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Chinese Stocks Rally on Fresh Central Bank Support
China's stimulus came more into focus on Friday—and stock markets liked it. Mainland China's CSI 300 Index and Hong Kong’s Hang Seng Index both gained 3.6% after People’s Bank of China Governor Pan Gongsheng said the central bank could cut lending rates again as soon as Monday.
China’s central bank launches $112 billion schemes to boost stock market
China’s central bank unveiled two new funding schemes on Friday, aiming to inject as much as 800 billion yuan ($112.38 billion) into its stock market. These initiatives, introduced by the People’s Bank of China (PBOC),
China Central Bank Launches 800 Billion Yuan Funding to Boost Stock Market Stability
Chinas Central Bank Initiates 800 Billion Yuan Funding Schemes On Friday, the Peoples Bank of China (PBOC) launched two significant funding schemes, injecting up to 800 billion yuan ($112.38 billion) into the
2h
on MSN
India's central bank lifts restrictions on JM Financial's non-banking unit
JM Financial said on Friday that the Reserve Bank of India has lifted the ban on one of its units, allowing it to resume ...
8h
ECB’s Rehn to Seek Another Term as Head of Finnish Central Bank
European Central Bank Governing Council member Olli Rehn is seeking a second seven-year term as the governor of Finland’s ...
1d
on MSN
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the ...
14h
Tunisian MPs propose bill stripping central bank of exclusivity on interest rates, ending its independence
Tunisia's central bank will no longer have the exclusive power to adjust interest rates or foreign exchange policy, and must ...
Channel NewsAsia Singapore
2h
China central bank chief flags more interest rate cuts
BEIJING: China's central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be ...
1d
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target ...
11h
on MSN
Indian central bank's persistent intervention helps rupee avert sharp losses, traders say
The Indian central bank's persistent dollar sales on Friday have helped the rupee avert sharp losses amid sustained outflows ...
Marketplace
1d
Why the European Central Bank is expected to cut rates, again
In Europe, where inflation has cooled sharply, the economy is weak and could use a boost. The area is vulnerable to the ...
1d
Weak Economy Prompts European Central Bank to Cut Rates Again
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for ...
22h
on MSN
Chile central bank cuts interest rate to 5.25%
Chile's central bank on Thursday said it was cutting its benchmark interest rate to 5.25% from a previous level of 5.50%, in ...
Channel NewsAsia Singapore
12m
Bank of Japan chief warns of unstable markets, global uncertainties
The Bank of Japan must focus on the economic impact of unstable markets and risks from overseas, Governor Kazuo Ueda said on ...
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