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20 hours ago · The LPR reduction was, in turn, triggered by the People's Bank of China, the country's central bank, which cut the seven-day reverse repo rate — it has emerged as the most important policy ...
8 hours ago · In July, the Chinese central bank, the People’s Bank of China (PBOC), began borrowing national bonds and selling them in the secondary market. While this action can temporarily increase ...
20 hours ago · According to preliminary data released by the authorities, China's GDP in 2023 was CN￥126.06 trillion (US$ 17.89 trillion [30]) with a real increase of 5.2% than the last year. [31] China is the world's largest manufacturing economy and exporter of goods. [32]
13 hours ago · China Economy: China took significant steps to bolster its slowing economy by unexpectedly cutting a key policy rate and doubling subsidies for electric vehicles aimed at replacing older cars. The People's Bank of China slashed its one-year medium term policy loan rate by 20 basis points to 2.3%, the largest cut since the Covid-19 pandemic in 2020.
20 hours ago · People's Bank of China. CHINA’S benchmark government bond yield fell to a record low, testing policymakers’ resolve to stem the move. The yield on the 10-year sovereign note fell to 2.17 per cent on Friday (Jul 26), below the 2.18 per cent hit on Jul 1, according to data compiled by Bloomberg going back to 2002.
20 hours ago · SINGAPORE : EvolutionX Debt Capital Pte, a joint venture between Temasek Holdings Pte and DBS Bank, is shifting its investment focus to India from China, aiming to capture a bigger share of the ...
20 hours ago · Published: Fri 26 Jul 2024, 10:02 AM. The Central Bank of the UAE (CBUAE) on Friday revoked the licence of Galaxy Insurance Broker (Galaxy), an insurance broker operating in the Emirates, for ...
