China's central bank on Wednesday said it would slash another key interest rate, a day after it unveiled a raft of new ...
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in ...
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors ...
China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to ...
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
Most Asian markets built on a global rally Wednesday as China announced another interest rate cut the day after unveiling a ...
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest ...
China announced a suite of new heavyweight policies to boost the economy on Tuesday, including cuts to the mortgage rate for existing housing and its reserve requirement ratio, while it also planned ...
A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration.
Investors are weighing the chances of another jumbo interest rate cut and China's launch of aggressive stimulus.