Latest News on Peoples Bank Of China
Showing of 0 - 10 from 25 results
Peoples Bank Of China - Total results - 25
Nov 23, 2018
Asian stocks follow Europe down as fears grow over global economy, US-China trade tensionsSpeculation is growing that the People's Bank of China will again cut the level of cash that banks must hold in reserve, in a fresh bid to lower financing costs and blunt the economic impact of the trade dispute with the US
Jun 25, 2018
As trade war looms, China cuts some banks' reserve requirements to boost lendingThe reserve reduction, the third by the central bank this year, had been widely anticipated by investors amid concerns over market liquidity and a potential economic drag from a trade dispute with the United States.
Mar 19, 2018
China unveils new cabinet to run revamped govt under President Xi Jinping; Wei Fenghe appointed as defence ministerChina appointed a whole new set of top officials, including a defence minister, to head a revamped government, days after Xi Jinping began his second five-year tenure
Jan 06, 2018
Pakistan nearly trades its economic sovereignty in currency swap arrangement with ChinaThe currency was the last bastion of the Pakistani state that remained inviolate.
Jan 02, 2018
Day after Donald Trump tirade, Pakistan cozies up to Beijing and allows use of Chinese Yuan for foreign currency transactionsWith ties with the US running into an all-time low, Pakistan is fast cosying up to China as its charity from the US threatening to dry up after the intimidating Trump tweet.
Nov 22, 2017
China clamps down on lightly regulated online micro-lending market; shares of US-listed firms slipOn Tuesday, shares of China Commercial Credit Inc ended down 8.8 percent and PPDAI Group slumped 14 percent.
Aug 06, 2017
China to focus on online finance companies to further strengthen regulations over internet firmsInternet finance covers P2P lending, third-party online payments, crowd funding and other financial services, which has led to growing risks.
Mar 16, 2017
US Federal rate hike move could spell end to monetary policy easing in AsiaThe Fed's widely anticipated rise of 25 basis points on Wednesday was also only its third since the global financial crisis
Oct 19, 2015
At 6.9%, China's July-Sept GDP sees weakest growth since 2009The government has quickened spending on infrastructure and eased curbs on the ailing property sector, which have succeeded in reviving weak home sales and prices but have not yet reversed a sharp decline in new construction
Aug 27, 2015
China may halt Yuan weakening drive to curb capital outflows, calm global nervousnessGovernment economists and policy advisers say the People's Bank of China will now try to stop the yuan weakening much past 6.5 per dollar