China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
Energy shock from Iran war delays rate cuts, sets up divergent paths for Fed, ECB and BoJThe Iran war's impact on energy prices is forcing central banks to reassess policy. Robeco anticipates the Fed will cut rates twice this ye...
China says to launch digital currency action planThe "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivise broader adoption of the ...
China's central bank cuts two key benchmark interest ratesThe one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent, the People's ...
Smartkarma Research: China on the brink… commodities set to be crushed!Emerging Markets run on a heady mixture of fast-moving liquidity and volatile investor sentiment, which historically has taken succor from ...
China's central bank tries to stop surge in currency's valueOn Monday, commercial lenders were ordered to hold more of their foreign currency as reserves in the central bank to limit sales after the ...
China central bank slowly buying into Indian companiesGrowth of Chinese investments in India since 2014 has been largely a transactional trade relationship.
AIIB, PBoC among 16 China-based entities registered as FPI in IndiaSources said the FPI registration is a one-time process and permanent in nature in India.
Faced with trade war risk, yuan to manage only modest rise: Reuters pollThirteen of them kept their projections unchanged and the remaining 9 revised them to reflect a stronger currency.
Rise in China's forex reserves is bad news for global realtyThe PBoC found itself with $6.9 billion more than the month before, a 0.25% increase.
Don’t expect next Fed rate hike until 2018: Michael Sneyd, BNP ParibasSneyd said Fed may consider a rate hike only if the US economy does exceptionally well, but such a move could upset equations, choking fund...
In a first, Chinese central bank invests in Indian govt bondsPeople’s Bank of China (PBoC), the world’s second-largest holder of financial assets after the US Federal Reserve, has emerged as acreditor...
China late in implementing rate cuts; 2 more cuts likely in 2016: CLSAThe PBoC explained during the press conference that the interest rate cut was primarily driven by a ‘change in price levels’.
Even luxury goods makers like Apple, BMW , Daimler not immune to yuan swingsThe decision of the People's Bank of China (PBoC) to devalue the yuan has turned out to be a dampener for global luxury goods players.
Burning currency- A novel way to generate power in ChinaA company in Luoyang City, recently caught nationwide attention for burning used bank notes to generate electricity for the city.
ET Wealth: Chinese economy to pick up later this yearRecent policy responses will lend support to economic growth in the second half of the year, says an ICBC research report.
- China's central bank relaxes loan restrictions
China's central bank will lift limits on commercial bank loans to support stable and fast economic growth amid the global financial crisis,...