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PBOC
Posted 21/10/2024

PBOC Cuts Benchmark Lending Rates to 3.1% in Bid to Boost Economy

On Monday, the People's Bank of China (PBOC) announced the reduction of its main...

Posted 18/10/2024

Chinese Stocks Settle Higher after Big Stimulus to Boost Capital Market

Chinese equities continued their upward trajectory in the afternoon session following President Xi Jinping's...

PBOC
Posted 18/10/2024

China Initiates $112.38 Billion Injection into Stock Market Through Funding Schemes

The People's Bank of China (PBOC), on Friday, has launched two funding schemes aimed...

Posted 18/10/2024

Chinese Economy Meets Growth Expectations in Q3 but Lags Behind Annual Target

Chinese GDP data for the third quarter revealed that the economy expanded in line...

Posted 17/10/2024

China to Double Loan Quota for “White-List” Property Projects

In a move to boost the completion of unfinished homes and stabilize the declining...

Posted 17/10/2024

ASML Reveals Pessimistic Outlook on 2025 Sales amid US Chip Export Restrictions

ASML has revealed how U.S. restrictions on exports of its advanced chip manufacturing tools...

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