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US Treasuries

China should bail on US bonds even faster, scholar says, as bilateral tensions and anxieties mount

by Anas Siddiqui
China should bail on US bonds even faster, scholar says, as bilateral tensions and anxieties mount

China’s investment in US government bonds is fraught with risks, tepid returns and other vulnerabilities – all of which should motivate Beijing to unwind its holdings further and avoid being …

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ICBC pumps funds into US unit after ransomware attack to pay US$9 billion for unsettled trades, hires cybersecurity firm

by Anas Siddiqui
ICBC pumps funds into US unit after ransomware attack to pay US billion for unsettled trades, hires cybersecurity firm

ICBC’s US unit told market participants on Friday it was hoping to finish the cyber review over the weekend, but the sources said they expected it would spill into next …

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