Chinese stocks rose sharply in trading today as the Central Bank of the Republic of China unveiled a wide-ranging package of ...
Alibaba is well-positioned to benefit from PBOC's recent monetary measures due to its strong share buyback program and ...
U.S.-listed shares of Chinese firms jumped on Tuesday, along with China-focused exchange-traded funds, casino companies and ...
The People's Bank of China cut its interest rate from 1.7% to 1.5%, eased mortgage rules and loosened bank rules to free more ...
Treasury yield falls to its lowest level in two years as bond traders price in an aggressive slate of expect Federal Reserve rate cuts.
It is increasingly necessary for China to reduce interest rates on existing mortgages as soon as possible to revive consumer ...
Tuesday's risk sentiment improved for asset markets after the People’s Bank of China (PBOC) announced a broad package of stimulus measures. The PBOC cut the seven-day reverse repurchase rate by -20 bp ...
By reducing the RRR, the People's Bank of China (PBoC) has freed up additional liquidity in the banking sector, encouraging banks to lend more and stimulate both investment and consumption. At the ...
U.S. bond yields rose early Tuesday after the People’s Bank of China revealed an extensive stimulus package designed to revive the world’s second biggest economy.
EUR/NZD dropped sharply on Tuesday as kiwi dollar received support from a significant package of monetary stimulus announced ...
The Canadian dollar today hit a more-than-six-month high versus its U.S. counterpart: $0.7445, according to data from ...
In addition, People's Bank of China Governor Pan Gongsheng announced plans to cut the reserve requirement ratio (RRR) by 0.5%, injecting 1 trillion yuan of long-term liquidity into the market. The ...