China’s central bank unexpectedly cut its short-term policy interest rate, easing its monetary stance to help aid the economy’s recovery. Most Read from BloombergElizabeth Holmes Objects to …
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China Bonds Rally With Analysts Seeing More Rate Cuts From PBOC
China’s sovereign bonds rallied, while its yuan weakened toward a closely watched-level after the central bank unexpectedly cut a policy rate. Property stocks also gained on hope of more stimulus.
China’s factory gate prices fell at fastest pace in 7 years in May: Report
China has been tackling a sharp decline in prices with factories getting less for their products from key overseas markets. The producer price index (PPI) for May reduced by 4.6 per cent, witnessing a …
China invests 7.3b yuan for work-relief programs in 2023
The work-relief programs are aimed at people in need, especially rural residents who have been lifted out of poverty, vulnerable individuals prone to return to poverty, and migrant workers returning …
Demand grows for Asian investment products that exclude China
Global fund managers say they are rushing to meet client demand for new Asian investment products that exclude China, as investor appetite for the region’s largest economy is hit by slowing growth and …
Hong Kong’s role as China’s only global financial hub must be cherished and protected
In the Global Financial Centres Index, Shanghai is ahead of Sydney, Seoul, Tokyo, Frankfurt and Mumbai, but still below New York, London, Singapore and Hong Kong Economic and trade power is not enough …
Billionaire Ray Dalio Issues Warning About Rise Of China, Why He Thinks U.S. Is On The ‘Brink Of War’
The Bridgewater founder tells the Forbes Iconoclast Summit that history points to a weakening of American influence.
Xi Jinping says Beijing will support Honduras’ economy while stressing ‘one-China principle’ as foundation for ties
China is determined to support Honduras’ economic growth, Chinese President Xi Jinping told his Honduran counterpart Xiomara Castro in their first meeting since the Central American country switched …
Microsoft’s Big Footprint In China Is Out Of Step With U.S. Security Concerns
The world’s biggest software provider is a major player in the Chinese market. That entails significant challenges for U.S. security.
China’s key joint-stock banks cut deposit rates
China’s key joint-stock banks have officially announced a reduction in renminbi deposit rates, with a 15 basis points cut for three-year and five-year deposits following the recent rates adjustment by …
China, HK stocks close roughly flat as investors brace for fresh data
China and Hong Kong shares closed roughly flat on Monday as investors brace for fresh data this week, which will likely add to concerns over the economic health of the world’s second-biggest economy.
China records fewest marriages in more than three decades as population crisis looms
China last year recorded its lowest number of marriages since public records became available, furthering a nearly decade-long decline in matrimony that has coincided with falling birth rates and …
Financial opening-up keeps gathering steam
China has taken another major step in the opening-up of its financial markets with the launch of swap connect, an interest rate swap market access scheme between the Chinese mainland and Hong Kong, in …