• China's major banks warn of tough times ahead

    Four of China's so-called 'Big Five' state-owned banks - Industrial and Commercial Bank of China (ICBC), Bank of China (BoC), Agricultural Bank of China (AgBank), and Bank of Communications (BoCom) - have all warned of tough times ahead as China's economy continues to post slowing growth. The four major banks said profits will continue to be pressured in H2 of this year due to various factors, including rising bad loans and slowing economy. ICBC, China's biggest bank by assets, expects bad loans to continue rising. The bank reported near…

NEWS

    Data Analytics: the next move for transaction banking

    Data Analytics: the next move for transaction banking

    14:33 Aug 31, 2016 GMT +8 - Finextra Headlines

    Transaction banking has made remarkable progress in recent years. The easy availability of new tools...

    General News Headlines, Enterprise/IT/Op Risk & Security
    Zoo breeds red panda in captivity

    Zoo breeds red panda in captivity

    13:38 Aug 31, 2016 GMT +8 - China Business Daily News

    A red panda stays in an incubator at a zoo in Kunming city, Yunnan Province, Aug 30, 2016. The zoo has successfully bred a red panda, a second degree animal under state protection in China, in captivity.

    General News Headlines
    Man arrested for doctor murder

    Man arrested for doctor murder

    13:20 Aug 31, 2016 GMT +8 - China Business Daily News

    Chinese police have arrested a man suspected of stabbing a doctor to death in northern Hebei Province, the Supreme People's Procuratorate (SPP) said Wednesday.

    General News Headlines
    Sports › Cashed-up Premier League leads record transfer spree

    Sports › Cashed-up Premier League leads record transfer spree

    12:30 Aug 31, 2016 GMT +8 - Japan Today

    The cashed-up English Premier League led a record-breaking raid by Europe's top clubs before the transfer window slams shut Wednesday, with Arsenal alone paying more than 60 million euros for German defender…

    General News Headlines
    North Korea executes vice premier in latest purge: South

    North Korea executes vice premier in latest purge: South

    12:30 Aug 31, 2016 GMT +8 - ejinsight

    North Korea has executed its vice premier for education and rebuked two high-ranking officials, South Korea said on Wednesday. South Korea’s Unification Ministry spokesman Jeong Joon-hee said the government…

    General Business News/Finance, General News Headlines
    Politics › Former Tokyo Gov Masuzoe returns Y65,000 in expenses for improper use of official car

    Politics › Former Tokyo Gov Masuzoe returns Y65,000 in expenses for improper use of official car

    12:18 Aug 31, 2016 GMT +8 - Japan Today

    Former Tokyo Governor Yoichi Masuzoe has returned approximately 65,000 yen to the Tokyo metropolitan government, which he had claimed as expenses. During his tenure as governor, Masuzoe admitted that…

    General News Headlines
    Truck driver gets 2 years jail after accident involving 5 deaths

    Truck driver gets 2 years jail after accident involving 5 deaths

    12:18 Aug 31, 2016 GMT +8 - ejinsight

    An elderly truck driver who crashed his vehicle into a minibus last December and caused the death of five persons was handed a two-year jail term by a local court on Tuesday. The District Court also barred…

    General Business News/Finance, General News Headlines
    At Least 11 Dead After Typhoon Lionrock Hits Japan

    At Least 11 Dead After Typhoon Lionrock Hits Japan

    12:12 Aug 31, 2016 GMT +8 - The Wall Street Journal - Market News

    Rivers in parts of Iwate prefecture and the northern island of Hokkaido flooded, inundating residential areas and blocking roads.

    General Business News/Finance, General News Headlines
    National › Man killed after his motorbike collides with garbage truck

    National › Man killed after his motorbike collides with garbage truck

    12:00 Aug 31, 2016 GMT +8 - Japan Today

    A 21-year-old male mixed martial arts fighter was killed Tuesday when his motorbike collided with a garbage truck in Tokyo's Musashino City. According to police, the accident occurred around 2:40 p.m.…

    General News Headlines
    World › Trump to make quick trip to Mexico before immigration speech

    World › Trump to make quick trip to Mexico before immigration speech

    11:48 Aug 31, 2016 GMT +8 - Japan Today

    In a surprise move, Donald Trump will travel to Mexico on Wednesday to meet with President Enrique Pena Nieto, just hours before the Republican delivers a highly anticipated speech on immigration. Trump…

    General News Headlines
    Hanjin Shipping to file for receivership; rival eyes assets

    Hanjin Shipping to file for receivership; rival eyes assets

    11:46 Aug 31, 2016 GMT +8 - ejinsight

    South Korea’s Hanjin Shipping Co. Ltd. said it will file for court receivership after losing the support of its banks, and the country’s financial regulator said a rival operator will look to buy Hanjin’s…

    General Business News/Finance, General News Headlines
    South Korea Wants Hanjin Shipping to Sell Healthy Assets to Rival

    South Korea Wants Hanjin Shipping to Sell Healthy Assets to Rival

    11:45 Aug 31, 2016 GMT +8 - The Wall Street Journal - Market News

    The South Korean government would like Hyundai Merchant Marine to buy healthy assets from rival Hanjin Shipping, which is teetering on the verge of bankruptcy.

    General Business News/Finance, General News Headlines
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