China to cut reserve requirement ratio: central bank governor
The People's Bank of China, the country's central bank, announced on Tuesday that it will soon reduce the bank reserve requirement ratio by 0.5 percentage points, injecting around 1 trillion yuan ($141.81 billion) in long-term liquidity into the financial markets.
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
Read more about China stimulus package, DOJ vs. Visa, upcoming Senate hearing on Ozempic and Wegovy, and union response to ...
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash ...
Local shares continued to be boosted by the Bangko Sentral ng Pilipinas' (BSP) move to cut banks' reserve requirement ratio ...
16hon MSN
China’s central bank announced a blitz of measures to support the country’s weakening economy and energize its moribund stock ...
1don MSN
China has announced some of its boldest economic measures in years as its leaders grapple with a prolonged property sector debt crisis and high youth unemployment.
Qi Wang, CIO, wealth management at UOB Kay Hian, discusses "two concerns" he has about the Chinese market and the recent ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback