Feature China sets 5% growth target for ’24 Nada Ali Mar 5, 2024 0 Chinese Premier Li Keqiang announced 2024 economic growth target of around five per cent, pledging to transform the…
Banks China’s c. bank injects 324b yuan to boost banking system Nada Ali Feb 28, 2024 0 The People's Bank of China (PBOC) issued 324 billion yuan ($44.87 billion) through 7-day reverse repurchase…
International News Russia in talks with China on yuan loan Nada Ali Feb 26, 2024 0 Russia's Finance Ministry has been in discussions with Chinese counterparts about the possibility of obtaining…
Stocks Chinese stocks hold gains, Japan’s Nikkei up Nada Ali Feb 8, 2024 0 Chinese stocks managed to maintain their weekly gains on Thursday as Beijing implemented a series of measures to…
Banks China’s central bank adopts 14-day reverse repos Nada Ali Feb 4, 2024 0 The People’s Bank of China (PBOC) announced 14-day reverse repurchase agreements (repos) on Sunday worth 135…
Feature China’s public offering fund value reaches $3.88 tln Nada Ali Jan 28, 2024 0 China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…
Feature Yuan bounces as China mulls market bailout Nada Ali Jan 23, 2024 0 The Chinese yuan and Australian dollar rebounded slightly on Tuesday following Beijing plans to put about two…
News China’s major banks move to support yuan Nada Ali Jan 22, 2024 0 China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Banks China’s PBOC keeps LPR unchanged at 3.45% Nada Ali Jan 22, 2024 0 The People's Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per cent in line with…
Feature Yuan falls against dollar after PBOC holds rate Nada Ali Jan 15, 2024 0 China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…