With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing.
China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to ...
Livi Bank, a virtual bank backed by the Bank of China (Hong Kong), will continue to expand lending to SMEs as it views the segment as a future growth engine after strong growth this year ...
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy. By Keith Bradsher Reporting from Beijing China ...
Treasury Secretary Yellen touts U.S. economic growth, criticizes isolationism in speech to global finance leaders at IMF ...
BEIJING (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth ...
SHANGHAI, Sept 25 (Reuters) - China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to ...
China’s central bank has lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues efforts to help boost the economy. The People’s Bank of China cut ...
In September, China’s central bank announced its most aggressive measures since the pandemic to get its economy back on track after it became clear the country might miss its 5 percent gross ...
As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for many economists. Policymakers at the People’s Bank of China (PBoC ...
Wall Street continues its upward trend, with major indexes adding to record highs amid mixed global market reactions.