People's Bank of China (PBOC)

China cuts key rates to aid economy as trade war simmers
China

China cuts key rates to aid economy as trade war simmers

The widely expected rate cuts are aimed at stimulating consumption and loan growth as the world's No. 2 economy softens, while still protecting commercial lenders' shrinking profit margins

Yuan banknotes are seen in this illustrative photograph taken in Beijing July 26, 2010. Photo :Reuters
China

China cuts key lending rates to support growth

Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. Photo: REUTERS/Jason Lee/File Photo
Global Economy

Morning Bid: China rate cuts looming, US booming

Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. Photo: REUTERS/Jason Lee/File Photo
China

China kicks off 500 bln yuan swap facility to aid stock market

Farhan Talib, Head of International Banking - HBL (designate), and Yu Xiaoming, DGM Financial Institutions - BOC signed the agreement in the presence of Liu Jin, Vice Chairman & President - BOC (standing 3rd from right), Sultan Ali Allana, Chairman - HBL, (standing 3rd from left) and Muhammad Aurangzeb, President & CEO - HBL (standing 2nd from left). Photo: Courtesy
Corporates

HBL and the Bank of China sign an MoU on Strategic Cooperation to enhance regional trade

Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee
Global Economy

China faces challenges from 'mismanagement' at certain firms, says PBOC head

Photo: BSS
China

China will steadily promote yuan internationalisation in 2021, Chinese central bank says

FILE PHOTO: People walks in front of a screen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo
Tech

Chinese regulators to push tech giants to share consumer credit data