China’s Major Commercial Banks Cut Deposit Rates Again
Major Chinese banks have cut their deposit rates, a move that could help ease pressure on lenders’ profits.
China cuts key lending rates to support growth
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
Asian Shares Mixed After China Rate Cut
Asian stocks turned in a mixed performance on Monday as China's central bank once again cut interest rates and the country's banks
Asian markets mixed as traders digest China rate cut
Asian markets started the week on a mixed note Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world's number two economy, while gold hit
Asian markets mixed after China cuts key rates
Stock markets in the U.S. on Friday gained on the back of a post-earnings surge in streaming giant Netflix, which in turn helped the overall benchmark S&P 500 index (SP500) to its longest weekly win streak of 2024.
Asian markets fluctuate as traders digest China rate cut
Asian markets swung Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world's number two economy, while gold hit a record high on geopolitical concerns.
China Central Bank Rate-Cut Underwhelms Asian Stock Markets
Asian stock markets turned in an uneven Monday, after a rate cut by Beijing's central bank failed to assuage investor concerns regarding the outlook for China's giant economy and property sector. Hong Kong and Tokyo finished in the red as Shanghai inched higher,
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China to pump $325 billion into economy over next three months
CCTV reported that major banks including the Industrial and Commercial Bank of China, Agricultural Bank of China, ...
China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed ...
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China's forex market turnover up 10.1% in first three quarters
BEIJING - China's foreign exchange market saw a turnover of $30.27 trillion in the first three quarters of this year, up 10.1 ...
Chinese Banks Set to Cut Deposit Rates as Soon as This Week
Chinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of deposits as soon as this week after the latest ...
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China says will issue special bonds to boost ailing economy
CCTV reported that major banks, including the Industrial and Commercial Bank of China, Agricultural Bank of China, ...
Major commercial banks announce policies to cut existing mortgage rates, effective from Oct 25
China's major commercial banks, including the Industrial and Commercial Bank of China, Agricultural Bank of China, the Bank ...
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence ...
China September industrial output rises 5.4%, beating expectations
China's industrial output in September grew 5.4% from a year earlier, up from a 4.5% pace in August, providing some ...
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
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Metals rise after Chinese banks cut rates to aid property market
Industrial metals including copper and zinc rose after Chinese banks cut their benchmark lending rates, part of a push by ...