Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Traders are pricing an 87per cent chance of a 25-basis-point interest rate cut at next week's Fed meeting, up from 61.6per cent last week, according to the CME Group's FedWatch Tool, which would mark
Monetary policy support will be critical to China's economy next year as the US president-elect has vowed to impose steep tariffs on Chinese goods
Chinese policymakers have long relied on guidance to financial institutions to accelerate or scale back lending as a way to influence the economy
In sweeping statement of policy goals that was short on specific implementation plans, China promised to develop tax & investment policies that would support what Beijing calls a green transformation
The central bank has sounded warnings and introduced a flurry of measures, including plans to sell treasury bonds, to cool a long-running bond rally
China's 30-year government bond yield rose 2.5 basis points (bps) following the PBOC statement, while 10-year yields were up around two basis points
After adding to its gold reserves for 18 consecutive months, official data from the People's Bank of China (PBOC) showed its holdings were unchanged in May
Credit contracts as government bonds record net repayment
Country's central bank will provide loans through 21 banks to small and midsize technology companies at an interest rate of 1.75 per cent
China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened
Brent crude futures rose $1.11, or 1.1%, to $106.10 a barrel by 0019 GMT. U.S.
The People's Bank of China lowered the reserve requirement ratio for most banks by 25 basis points and for smaller banks by 50 basis points, according to a statement published Friday
Credit Suisse also raised its rating to 'overweight' on Chinese equities, from 'benchmark' earlier.
China's central bank is set to "timely replenish" liquidity shortfalls before the Lunar New Year holiday, the state-owned China Securities Journal said
The US Treasury Department cited China for a number of failures that prevent trading partners from gaining full knowledge of how it manages its currency
The People's Bank of China said it was keeping the rate on 1 trillion yuan worth of one-year medium-term lending facility loans to some financial institutions steady at 2.95% from previous operations.
The central bank will work with anti-monopoly authorities to prevent firms from abusing dominant market positions and actively deal with new monopoly problems
In its second-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity reasonably ample
The People's Bank of China (PBoC) added 700 billion yuan ($101 billion) of one-year funding via the medium-term lending facility
Sources say PBoC may have increased its stake by 0.2 percentage points in March