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Tag: Bank of China

PBOC is expected to set the USD/CNY reference rate at 7.1340 – Reuters estimate | Forexlive

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting...

Nation’s biggest title company hit by ransomware attack

The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together...

ForexLive Asia-Pacific FX news wrap: USD index hits a 3 month low | Forexlive

ECB President Lagarde to discuss if "Inflation kills democracy". Schnabel speaks alsoThe CPI report from Canada due today is the last before the next...

World’s largest bank ICBC pays ransom after LockBit hack disrupted the markets, cybercriminals claim

China’s largest lender, the Industrial and Commercial Bank of China (ICBC), reportedly paid a ransom to cybercriminals who targeted the bank in a recent...

Hackers Hit World’s Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report – The Daily Hodl

Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China (ICBC) – a financial...

ICBC forced to trade with USB drive due to ransomware attack

The U.S. wing of Industrial & Commercial Bank of China Ltd. (ICBC) was forced to execute trades through a USB drive on Thursday due...

Australian Dollar consolidates post intraday gains amid downbeat China CPI

Share: Australian Dollar looks to snap a three-day losing streak. Australia’s central bank made a dovish rate statement, weakening the AUD. China's...

Global Fintech Awards Finalists Announced as Momentum Builds for SFF 2023 – Fintech Singapore

The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) announced the finalists of the Singapore Fintech Festival’s (SFF) Global Fintech Awards. Supported...

Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal

The rising total money supply (M2) could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal,...

Stablecoin Liquidity | BitPinas

After describing what are stablecoins in a previous op-ed, I can now explain stablecoin liquidity. Let’s start with some definitions. This article is contributed...

The 22 Largest Global Startup Funding Rounds of Q3 2023

Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for Q3 2023. I have included...

Why China’s 1 trillion yuan debt plan isn’t necessarily such a big deal

A clerk of ICBC bank counts Chinese 100 yuan at its branch in Beijing.Kim Kyung-Hoon | ReutersBEIJING — Chinese authorities late Tuesday announced one...

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