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Preliminary PBOC data: China's financial institutions' total assets were 556.34 tln yuan at end-Q1 2026, up 8.8% YoY. Bank assets 494.72 tln yuan (+8.0% YoY); securities firms 19.15 tln yuan (+25.4%); insurers 42.47 tln yuan (+12.2%). Financial insti

2026-06-18

Preliminary PBOC data: China's financial institutions' total assets were 556.34 tln yuan at end-Q1 2026, up 8.8% YoY. Bank assets 494.72 tln yuan (+8.0% YoY); securities firms 19.15 tln yuan (+25.4%); insurers 42.47 tln yuan (+12.2%). Financial institutions' liabilities 509.53 tln yuan (+9.0% YoY): bank liabilities 455.69 tln yuan (+8.1%); securities liabilities 15.14 tln yuan (+30.9%); insurance liabilities 38.69 tln yuan (+12.7%).

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Trump said the U.S. will only lift sanctions on Iranian oil if Iran "does the right thing".

Trump said the U.S. will only lift sanctions on Iranian oil if Iran "does the right thing".
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