The focus in Asia on Thursday turns to the People’s Bank of China (PBOC). After keeping the rate on maturing medium-term policy loans rolled over this week unchanged, all 26 analysts in a Reuters poll…
FINANCE
ASIA China to keep rates on hold … for now
The focus in Asia on Thursday turns to the People’s Bank of China (PBOC). After keeping the rate on maturing medium-term policy loans rolled over this week unchanged, all 26 analysts in a Reuters poll…
Marketmind: China to keep rates on hold … for now
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s central bank is expected to leave key interest rates on hold on Thursday, but the …
Biden needs to deal with China’s ever-closer ties to Iran
Iranian economic cooperation, as well as the Chinese-brokered detente between Iran and Saudi Arabia, exemplify the need for Washington’s attention.
China’s central bank structural policy tools rise to $952 billion
China’s outstanding structural policy tools totalled 6.87 trillion yuan ($952.14 billion) at the end of June, the central bank said on Wednesday, up 0.7% from 6.82 trillion yuan at the end of March.
China’s digital yuan transactions seeing strong momentum, says cbank gov Yi
Transactions using China’s digital yuan hit 1.8 trillion yuan ($249.33 billion) at end-June, the country’s central bank governor Yi Gang said on Wednesday, marking a jump from over 100 billion yuan as …
China’s c.bank structural policy tools rise to $952bln
China’s outstanding structural policy tools totalled 6.87 trillion yuan ($952.14 billion) at the end of June, the central bank said on Wednesday, up 0.7% from 6.82 trillion yuan at the end of March.
China’s digital currency: Bank of China helps mainland tourists spend e-CNY in Hong Kong at select retailers
Bank of China Hong Kong kicked off a new e-CNY trial with 200 merchants on Tuesday, its third in the city to test cross-border payments of China’s sovereign digital currency.
China to sell US$1.7 billion of government bonds in Hong Kong in August to promote yuan’s internalisation, tap cheaper money
Beijing will sell 12 billion yuan of offshore bonds as it continues its efforts to promote the yuan internationally Demand for yuan-denominated financial products is rising as countries from Brazil to …
China’s fiscal revenues hit 11.92 trillion yuan in first half year, up 13.3%: Finance Ministry
The steady recovery of Chinese economy will provide significant support for the continued growth of fiscal revenue in the coming months, the Ministry of Finance said on Wednesday. Xue Xiaoqian, an …
Given situation between the US and China, at least they’re talking
U.S. Treasury Secretary Janet Yellen’s recent trip to China shone a spotlight on how schizophrenic the relationship between the U.S. and China, the world’s number one and number two economic …
China’s cautious consumer confidence is dampening economic recovery, says ADB
China’s cautious consumer confidence spending has been a “a dampener” for its fragile recovery, according to Albert Park, chief economist at ADB.
China’s finance ministry to issue sovereign yuan bonds in Hong Kong next month
BEIJING – China’s finance ministry will issue 12 billion yuan ($1.68 billion) of yuan-denominated bonds in the Hong Kong Special Administrative Region next month, according to the Ministry of Finance …
ADVERTISEMENT
