China’s central bank cut its key interest rate for the first time in almost two years, bolstering an economy that’s losing momentum in the face of repeated virus outbreaks.Most Read from BloombergOne …
Tagged By banking
China’s central bank cuts two key rates to support slowing economy
China’s central bank on Monday cut two key interest rates that would likely translate into lower benchmark lending rates, in a bid to provide more support for the slowing economy.
OCBC Bank: China’s 2022 Growth To Ease Further To 5%
OCBC Bank Head of Treasury Research & Strategy, Global Treasury, Selena Ling, expects China’s GDP growth to ease further to around 5 percent this year. She was speaking with Yvonne Man and David …
China’s economy grew 8pc in 2021 but property, virus threats loom
China’s economy expanded at its fastest pace for 10 years in 2021, according to an AFP poll of analysts, but its strong recovery from the Covid-19 pandemic is threatened by Omicron and a property …
China 2021 crude steel output retreats 3% from record high on stringent production curbs
China’s annual crude steel production fell for the first time in six years in 2021, retreating from record levels it logged in 2020 as the country steps up efforts to contain emissions in its mammoth…
Brent Oil’s Rally to Seven-Year High Falters on China Weakness
Brent oil’s run to the highest intraday level since 2014 faltered after data signaled economic growth slowed in China, the top crude importer.Most Read from BloombergOne of the World’s Wealthiest Oil …
Beijing office sector logs record performance in 2021
Beijing’s office market registered a record-breaking performance last year as demand surged after the disruption caused by the COVID-19 pandemic, and this may offer more expectations for 2022, …
China cuts rates on policy loans for first time since April 2020
SHANGHAI: China’s central bank on Monday cut the borrowing costs of its medium-term loans for the first time since April 2020, defying market expectations, to cushion any economic slowdown.
Stocks Mixed as Traders Evaluate China Rate Cut: Markets Wrap
Asian stocks were mixed Monday as traders weighed policy easing by China’s central bank ahead of data expected to underline the slowdown in the nation’s economy.Most Read from BloombergDjokovic Loses …
China stocks favoured by UBS, Goldman can wait as US$3.9 trillion mutual fund industry struggles to attract new investors
Sales of mutual fund products amounted to 21 billion yuan in the first two weeks, on course for slowest January since at least 2018 The limp mirrors the market slide, poor returns from star fund…
China Pioneer Pharma Holdings (HKG:1345) Will Be Hoping To Turn Its Returns On Capital Around
For those who don’t know, ROCE is a measure of a company’s yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on China Pioneer …
U.S. Equity Futures Mixed; Asia Awaits China Data: Markets Wrap
Asian stocks looked set for a cautious open Monday ahead of data expected to underline China’s economic slowdown amid speculation that officials there will take steps to bolster growth. Most Read from …
American financial institutions’ hypocrisy on China
That ugly reality includes the fact that American financial institutions — most of whom have committed to the principles of the ESG craze — make the genocidal slaving regime of Communist China …
