BEIJING, Dec. 22 (Xinhua) — China\’s major state-owned commercial banks further lowered nominal deposit interest rates on Friday to enhance the sustainability of serving the real economy and ensure st
Tag: deposits
Russian TV channels air video series on Xi\’s quotes
People welcome Chinese President Xi Jinping in Moscow, Russia, March 20, 2023. [Photo/Xinhua]Major Russian television channels started airing the Russian language edition of the second season of the v
China’s financial market remains stable despite global shockwaves caused by SVB collapse
Following the shockwaves from the collapse of Silicon Valley Bank (SVB) weighed on global bank stocks, China\’s stock indexes also dipped on Tuesday due to negative sentiment in global financial market
SVB collapse raises systemic "contagion" worries
SAN FRANCISCO, March 12 (Xinhua) — The U.S. government would not bail out Silicon Valley Bank (SVB), Treasury Secretary Janet Yellen said on Sunday as systemic \”contagion\” worries spread across the v
U.S. regulators close Silicon Valley Bank
SAN FRANCISCO, March 10 (Xinhua) — Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on Friday by regulators, according to the U.S. Federal Deposit Insurance Corporati
Hezbollah leader decries U.S. as partner in Lebanon\’s corruption
BEIRUT, March 10 (Xinhua) — Lebanon\’s Hezbollah leader Sayyed Hassan Nasrallah on Thursday lashed out at the United States and called on the Lebanese to find solutions to their country\’s crises inste