China to cut reserve requirement ratio: central bank governor
The People's Bank of China, the country's central bank, announced on Tuesday that it will soon reduce the bank reserve requirement ratio by 0.5 percentage points, injecting around 1 trillion yuan ($141.81 billion) in long-term liquidity into the financial markets.
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
Pan Gongsheng, governor of the People's Bank of China, the nation's central bank, said at a news conference on Tuesday that the reserve requirement ratio — the amount of cash that banks are required ...
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China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash ...
Local shares continued to be boosted by the Bangko Sentral ng Pilipinas' (BSP) move to cut banks' reserve requirement ratio ...
By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) -Stocks globally slipped on Wednesday, with a continued ...
Qi Wang, CIO, wealth management at UOB Kay Hian, discusses "two concerns" he has about the Chinese market and the recent ...
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