China’s central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy ...
The PBOC’s Governor Pan was speaking at a financial forum on Monday where he reiterated the Central Bank’s commitment to supporting the economy. The PBOC will “adhere to an accommodative monetary ...
The yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lackluster China ...
Overnight, LME zinc opened at $3,099/mt, quickly peaked at $3,110/mt at the opening, then the bulls reduced positions, causing the LME zinc center to shift downward, hitting a low of $3,062/mt during ...
Most Asian currencies weakened against the dollar in early trade in a likely spillover effect from the Chinese yuan’s depreciation.
On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1996, as compared to the previous day's fix of 7.1865.
As Tuesday dawns across Asia, investors are stepping in lively, buoyed by a global stock surge and an uptick in risk appetite from the US session. Yet, there's a palpable tension in the air as ...
The PBOC will employ a variety of monetary policy tools to strengthen countercyclical adjustments and maintain adequate ...
China's bond market experienced a significant rally on Monday as the 10-year government bond yield fell below the critical 2% ...
China's digital yuan faces adoption hurdles due to competition from mobile payment platforms like Alipay and WeChat Pay.
Pan Gongsheng, governor of the People's Bank of China, said on Monday that the central bank will continue to adhere to a ...