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Industrial Bank: Reshaping Through Painful Transformation

Industrial Bank: Reshaping Through Painful Transformation

``` For Industrial Bank, the report card for 2025 carries no miracles, only the painful pruning and reshaping brought about by stock competition. Reflected in the surface layer of the financial report, the bank's core indicators show a steady trend: annual operating income of 212.741 billion yuan, net

Report: Iran claims the Strait of Hormuz has been closed, three container ships have been expelled.

Report: Iran claims the Strait of Hormuz has been closed, three container ships have been expelled.

``` According to CCTV International News, today (March 27), Iran’s Islamic Revolutionary Guard Corps issued a statement declaring that the Strait of Hormuz is now closed, and any attempt to pass through the strait will be met with severe strikes. The statement also said that any vessels traveling to and

Operations services take on the heavy burden of profit—has Longfor's second engine started running?

Operations services take on the heavy burden of profit—has Longfor's second engine started running?

``` Author | Zhou Zhiyu The real estate industry has been discussing the "new model" for several years, but the number of companies that have truly emerged from the old model can be counted on one hand. Most real estate companies are still trapped in a quagmire of debt, and

Never would have thought! The US dollar is about to record its biggest gain in half a year.

Never would have thought! The US dollar is about to record its biggest gain in half a year.

``` The US dollar is poised for its strongest monthly rally since July last year, as safe-haven demand triggered by Middle East conflicts and soaring energy prices have completely disrupted Wall Street’s forecasts for this global reserve currency. The Bloomberg Dollar Spot Index has risen more than 2% in March.

Middle Eastern benchmark distortion? Asian refineries abandon Dubai crude prices, start switching to pricing U.S. crude with Brent.

Middle Eastern benchmark distortion? Asian refineries abandon Dubai crude prices, start switching to pricing U.S. crude with Brent.

The historic surge in Middle Eastern benchmark oil prices is reshaping Asia’s crude trade landscape. After Dubai crude set an all-time record of about $170 per barrel, surpassing Brent, Asian refiners have begun switching their U.S. crude pricing benchmark from Dubai to ICE Brent. Meanwhile, the Japanese government

Asian allies seek oil, but Japan chooses to prioritize self-preservation! Japanese Minister of Trade: Strategic oil supply will be prioritized for domestic use.

Asian allies seek oil, but Japan chooses to prioritize self-preservation! Japanese Minister of Trade: Strategic oil supply will be prioritized for domestic use.

``` Continued disruption of shipping in the Strait of Hormuz is impacting Asia's energy supply. Japan has made it clear that its strategic petroleum reserves will primarily be used for domestic refiners, dashing the hopes of Asian countries such as the Philippines and Vietnam, which had sought assistance from

The energy crisis is imminent, and the Philippines has entered a "nationwide state of emergency."

The energy crisis is imminent, and the Philippines has entered a "nationwide state of emergency."

``` Ongoing conflict in Iran continues to block the Strait of Hormuz, subjecting Asia’s energy supply chain to its most severe stress test in decades. This week, Philippine President Ferdinand "Bongbong" Marcos Jr. signed Executive Order No. 110, declaring a nationwide energy emergency. The order grants the government