News Snapshot:
Quick Summary: BEIJING : Industrial and Commercial Bank of China Ltd (ICBC), the world's largest commercial lender by assets, said net profit grew 4.9 per cent year-on-year in the first half of this year as the Chinese economy recovered from the COVID-19 pandemic.Profit was 171.5 billion yuan ($24. The data implies a second quarter net profit of 80.9 billion yuan, up 4 per cent from a year earlier, Reuters calculations show.Pressed for time? Top China bank ICBC, world's largest, posts 4.