China’s Liquidity Crunch Extends Even as PBOC Injects Cash
China’s ramp-up in liquidity injections has failed to alleviate a squeeze in the money market, keeping borrowing costs ...
PBOC sets USD/CNY reference rate at 7.1717 vs. 7.1696 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1717 as compared ...
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
Analysis-China's Key Property Rescue Tools Are Too Hard to Use to Make an Impact
BEIJING/HONG KONG (Reuters) - Key tools China introduced last year to stabilise the property market are making very little ...
In balancing risks and rewards, China set to leave lending rates unchanged in Feb
China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as authorities walk a ...
Morning Bid: China sets rates, trade war fear dissipates?
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Yen Jumps Amid Signs Tokyo Does Not Object To Normalizing Monetary Policy
The dollar's gains scored in North America yesterday have been reversed today. It is softer against all the G10 currencies, ...
Asia markets down as Trump tariff threats, potentially higher-for-longer U.S. rates dent sentiment
The broad market index added 0.24% to close at 6,144.15, while the Nasdaq Composite gained 0.07% to 20,056.25. The Dow Jones ...
Asia markets mostly in red, with positive Japanese GDP growth and weak U.S. retail sales report
Asia-Pacific markets mostly lower on Monday, taking cues from a weak lead on Wall Street on Friday, following disappointing ...
Business Times2d
PBOC injects most short-term funds this month amid cash crunch
CHINA’S central bank increased injection of short-term funds into the financial system on Friday (Feb 21), in an attempt to ...
PBOC: To promote cross-border use of the Yuan currency
To allow for currency swap and Yuan settlement to play their respective roles. The Chinese proxy, the Australian Dollar (AUD) is unperturbed by these headlines. AUD/USD is trading 0.50% firmer on the ...