Searched for
BANK OF CHINA
Lula vs Bolsonaro: As Brazil lies on the brink of tilting right, India watches its major BRICS partnerFlávio Bolsonaro secured leading votes against incumbent Luiz Inácio Lula da Silva in Brazil's elections on October 4. The runoff on Octobe...- Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
- Global Market: Bank of China (Hong Kong) plans $3.3 billion onshore yuan debt issuanceBank of China (Hong Kong) plans to issue up to 22.2 billion yuan in onshore negotiable certificates of deposit in 2026, strengthening fundi...
- Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next yearBank of England Chief Economist Huw Pill has questioned market expectations for four quarter-point rate hikes over the next 12 months as po...
- Global Market: China’s yuan firms as investors await US CPI data, assess inflationChina’s yuan edged higher against the dollar as investors assessed mixed inflation data and awaited US consumer price figures. Rising produ...
- Gold prices flat as markets await US CPI dataIn early Asian trading, gold prices held steady as investors awaited crucial US consumer price data, which could affect future Federal Rese...
- What if AI boom busts? 22% of assets would be with 110 weak lenders: IMFThe IMF's latest stress test examined how banks would cope with an AI crash, soaring government bond yields and an economic slowdown. Under...
- 'If you can't beat them, join them': Uday Kotak backs Chinese investment in IndiaEncouraging a paradigm shift, Uday Kotak of Kotak Mahindra Bank calls for increased Chinese investments in India. He posits that collaborat...
- Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
- Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
- Gold prices are sliding but China goes on a relentless buying spreeChina's People’s Bank has significantly increased gold reserves in September, marking its highest growth rate in three years. As demand for...
- Chinese car makers increasingly rely on overseas markets as September exports surgeChina’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to off...
- Banks may explore easier forex hedging amid RBI curbsThe Reserve Bank of India has implemented fresh regulations that drastically reduce the maximum limit for dollar forward transactions by co...
- Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
- Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
- India’s rupee defence raises question of how far RBI will goThe Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dolla...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- Chinese developer makes ARTEX AI agent closed-source after Korean bank hackThe Chinese developer of ARTEX said they have converted the AI agent to a closed-source project after cybersecurity firms identified it as ...
- China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
- Global Market: China gold reserves rise for 23rd straight month, forex reserves fallChina’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves a...
Load More- Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next year
