Business
China Closes Hundreds of Rural Banks
Beijing has shuttered 670 rural banks in an effort to consolidate and strengthen the financial system. The move aims to create fewer, larger, and better-capitalized lenders.
Coverage timeline — 2 articles
CNBC
Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.
2026-10-05 10:20 UTC
MarketWatch
Bond selloff is opening up rare opportunities for investors. Here is where to look, says major bank.
The chief investment office at Standard Chartered said bond and money markets have been overly hawkish on the Federal Reserve.
2026-10-05 10:33 UTC