The People’s Bank of China has lowered its policy interest rate by 25 basis points to 3.1%, according to an official statement on Monday. Meanwhile, the market expectation was 3.15% for the one-year …
Tagged By banking
China’s first financial law platform released soon
China’s first online platform for searching overseas financial laws and regulations will open soon, in order to help build a sound business environment and promote high-level opening-up by the rule of …
China’s central bank cuts two key rates to boost economy
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 …
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 …
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.
China’s regulators chime in on charm offensive to maintain market momentum as growth stalls
CSRC Chairman Wu Qing solicited feedback from financial specialists and media representatives, according to a readout on the watchdog agency’s website.
Cuban Vs Ackman, Dalio’s Advice To China, Krugman’s Warning, And More: This Week In Economics
This week was a whirlwind of financial news, with billionaires clashing over political policies, renowned investors offering advice to world leaders, and economists warning against potential economic …
Why this global bank sees iron ore at $US130 next year
Fresh off a 5 per cent plunge in iron ore futures, new analysis from Deutsche Bank shows China’s stimulus package could rocket prices next year.
China posts slowest growth in over a year
China posted its slowest growth in a year and a half on Friday, underlining the deep economic woes the country faces as its central bank launched a new bid to boost markets and hinted at…