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Russia: The death toll from the attack on Grenzhik by Ukraine has risen to six.

2026-08-03

Russia: The death toll from the attack on Grenzhik by Ukraine has risen to six.

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2026-08-03

Several state-owned and joint-stock banks, including Bank of China, China Construction Bank and Ping An Bank, have relaunched five-year large-denomination certificates of deposit as lenders seek to lengthen liabilities amid NIM pressure and shorter d

Several state-owned and joint-stock banks, including Bank of China, China Construction Bank and Ping An Bank, have relaunched five-year large-denomination certificates of deposit as lenders seek to lengthen liabilities amid NIM pressure and shorter deposit tenors. ICBC client managers say five-year large CDs and standard five-year deposits are on sale at about 1.6% but with limited quotas; Agricultural Bank’s Shenzhen branch offers ordinary five-year deposits at 1.6% while not listing large-denomination CDs. Market checks indicate some issues reach 1.75%. Botong Consulting chief analyst Wang Pengbo says banks are using long-term large CDs to attract more stable core funding and alleviate asset-liability duration mismatch, framing the reintroductions as temporary liability-management measures rather than a permanent funding strategy shift.
2026-08-03

Indian stainless steel manufacturer Jindal Stainless: Exports to the EU are declining, but the company's total exports are expected to increase.

Indian stainless steel manufacturer Jindal Stainless: Exports to the EU are declining, but the company's total exports are expected to increase.
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