Yuan Drops to Key 7.2 Level on Slow Stimulus, PBOC’s Greenlight
China’s yuan weakened past the closely watched 7.2-per-dollar level as investor sentiment soured on a lack of aggressive
2023-06-21 10:58
Chinese Banks Cut Benchmark Lending Rates After PBOC Easing
Chinese banks lowered their benchmark lending rates for the first time in 10 months following a reduction in
2023-06-20 09:57
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
2023-06-13 11:49
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:19
Goldman Sees Little Respite for Yuan Despite PBOC Pushback
Goldman Sachs Group Inc. expects more gloom for the Chinese currency despite efforts from policymakers to shore up
2023-05-22 13:59
China’s Banks Keep Lending Rates Unchanged After PBOC’s Hold
Chinese banks kept their benchmark lending rates unchanged for a ninth consecutive month following the central bank’s decision
2023-05-22 09:47
Wall Street Splits on Cutting China Growth After Data Miss
Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the
2023-05-17 16:27
PBOC Extends Cash Support in May After Credit Growth Slumped
China’s central bank injected more long-term liquidity into the financial system for the sixth month in a bid
2023-05-15 10:21