Latest News on Peoples Bank Of China
Showing of 0 - 10 from 28 results
Peoples Bank Of China - Total results - 28
Sep 30, 2019
China September factory activity shrinks for fifth straight month; analysts expect growth could slow further this quarterChina's manufacturing sector has done poorly in recent months due to weak domestic demand and higher trade tariffs
Jul 02, 2019
China to scrap ownership limits for foreign investors in financial sector in 2020; will also open manufacturing sectorChina also will further open its manufacturing sector, including the auto industry, while reducing its negative investment list that restricts foreign investment in some areas
Jun 05, 2019
BSE, NSE closed for Id-ul-Fitr; Asian stocks bounce on Wall Street's Fed cheer; dollar stays weakThe benchmark BSE Sensex closed down 0.46 percent at 40,083.54 on Tuesday. The broader NSE Nifty ended 0.55 percent lower at 12,021.65.
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.