China’s central bank ‘playing dangerous game’ to defend yuan
China's central bank is playing a dangerous game using the country's foreign reserves to prop up the yuan because…
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PBOC
China’s yuan falls to its lowest in nearly eight years as dollar jumps after US election
China's currency dropped on Tuesday to nearly eight-year lows against the dollar as a rise in the greenback…
China Bank fixes yuan at lowest level against dollar in more than 5 years
The People’s Bank of China set on Wednesday its daily yuan-fixing at the weakest level against the U.S. dollar in…
China suspends forex business for some foreign banks: Reuters
China's central bank has suspended at least three foreign banks from conducting some foreign exchange business…
China Central Bank cuts interest rates, reserve requirement
China's central bank said in a statement Tuesday it cut interest rates by one-quarter of a percentage point and…
China’s central bank vows prudent policies in 2015
BEIJING - China's central bank on Friday said it will continue with its prudent monetary policies in 2015 with…
UK and China Strike Renminbi Bank Deal
The U.K. has struck a deal with China to set up a renminbi clearing bank in London, as Britain tries to…
Europe Higher for Second Day on Stimulus Hopes; DAX up 1.1%
European stocks were higher on Wednesday amid hopes the European Central Bank (ECB) and the People's Bank of…
China Money Rate Tumbles Most Since 2011 as PBOC Injects Cash
China’s benchmark money-market rate tumbled the most since February 2011 after the central bank injected funds via…
Asia Shares Inch Ahead, China Money Rates Spike Anew
Asian stocks crept cautiously higher on Monday encouraged by record highs on Wall Street, though an on-going…