CHINA TOPIX

11/02/2024 01:26:11 pm

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Postal Savings Bank of China did not fare so well on its first trading day at the Hong Kong Stock Exchange on Wednesday.

Postal Savings Bank of China Makes Flat Market Debut

Despite breaking the record of raising $7.4 billion in the world's largest initial public offering (IPO), Postal Savings Bank of China did not fare so well on its first trading day at the Hong Kong Stock Exchange on Wednesday.

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China Temporarily Withdraws Banking Tech Policy, Following Trade Group Complaints

Backpedalling is rare from the Chinese government, but given the severity of information needed in the new policy it will look into amending the policy.

Tyupkin on an ATM

Hackers Stole Millions From ATMs with Malware

Researchers from Kaspersky Lab announced Tuesday that Backdoor.MSILTyupkin, a malicious program designed to work on Automatic Teller Machines that are running the 32-bit version of Windows, was used by hackers to steal millions of dollars.

dollar sign

Bank Says New Funding Rule Makes Trading More Expensive

A new global rule is being proposed to force banks into safer funding, which will reportedly make short-selling more expensive.

Japanese Firms Seeking Foreign Investment as Domestic Profits Stagnate

Federal Reserve Bank Scrutinizes Deutsche Bank

The Federal Reserve Bank of New York found some serious oversight in the financial reporting process of Deutsche Bank, the New York Times reported.

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