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On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT China’s renminbi climbed to a 15-month high against a weakening US dollar…
Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on virtual currencies and flagged concerns about…
The central bank’s reluctance to ease its policy further remains the core issue weighing on the debt market China’s stock and bond markets are decoupling, breaking the inverse correlation…
The consensus comes after the central bank this month maintained its seven-day reverse repo rate, which now serves as a major policy rate China is expected to leave benchmark lending rates…
People’s Bank of China (PBOC) governor Pan Gongsheng stiffened warnings on the risks around stablecoins, as the digital tokens usually pegged to fiat currencies stir more angst among…
The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with deflation becoming widespread People’s Bank of China…
Expectations of central bank support have been building as a surge in Chinese stocks has weighed on the debt market The Chinese bond sell-off that drove benchmark yields to the highest…
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and Hungary, the People’s Bank of China (PBOC) said on…
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even though the economy just recorded its worst month so…
China’s central bank pledged to strengthen financial support to key areas including tech and consumption, as it moves further away from its previous playbook of funnelling loans to…
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At the third Singapore-China Green Finance Taskforce…
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At the third Singapore-China Green Finance Taskforce…
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency flexibility to counter US tariffs’ drag on growth,…
China will appoint financial veteran Liu Guiping as chairman of Bank of China, the nation’s fourth largest state-owned bank, two sources with knowledge of the matter said. Liu,…
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds CHINA’S central bank increased injection of…
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the last session. The People’s Bank of China (PBOC) set its daily reference rate…
