China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to ...
Beijing: China’s central bank is reiterating its pledge to lower interest rates and the reserve requirement ratio (RRR) for ...
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
AUD/USD remains pressured toward 0.6200 following the release of Australian consumer inflation figures, which showed a ...
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session.
European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...
China’s central bank injected massive liquidity into the market at the end of 2024 without using high-profile stimulus, as ...
To ensure the market has enough liquidity, the PBOC instead last month injected 1.7 trillion yuan ($233 billion) of cash to banks via the outright reverse repo and government bond purchases.
The PBOC had been setting the fixing at stronger-than-expected levels since November, while state-owned banks sold dollars occasionally to cap weakness in the yuan. “So far the fixing pattern is ...