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Chinese commercial banks' asset quality to remain stable
Chinese commercial banks' asset quality will maintain its overall stability, with the bad loan ratio predicted to stay below 1.9 percent.
PAG raises phase III Asian M&A funds worth USD6 bln
PAG: it had completed the phase III fund-raising for merger, acquisition, and investment focusing in Asian market,with total value exceeding $6 bln.
Algeria targets European power market
Algeria has submitted an official request to enter the European power market ahead of exporting its electricity surplus generated from solar energy.
Countdown begins for 5G commercialization
China's 5G commercialization has entered a countdown stage.
Google removes more foreign-related disinformation accounts
Google has taken down more foreign-related accounts linked to coordinated influence operations targeting political content in the United States.
U.S. banking industry posts strong income growth in Q3
Commercial banks and savings institutions insured by the FDIC reported aggregate net income of 62 billion U.S. dollars in the third quarter of 2018.
Chinese commercial lenders' bad loan ratio slightly up in Q3
The non-performing loan ratio of commercial banks stood at 1.87 percent, 0.01 percentage points higher than the end of Q2.
Tech firms swear by AI's ability to smarten finance
China's technology companies have gradually transformed the country's financial sector by incorporating artificial intelligence into their services.
Targeted RRR cut expected to fuel real economy
The targeted reserve requirement ratio is expected to be cut by one percentage point in January to fuel the real economy.
Fintech can ease financing needs of private companies
Fintech can play a great role in helping close the gap between the financing needs of private enterprises and banking products.
China's Wenzhou to build 2 to 3 blockchain industrial bases by 2022
East China's Wenzhou city aims to build two to three blockchain industrial bases by 2022.
China launches anti-dumping probe into Australian barley
China's Ministry of Commerce (MOC) has decided to start an anti-dumping investigation into imported barley from Australia, it announced Monday.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
