Move brings together banking and mining institutions from top minerals producer Australia as well as chip exporters Japan and South Korea.
Tagged By banking
China Central Bank Takes More Steps to Boost Flagging Economy
The People’s Bank of China took more steps to boost its flagging economy, after a slew of downbeat indicators recently sparked concerns that Beijing’s official annual growth target of around 5% might be out of…
China’s central bank unveils broad easing measures to revive economy
China’s central bank announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year’s growth target.
China unleashes stimulus blitz in push to hit annual growth goal
The central bank announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since at least 2020. It also cut a key policy rate.
China’s broad rate cuts: How investors are reacting
China’s central bank will cut banks’ reserve requirement ratio by 50 basis points and further reduce key interest rates to support a recovery in prices, its governor Pan Gongsheng said on Tuesday.
China’s central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy
China’s central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy …
China c.bank will cut banks’ reserve requirement ratio by 50 bps
China’s central bank will cut banks’ reserve requirement ratio by 50 basis points and further reduce key interest rates to support a recovery in prices, its governor Pan Gongsheng said on Tuesday.
China’s central bank chief set to hold press conference days after Fed rate cut
People’s Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads.
Analysis-China’s retirement age reforms not enough to fix pension headache
China’s move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent …
China can’t boost its economy because its macro policy is ‘too slow and reluctant,’ Goldman Sachs says
Weak retail sales and potential labor market pressures show China’s policy pushes haven’t acted quickly enough, according to Goldman Sachs analysts.
China’s Impromptu Press Briefing Call Fuels Stimulus Hopes
KEY TAKEAWAYS China announced plans for an ad-hoc press briefing tomorrow on the economy by its financial regulators, including its top central banker.The impromptu press conference is fueling …
China’s Impromptu Press Briefing Call Fuels Stimulus Hopes
KEY TAKEAWAYS China announced plans for an ad-hoc press briefing tomorrow on the economy by its financial regulators, including its top central banker.The impromptu press conference is fueling …
Citigroup’s China expansion plan reportedly ‘hit a roadblock’ with US regulators; Citi China declines to comment
VCG. US bank Citigroup Inc has been working to set up a standalone securities firm in China, but it “has hit a roadblock with US regulators after the Federal Res …
