Livi Bank, a virtual bank backed by the Bank of China (Hong Kong), will continue to expand lending to SMEs as it views the segment as a future growth engine after strong growth this year ...

BEIJING — China’s powerful Ministry of Finance said Saturday that it would borrow more to help cash-short localities and put ...

the People's Bank of China, rather than tax-and-spending moves by the government. In fact, many economists say that only a bold fiscal program would really move the dial.

After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest economy—finally acquiesced, unleashing a ...

The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy. By Keith Bradsher Reporting from Beijing China ...

The Bank of England will cut interest rates much faster than markets predict over the next year, a Wall Street investment ...

BEIJING: China's central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on ...

Ever wondered which world-famous buildings cost the most money to construct? From New York to Mumbai, we have ranked the most ...

which they described as "far from being a bazooka." Investment banks including Goldman Sachs, UBS and Bank of America have recently cut their 2024 growth forecasts. China's latest measures come ...

China’s central bank kicked off a specialized re-lending facility to help listed companies and major shareholders buy back shares, boosting market optimism over Beijing’s support and sending ...

Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus By Investing.com - Sep 20, 2024 1 Investing.com-- Gold prices rose in Asian trade on Friday as the dollar fell following ...

BEIJING (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth ...