A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration.
Shares of casino operators Wynn Resorts and Las Vegas Sands, which have a substantial presence in Macau, rose 4% and 5.6%, ...
First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s ...
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash ...
China has unleashed a flood of stimulus measures designed to prop up its stalling economy, hot on the heels of the U.S.
Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record. Doubts linger about a sustained stock market ...
With some 75bps of additional Fed easing this year now priced into rate futures and Fed officials sounding dovish, two-year ...
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in ...
"Today's policy measures are bold by historical standards," Betty Wang, the lead economist at Oxford Economics, wrote in a ...
China announced a broad range of stimulus measures on Tuesday to support the faltering economy, stabilise the housing sector ...
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest ...
Chinese stocks and bonds rallied and Asian stocks hit 2-1/2 year highs as Governor Pan Gongsheng announced plans to lower ...