The unlikely new rescuer of China's banks: the tobacco monopoly
China National Tobacco Corp. is deploying its massive cash reserves to stabilize struggling lenders, signaling deeper stress in the financial system.

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11 briefings · “banks”
China National Tobacco Corp. is deploying its massive cash reserves to stabilize struggling lenders, signaling deeper stress in the financial system.
A record $450M Series C puts real capital behind reusable spacecraft and creates a second credible standard for orbit.
The capital injection aims to spur lending, but legacy bad debts and weak demand keep banks cautious. Here's what it means for credit growth.
Beijing is front-loading 360 billion yuan into the financial system's biggest names to absorb bad-loan pressure and reignite credit growth.
The Ministry of Finance is deploying 360 billion yuan across the country's largest state-owned financial institutions, a rare direct intervention that reshapes the risk picture for China watchers.
Record second-quarter earnings across the Gulf signal a resilient regional economy, but oil-price volatility and geopolitical risk still loom for boards.
Central banks are rethinking where gold is safe after Russia's assets were frozen, and the Dutch just made the biggest move yet.
Three global banks host conferences in the Chinese tech hub, signaling a shift in capital flows toward the country's advanced manufacturing and AI sectors.
Citigroup projects a $12 trillion market cap for SpaceX, but banks' lofty price targets ignore the company's struggle to reach public-market exit velocity. Here's what the research really says.
Six months into the US-Israel war on Iran, energy giants and banks are cashing in while airlines and food security suffer - here's the economic scorecard.
A daughter faces a legal maze: every bank demands the signature of a mother who can no longer give it. Here is the path forward.