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PBOC RRR CUT
National Aluminum, SAIL shares surge up to 4% on PBoC’s 50 bps RRR cutShares of metal companies like National Aluminium and SAIL surged following China's 50 basis point cut in reserve requirements, aimed at bo...
China's central bank leaves key policy rate unchanged as expectedChina's central bank kept the medium-term lending facility (MLF) rate unchanged at 2.50%, aligning with market expectations. The decision r...
China signals more targeted stimulus after abrupt cut to bank reserve ratioTo further boost the economy, China's central bank, the PBOC, has launched plans to guide money into sectors of national importance. The PB...
Dollar headed for weekly loss as investors brace for slower Fed hikes"We have the euro zone inflation numbers next week, so I think they are going to be a big test of market pricing ... were we to get another...
China's GDP growth seen slowing to 5.0% in 2022 on COVID hitCHINA-ECONOMY/GDP (POLL)POLL-China's GDP growth seen slowing to 5.0% in 2022 on COVID hit
China stocks close up as cabinet promises timely cut in reserve requirement ratioThe blue-chip CSI300 index rose 1.3%, to 4,191.57, while the Shanghai Composite Index gained 1.2% to 3,225.64 points.
China’s Central Bank gets tested over economic slowdownOn top of that, the United States and Europe’s imminent scaling back of pandemic stimulus is squeezing China’s room to loosen policy. Since...
China blue chips fall on central bank's monetary policy stanceChina's central bank officials said liquidity supply and demand will remain balanced in the coming months, and China will maintain prudent ...
China's yuan inches higher, GDP data caps gainsChina's economy grew less robustly than expected in the second quarter, as slowing manufacturing activity, higher raw material costs and ne...
China cuts reserve requirement ratio for all banks. What analysts sayChina has cut the reserve requirement ratio (RRR) for all banks by 50 bps, releasing around 1 trillion yuan ($154 billion) in long-term liq...
Explainer: Is China set to cut RRR soon? What are the implications?All eyes are now on the People's Bank of China (PBOC), which has been gradually scaling back pandemic-driven stimulus to curb debt risks, w...
Explainer-Is China set to cut RRR soon? What are the implications?Such reductions in the reserve requirement ratio (RRR) will help underpin the economy, especially small firms, the cabinet said, taking inv...
China govt bond yields slump after cabinet floats RRR cutsWhile the cabinet said China would keep monetary policy stable, investors took talk of cuts in RRR - the mandatory reserves that banks have...
Virus woes and tech crackdown hammer Asian stocks; bonds rallyA surprise dovish turn from Chinese policymakers also sparked a rally in sovereign Chinese debt and sent 10-year yields to a 10-month low.
China frees up $56 bln for virus-hit economy by slashing small banks' reserve requirementsThe latest stimulus move comes as the world's second-largest economy looks likely to shrink for the first time in 30 years and hopes for a ...
China pumps $109 billion into economy as trade war against US bites on growthChina has cut deposit rates to enable banks to release 1.2 trillion-yuan cash for additional lending
$457 billion reason for China to slash reserve ratio againState-run media also backed up the argument for an imminent cut.
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’.
China: April factory output, retail sales below forecastsThe central bank should take a mix of tools, such as reverse repos and targeted RRR cuts to lower financing cost for companies.
- China cuts RRR of banks second time in three months
China's central bank today cut the reserve requirement ratio (RRR) of banks for the second time in three months.