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Although ‘heatiness’ is a colloquial term, there is a real medical condition behind it
SHANGHAI: China is set to leave its benchmark lending rate steady for the 17th month at its September fixing next Wednesday, a Reuters survey showed, but market participants expect more targeted liquidity measures as the economy grapples with the fallout of the Delta variant.
SHANGHAI: China is expected to keep its benchmark lending rate unchanged for the 16th straight month at its August fixing today, but some traders and analysts believe a cut may be needed soon amid signs the country’s economic recovery is losing steam, a Reuters survey showed.
ECONOMIC data will take a backseat to corporate earnings. Some of the companies expected to release their quarterly earnings are Gas Malaysia Bhd, Kuala Lumpur Kepong Bhd, S P Setia Bhd, Berjaya Food Bhd, Dialog Group Bhd, Malakoff Corp Bhd and Innature Bhd.
SHANGHAI: China may need more monetary and fiscal easing to halt an economic slowdown in the wake of torrential rains and flooding, and authorities' tough response to outbreaks of the highly-transmissible coronavirus Delta variant, economists say.
SHANGHAI: China kept its benchmark lending rate for corporate and household loans unchanged at its monthly fixing on Tuesday, despite growing expectations for a cut after a surprise lowering of bank reserve requirements.
CONSUMER price index (CPI) is the focus in this four-day week. The Statistics Department is due to announce inflation data for June 2021 and leading index (LI) for May 2021 on Friday.
BEIJING: The Chinese government on Wednesday pledged to use timely cuts in the amount of cash that banks must hold as reserves to support the slowing economy, raising expectations about an imminent move to ease policy.
Infation, central banks' meeting, flash Purchasing Managers’ Index in focus this week