The US financial magazine Global Finance released the list of the world's 50 largest banks by total assets in 2020 (World's Biggest Banks 2020), with China's Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and Bank of China taking the top four. The asset data of each bank comes from the financial reports of Fitch, Moody's etc. The total assets of the world's 50 largest banks increased by 14% from the previous year. Among them, European banks have total assets of US$26.6 trillion, accounting for 32%; 13 Chinese banks have total assets of [...]

According to China customs statistics,  In 2020, the total value of China's import and export of goods trade was RMB 32.16 trillion, an increase of 1.9% over 2019. Among them, exports were 17.93 trillion yuan, an increase of 4%; imports were 14.23 trillion yuan, a decrease of 0.7%; the trade surplus was 3.7 trillion yuan, an increase of 27.4%. In 2020, China's export of mechanical and electrical products was 10.66 trillion yuan, an increase of 6%, accounting for 59.4% of the total export value, an increase of 1.1% year-on-year. Among them, the export of notebook computers, household appliances, [...]

Liquor Beer producer ABInbev announced its results for the third quarter of 2020. Quarterly revenue was 13.172 billion US dollars, compared with 12.816 billion US dollars in the same period last year. The net profit attributable to shareholders was US$3.003 billion, compared with US$1.039 billion in the same period last year. Asahi Group Holdings, Ltd. announced its January-September 2020 results. Revenue for the current period was 1471.4 billion yen (approximately US$14.2 billion), compared with 1.55 trillion yen in the same period last year. Operating profit was 118 billion yen, compared with 159.8 billion yen in the same period [...]

DENSO CORPORATION announced its results for the first half of the fiscal year (April-September) ending September 30, 2020. The current revenue was 2,074.7 billion yen (19.9 billion U.S. dollars), a decrease of 20.8% from 2,618.4 billion yen in the same period last year. The current operating loss was 69.6 billion yen, and the operating profit for the same period last year was 134 billion yen. The net loss for the current period was 71.1 billion yen, and the net profit for the same period last year was 104.2 billion yen. MAGNA INTERNATIONAL INC. announced its 2020 Q3 results. [...]