G20 finance ministers and central bank chiefs opened talks on Monday discussing debt restructuring deals, multilateral bank reform and finance to tackle climate change, aiming to bolster a sagging …
FINANCE
Oil slips after Libya resumes output, China data eyed
Prices softened after both benchmarks last week notched a third straight week of gains and touched their highest levels since April.
China PBOC Adds Liquidity at Unchanged Policy Rates
The Chinese central bank injected liquidity into the financial system via its monetary instruments at unchanged interest rates, signaling a hold on benchmark lending rates this month after June’s cuts …
China rolls over medium-term policy loans, interest rate unchanged
SHANGHAI/SINGAPORE (Reuters) – China’s central bank rolled over maturing medium-term policy loans and kept the interest rate unchanged as expected on Monday, however markets expect authorities will …
China Cbank Rolls Over Medium-Term Policy Loans, Rate Unchanged
The People’s Bank of China (PBOC) said it was keeping the rate on 103 billion yuan ($14.43 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged …
China’s economy is struggling to gain traction
Monthly data for industrial production, retail sales and fixed investment — all scheduled for Monday — are expected to show a marked slowdown in June. Retail sales growth, in particular, likely slid …
China rolls over medium-term policy loans, rate unchanged
China’s central bank rolled over maturing medium-term policy loans and kept the interest rate unchanged as expected on Monday, however markets expect authorities will need to unleash more stimulus to …
Market bounce hands US$6.6 billion to Hong Kong’s super-rich as investors bank on China ‘returning to pragmatism’
The stock market’s best week since January partly contributed to a US$6.6 billion wealth increase enjoyed by the city’s super-rich. Beijing’s return to pragmatism could spur more upside later this …
Your Monday Briefing: U.S. and China Restart Climate Talks
Also, the G20 finance ministers prepare to meet in India, China targets Canadian politicians and cricket rises in Texas.
Jake Sullivan calls China’s limits on chip metals a ‘self-defeating’ move that will spur others to ‘de-risk’ supply chains
China is hurting itself with export controls on key metals used in semiconductors, says White House National Security Adviser Jake Sullivan. Al Drago/Bloomberg via Getty Images China will only harm …
China’s response not encouraging on G20 common framework for debt, source says
China has not given an encouraging response so far on reaching a common understanding with the G20 bloc on the issue of restructuring the debt of vulnerable countries, a source aware of the matter …
Yellen calls for de-escalation of tensions between China, US
US Treasury Secretary Janet Yellen on Sunday dismissed the idea to lift Trump-era tariffs on China but urged for the de-escalation of tensions between Beijing and Washington, …
G-20 Latest: Yellen Sees China De-Escalation But Not on Tariffs
US Treasury Secretary Janet Yellen said she’s eager to build on recent improvements in US-China relations as finance chiefs from around the world gather in India to address global economic challenges …
