China’s central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world’s second-largest economy. The …
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China’s central bank cuts two key rates to boost economy
China slashes key lending rates to bolster ailing economy
Beijing looks to boost sluggish spending in the world’s second-largest economy. Read more at straitstimes.com.
China slashes key lending rates to bolster ailing economy
Beijing looks to boost sluggish spending in the world’s second-largest economy. Read more at straitstimes.com.
Beijing urges HSBC to keep backing mainland China and Hong Kong’s development push
Xia Baolong, Beijing’s point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in nation’s capital Beijing’s point man on Hong Kong affairs has met HSBC Group …
4 China public figures, celebrities whose philanthropy makes a significant impact
From Covid-19 pandemic support to education for impoverished children, high-profile celebrities in China are making a difference through charity It could be the Ice Bucket Challenge or straightforward …
China’s listed companies rush to tap central bank funding for share purchases
More than 20 Chinese listed companies have announced plans to tap special central bank lending for share purchases, according to exchange filings, days after the People’s Bank of China (PBOC) kicked …
China’s surplus crude oil hits nearly 1 million bpd for September: Russell
The weak position of China’s crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 million barrels per day of oil being …
China cuts benchmark loan prime rates by 25 bps
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
1st China-Europe freight train for CIIE 2024 arrives in Shanghai
The first “Jinbo” China-Europe freight train carrying exhibits for the 7th China International Import Expo (CIIE) arrived at the Minhang Station in Shanghai on Sunday, marking the fourth consecutive …
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.
Chinese Non-Bank Liquidity Tightens as Investors Rush to Stocks
Liquidity conditions at China’s non-bank financial institutions have tightened this month as traders redeemed cash to ride the upswing in local shares.
IPOs gearing up for blockbuster week
Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money before the US election.
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