Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said.

Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.

An aerial view of the Lin-gang Special Area of China Shanghai Pilot Free Trade Zone. [Photo provided to chinadaily.com.cn] China has further opened up the financial sector by pledging equal treatment for domestic and foreign financial institutions in terms of launching new financial services in eligible free trade zones,

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.

The move breaks with five months of buying and coincides with a brutal selloff in global bond markets, suggesting the People's Bank of China is also trying to ensure yields at home rise in tandem, or at least stop falling, analysts say. Yields, which move ...

China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,

The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy.

The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.

Major revisions made to the tool, according to the PBOC statement, include lowering the self-funding ratio requirement to 10 percent, extending the maximum loan term to three years and encouraging banks to issue credit loans using the facility.

The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a weakening local currency. Read more here.

Global markets await BoJ decision and Trump’s policies. USD/JPY and AUD/USD trends hinge on central bank moves and macroeconomic shifts.