You have searched for "PBOC"
Showing 1-10 of 746
SHANGHAI: China lowered its lending benchmark rate, as widely expected, to reduce company funding costs and shore up an economy hurt by slowing demand and US trade tariffs.
HONG KONG: Fitch Ratings has affirmed China's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A+' with a Stable Outlook.
SINGAPORE: China wants to balance functionality with concerns about anonymity as it works toward launching a digital version of the yuan, according to an official from the People’s Bank of China.
HONG KONG: Shares in Shanghai ended firmer on Tuesday, after having dithered either side of flat, ahead of a key speech by U.S. President Donald Trump at the Economic Club of New York that may offer clues on the likelihood of a trade deal with China.
China cracks down on speculative trading in limited edition shoes, but ‘sneakerheads’ continue to fuel phenomenon
People’s Bank of China has said that speculative buying of limited edition trainers had become a problem and warned speculators against using more than a dozen online platforms. Growing popularity of sneaker trading has seen Sneaker Con launch its first event in Shanghai and US-based marketplace GOAT launch a China-specific app.
SHANGHAI: China’s central bank cut the interest rate on its medium-term lending facility (MLF) for the first time since early 2016, as policymakers work to prop up a slowing economy hit by weaker demand at home and abroad.
Former central bank chief Zhou warns that AI will likely increase income inequality and China should prepare
Zhou’s comments come amid growing rivalry between China and the United States over global AI supremacy. Former PBOC governor says policies should be put in place to guide AI development – specifically what the technology can and cannot do – along with tax policies.
KUALA LUMPUR: The ringgit opened marginally lower against the greenback amid growing optimism that the US and China are closer to a truce in their trade dispute.
Energy-intensive sector is expected to absorb the province’s excess electricity output.
CHINA’S economic growth has clearly slowed amidst escalating US-China trade tensions. The weakness in industry and business investment appears to be spilling over to consumption, as seen in the recent deceleration in retail sales.CHINA’S economic growth has clearly slowed amidst escalating US-China trade tensions. The weakness in industry and business investment appears to be spilling over to consumption, as seen in the recent deceleration in retail sales.