SHANGHAI (Reuters) – Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China’s markets prepare to reopen following a week-long holiday and after its central ban… ( read…
FINANCE
China’s central bank frees up nearly $175 billion to jump-start economy
BEIJING — China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slow……
China cuts bank reserve requirement to spur economy amid trade war
the country’s central bank. (Kyodo) BEIJING (Kyodo) — China’s central bank said Sunday it is cutting the amount of cash that large banks must hold as reserves, to ease credit and boost economic … (…
China slashes banks’ reserve requirements as trade war imperils growth
BEIJING (Reuters) – China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns…
China central bank cuts reserve requirement ratio by 1 basis point
BEIJING (Reuters) — China’s central bank on Sunday cut some banks’ reserve requirement ratio by 1 basis point to inject an additional 750 billion yuan ($109.2 billion) into the banking system. ( read original story…
China Slashes Banks’ Reserve Requirements As Trade War Hits Growth
China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic…
China Foreign-Currency Reserves Drop on Trade Tensions, Yuan
(Bloomberg) — China’s foreign-currency holdings fell in September, as heightened trade tensions with the U.S. fueled concerns of capital outflow and further yuan depreciation. Reserves declined by $2… ( read original story …)
China slashes banks’ reserve requirements to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that most banks must hold as reserves to lower financing costs and spur growth, amid concerns over a ……
China cuts some banks’ reserve requirements to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserve to lower financing costs and spur growth in the world’s second ……
‘Stay away from China,’ White House top economist tells U.S. businesses
“If I were a business, I would basically just stay away from China right now. Their misbehavior is so terrible.” Kevin Hassett, chairman of the Council of Economic Advisers said on Yahoo Finance’s Mar… (…
The Trump administration just escalated its high-stakes competition with China
The administration’s clearest and most comprehensive broadside on China yet followed what one official called “thousands of hours” of study and planning. It will involve agencies across the U.S. gover… ( read original story …)
China backs Financial Times Hong Kong editor’s visa denial
HONG KONG — China is defending its decision to refuse to renew the work visa of a Financial Times editor in Hong Kong. The case has drawn concern over the shrinking space for free speech…
China Rapid Finance Limited (XRF) Analysts See $-0.09 EPS
Analysts expect China Rapid Finance Limited (NYSE:XRF) to report $-0.09 EPS on November, 8.They anticipate $0.02 EPS change or 28.57 % from last quarter’s $-0.07 EPS. After having $-0.14 EPS previousl… ( read original story…