The greenback edged higher as traders continued to weigh data that has raised the possibility that U.S. inflation may be peaking against Federal Reserve policymakers’ hawkish comments. The onshore …
Tagged By banking
China unexpectedly cuts 2 key rates, withdraws cash from banking system
China’s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the …
China cuts interest rate to shore up sagging economy
China’s central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to …
China Stocks With US Listings in Focus as Delisting Gathers Pace
Chinese stocks with a dual listing will be in focus on Monday, following a string of announcements from some of the nation’s largest state-owned enterprise that they are taking steps to delist from US …
China’s Popular EV Companies Enter Crucial Earnings Season
A raft of earnings from China’s electric vehicle makers will be heavily scrutinized by investors seeking evidence on whether the sector’s stock price rally can be revived. Most Read from …
China new home prices in July unchanged from June, down 0.9% y/y
China’s new home prices in July were unchanged for a second month as already fragile sentiment was further corroded by a mortgage boycott by homebuyers upset by unfinished projects despite continued …
Stocks Set to Rise as Traders Await Key China Data: Markets Wrap
A global rebound in stocks looks set to support Asian bourses as trading gets underway Monday ahead of key reports on China’s economic activity and liquidity operations by the nation’s central …
The China bogeyman – a dangerous game that politicians play
In the race to be Britain’s next prime minister, being tough on China seems like a prerequisite. Britain’s former finance minister Rishi Sunak has called China the biggest threat to the United Kingdom …
Cover Story: The Challenges Ahead for China’s Digital Yuan
In three years of experiments, China’s central bank has made significant progress in developing its central currency. Total transactions since late 2019 reached 83 billion yuan ($12.3 billion) as of …
The Reserve Bank’s growing China anxiety
The Reserve Bank is keeping an anxious watch on China’s embattled real estate sector, amid fears that construction activity could plummet, as developers’ funding dries up.
Real estate crisis in China can inflict bigger economic blow: Report
The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on the world’s second-largest economy, according to media report …
Countdown to 2047: Will India form alliances with like-minded economies to keep China at bay?
The mantra of strategic autonomy that involves partnership with both the US and Russia will be pursued to balance Beijings ambitions. Simultaneously, channels of engagement with Beijing will be kept …
Philippines, China agree to resume negotiations on 3 major railway projects
THE PHILIPPINES and China have agreed to resume negotiations on three major railway projects, the Department of Transportation (DoTr) said on Sunday.
