China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts ...
SHANGHAI (Reuters) - China central bank said it conducted its first swap operation involving securities, fund, and insurance ...
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 - The Swift International Banker's Operation Seminar 2024 (Sibos 2024) opened Monday in Beijing, a milestone ...
PBOC’s moves are not enough, given the lacklustre economic performance. Beijing should announce large-scale stimulus as soon as possible.
China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund, and insurance firms get ...
Asian equities were higher overnight as Hong Kong and Mainland China outperformed while South Korea underperformed.
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 ...
China's central bank boosted support for markets on Thursday as it launched a "swap facility" offering firms access to $70.6 ...
As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for many economists. Policymakers at the People’s Bank of China (PBoC ...
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 ...