The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the ...
China’s central bank today (October 18) launched a special lending facility for banks to facilitate share buybacks.
The main forum includes opening and closing ceremonies, as well as six thematic activities focusing on such topics as improving the modern central banking system, deepening capital market reforms, ...
The People's Bank of China, the country's central bank, will encourage commercial banks to lower existing mortgage interest rates, bringing them to a level close to newly issued mortgages, said PBOC ...
A swap facility and a relending tool for stock buy-backs will boost liquidity in Chinese stock markets which are also likely ...
Asian equities were mixed as Taiwan outperformed while Mainland China and Hong Kong underperformed. The US dollar ...
A briefing by China’s Ministry of Finance might have been short on detail, but it did enough in outlining China’s plans to ...
China is preparing to launch more incremental and counter-cyclical fiscal policies to support economic growth, according to ...
China’s real estate industry, which accounts for about a fifth of the country’s economic activity, according to IMF, has faced numerous headwinds ...
On Oct. 19, 1987, following three days of decline in the New York stock market, the Hong Kong market dropped 10.5 percent after a rise of 89 percent in the last 12 months. Oct. 19 was Black Monday for ...
Genco trades at 39% discount to NAV and has 8% gross LTV, making share buybacks a compelling strategy to unlock growth ...
Under the swap facility, eligible securities firms, fund companies and insurers can use their assets including bonds, stock ...