China’s central bank unexpectedly cut the rate on its medium-term loans to banks, just days after its surprise reduction to a key short-term policy rate as it sought to support the country’s ailing …
FINANCE
China’s Central Bank Cuts Key Policy Rate in Surprise Move
China’s central bank surprised markets again by cutting another key policy rate, continuing a wave of monetary easing as it looks to support the country’s ailing economy.The People’s Bank of China on …
Pakistan’s finance minister in Beijing to seek debt relief, say sources
ISLAMABAD (Reuters) – Pakistan’s Finance Minister Muhammad Aurangzeb on Thursday arrived in Beijing to open talks on power sector structural reforms suggested by the International Monetary Fund (IMF), …
China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.
China to earmark $41 billion in bond funds to bolster recovery
About half the planned bond funds will be used for supporting consumer goods trade-ins, according to a notice issued by the National Development and Reform Commission (NDRC), the state planner, and …
Can China’s Politburo ‘break the deadlock’ on economic growth as half-year comes in focus?
Compared with China’s just concluded third plenum, a Politburo meeting in the coming days is expected to more directly impact market expectations.
China’s industrial production performs strongly in H1 with rising growth and new drivers: report
China has shown major bright spots of continued improvement across industrial production and exports, tied with robust consumer spending throughout the second quarter of this year, reflecting the …
China surprises markets again by cutting key MLF rate
China’s central bank has once again surprised markets by conducting an unscheduled lending operation at a much lower interest rate on Thursday to help support the slowing economy. The People’s Bank of China conducted one-year…
Market analysts react to surprise rate cut in China
China surprised financial markets with an off-cycle cut to bank funding costs on Thursday. Stocks fell and bonds rallied after the announcement of a 20 basis point reduction in the one-year …
Amid Tensions With China, Some US States Are Purging Chinese Companies From Their Investments
Now Malek is touting the Chinese divestment as he seeks reelection in an Aug. 6 Republican primary against challengers who also are denouncing financial connections to China. The Missouri treasurer’s …
China central bank surprises by lending again at lower rates
China’s central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are trying to provide …
China has ratcheted up its effort to spur growth by cutting a key policy rate and interest on bank deposits
BEIJING (AP) — China has ratcheted up its effort to spur growth by cutting a key policy rate and interest on bank deposits.
China central bank unexpectedly conducts medium-term loan operation, cuts interest rate
China’s central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions earlier this week. The …
