Investors scale back China rate cut bets
Investors are reducing bets on immediate rate cuts in China as the derivatives market indicates a shift in…
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China
Volkswagen sales fall 2.3% amid cost pressures
Volkswagen reported on Tuesday a 2.3 per cent drop in its sales to just over nine million vehicles for 2024 as it…
China’s PBC offers 55b yuan off reverse repo
People’s Bank of China (PBC) announced on Tuesday a seven-day 55 billion-yuan reverse repo at an interest rate of…
Asian markets mixed on tariff news
Asian stocks experienced a mixed performance on Tuesday, as Chinese stocks surged following reports of a gradual US…
China’s total trade value hits $61.6t in ’24
China's total export and import value reached $61,622.9 billion in 2024.
China pledges ample liquidity for economy
China's central bank chief stated on Monday that the government will back a moderately loose monetary policy to…
Indian rupee plunges to record low on Monday
The Indian rupee hit a new all-time low on Monday, with its largest single-day decline in almost two years due to a…
China boosts yuan with new measures on Monday
China announced new measures on Monday to support its weak currency, including parking more dollars in Hong Kong to…
China’s c. bank offers 24.8b yuan off reverse repo
People’s Bank of China (PBC) announced on Monday a seven-day 24.8 billion-yuan reverse repo at an interest rate of…
Asian stocks drop on strong US jobs data
Asian stocks fell and the dollar reached 14-month highs following a strong payrolls report that raised bond yields…