The People’s Bank of China, China’s central bank, has injected 50 billion yuan (US$8.2 billion) into the money market through open market operations, it announced on Tuesday. This has ... Read More
China adopted the International Monetary Fund’s standards for its latest balance of payments data as the nation seeks to obtain reserve-currency status for the yuan. The changes, effective this ... Read More
China’s central bank is just getting started with its efforts to shore up the country’s struggling economy. The People’s Bank of China announced new interest rate cuts over the ... Read More
China‘s economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in ... Read More
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its ... Read More
The People’s Bank of China echoed what many in the market have been saying for months now: the risk of deflation in the No. 2 economy is now very real. Speaking ... Read More
China’s 10-year government bonds headed for their biggest weekly decline since December on speculation a move to allow regional authorities to swap debt into municipal notes will increase supply. ... Read More
A long-awaited China International Payment System (CIPS) that would facilitate international usage of the yuan is ready and may be launched as early as September or October, three sources with direct knowledge of ... Read More
The euro traded 0.3 percent from a two-year low as Greece’s prime minister attempts to get his presidential candidate confirmed and avoid an early parliamentary election that risks severing ... Read More
China’s central bank has published details on its latest tool to provide liquidity as banks from Goldman Sachs Group Inc. to Australia & New Zealand Banking Group Ltd. (ANZ) ... Read More
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