Asian equities were mixed overnight as Mainland China outperformed and the US dollar strengthened.
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 ...
Oil and natural gas prices initiated a rebound after the PBoC’s Loan Prime Rate cuts, but the overall trend remains bearish.
The PBOC announced cuts to banks' reserve requirement ratio by 50 basis points and the benchmark seven-day reverse repo rate ...
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates ...
To this end, China is starting to further ease its monetary policy. The central bank, the People’s Bank of China (PBoC), ...
China Reduces Loan Prime Rate to Support Economic Growth The Peoples Bank of China (PBOC) announced a cut to its loan prime ...
China cut the one-year loan prime rate (LPR) by 25 basis points (bps) to 3.10% from 3.35%, while the five-year LPR was also ...
China's slashing of its key lending rates on Monday marks one of the most forceful interventions from the People's <a target= ...
The PBoC move follows Monday’s Loan Prime Rate cuts aimed at boosting lending and private consumption. Shifting the focus to ...
Five-year loan prime rate lowered from 3.85 per cent to 3.6 per cent, the People’s Bank of China said on Monday.
SHANGHAI: China cut benchmark lending rates as anticipated at the monthly fixing on Monday (Oct 21), following reductions to ...