40.25 percent, beating expectations.
Oct 17, 2011 07:16 EDT
HONG KONG/BEIJING (Reuters) - The chairman of the world's most valuable bank was once a good communist, learning from the peasants in a collectivist commune in Jiangxi province and working to raise coal production as a teenage miner in Henan during the tumult of Mao Zedong's Cultural Revolution.