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Joe Biden’s - 1 cybercriminals - 1 it’s - 1 there’s - 1 ICBC - 1 – - 1 reckons - 1 John Foley - 1
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U.S United States Commercial Bank of China’s U.S Wuhan Hubei Rights NAPERVILLE , Illinois Iowa Beijing
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Thomson - 2 Industrial - 1 Commercial Bank of China - 1 SS - 1 Treasuries - 1 Companies - 1 Caesars Entertainment - 1 Commercial Bank of China’s - 1

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☆ Ransomware targets will pay one way or another
  + stars: | 2023-11-17 | by ( Anita Ramaswamy | ) www.reuters.com   time to read: +3 min
The White House has even considered an outright ban on firms making ransom payments. If companies can’t pay ransom, there’s no point in asking for it. ICBC’s self-identified attacker, a gang of digital extortionists called Lockbit, says ICBC paid up. Follow @AnitaRamaswamy on XCONTEXT NEWSThe Industrial and Commercial Bank of China’s U.S. arm was hit by a ransomware attack that disrupted some trades in the U.S. Treasury market on Nov. 9. A senior White House official said on Oct. 31 that the U.S. government planned to lead an alliance of 40 countries in a pledge to never pay ransom to cybercriminals.
Persons: Joe Biden’s, cybercriminals, it’s, there’s, ICBC, –, reckons, John Foley, Aditya Sriwatsav Organizations: Reuters, Industrial, Commercial Bank of China, SS, Treasuries, Companies, Caesars Entertainment, Commercial Bank of China’s, U.S . Treasury, White House, ., Thomson Locations: U.S, United States, Commercial Bank of China’s U.S
☆ China signs US soy export deals, but unclear if sales will follow
  + stars: | 2023-10-25 | by ( Karen Braun | Thomson Reuters | As A Columnist For Reuters | ) www.reuters.com   time to read: +3 min
The potential timing of those sales is uncertain, as similar agreements in the past have sometimes led to immediate announcements of large U.S. export sales while other times they have not. Soybean Export Council (USSEC) on Tuesday were also unusually thin as neither volumes nor commodities were specified as normal. Therefore, large daily sales announcements from the U.S. Department of Agriculture are not guaranteed to follow. Some of the other biggest daily soybean sales also immediately followed signings. U.S. soybean export sales to China, October 12Karen Braun is a market analyst for Reuters.
Persons: Stringer, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, China, Export, U.S . Department of Agriculture, Brazil, Reuters, Thomson Locations: Wuhan, Hubei, Rights NAPERVILLE , Illinois, Iowa, U.S, Beijing, China, China’s U.S
☆ China’s U.S. audit capitulation is rare win-win
  + stars: | 2022-12-16 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com   time to read: +3 min
NISEKO, Japan, Dec 16 (Reuters Breakingviews) - The history of Sino-American diplomatic relations is not replete with unequivocal U.S. negotiating victories. State-owned giants including oil refiner Sinopec (600028.SS) voluntarily decamped while its peer CNOOC (0883.HK) was booted off on a separate government order. Their departure helped erase over half a trillion dollars from the collective value of Chinese companies there between June and September. Scandals overseas do not help: many Chinese investors, for instance, had stakes in Luckin. For their part, Chinese regulators tightened cybersecurity reviews of companies listing abroad, alleviating the concerns of officials who suspect American intentions.
☆ Column: USDA questioned on Black Sea, China grain estimates in virtual meeting
  + stars: | 2022-11-16 | by ( Karen Braun | Thomson Reuters | As A Columnist For Reuters | ) www.reuters.com   time to read: +5 min
It showed 2022-23 Ukraine corn production at 25.8 million tonnes versus USDA’s official estimate of 31.5 million. However, official USDA estimates also use this general “policy in place” framework, so it is a decent bet that the approach was similar. That means its Ukraine estimates still include Crimea and all Russian-occupied areas, and no land area has been added to Russia. CHINA CORNThe market was tipped off in mid-2020 that something may be amiss with Chinese corn stocks as domestic prices began rallying well before U.S. ones. In other words, it appears USDA does not have hard, indisputable evidence of a strong decline in Chinese corn stocks.
☆ Column: Sinking demand combats shrinking U.S. soy crop as trade nails corn yield
  + stars: | 2022-10-13 | by ( Karen Braun | Thomson Reuters | As A Columnist For Reuters | ) www.reuters.com   time to read: +4 min
U.S. corn yield is now nearly 10 bushels per acre lower than the earliest projections, though the trade has anticipated that decline very well. Analysts have nearly nailed the last two corn yield estimates, their best-known performance for these months. When considering all of the past 20 years, U.S. soybean yield in January was lower than in October eight times. This is the third month in a row where USDA’s corn yield is lower than in the previous month. In the last 20 years, U.S. corn yield was lower in both September and October four other times, most recently in 2020.
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