China

Why GCC economies could see more of the yuan

In relation to growing cross-border trade.

PBOC announces third rate cuts since July 2012

It explained the rationale in a statement.

ICBC 1Q15 earnings increase 1.4% YoY to RMB74.3b

It's experiencing stable operations in tough times.

China Merchant Bank's 1Q15 earnings jump 15.2% YoY to RMB17.2b

Robust interest partly drives solid bottom-line growth.

CMB 1Q15 net profits jump 15 y/y to RMB17.2 bn

Thanks partly to solid margin expansion.

FX policy to support broad RMB stability

In line with reforms being promoted.

ICBC's 1Q15 net profit sneaks up by 1% to RMB74b

It experienced slower fee income growth partly.

China CITIC Bank 1Q15 earnings edge up 2.1% to RMB10.9b

There's also rising appetite for interbank business.