Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid ...
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year ...
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...
The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the yield curve, spurring bets the central bank may resume government debt ...
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following ...
The Year of the Snake in 2025 brings the promise of wisdom, adaptability, and transformation. However, hopes of renewed ...
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth ...
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased ...