China's central bank to better support real economy

BEIJING, Sept. 28 (Xinhua) -- China's central bank has pledged to step up support for the real economy amid efforts to further lower lending rates and financing costs via reform.

1st LD-Writethru: PBOC welcomes Chinese bonds inclusion in FTSE Russell

BEIJING, Sept. 25 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, said on Friday that it welcomes FTSE Russell's announcement to include Chinese bonds in its World Government Bond Index (WGBI).

Asian currencies decouple from yuan in recovery

SINGAPORE: Counting on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link is losing traction as recovery paths from the coronavirus pandemic diverge.

Investors eye new haven in Chinese bonds

SHANGHAI: China’s recovery from the Covid-19 pandemic and a flurry of market reforms are creating an ideal backdrop for the possible inclusion of its government bonds in a major global index this week.

China needs first mover advantage in digital currency race

SHANGHAI: China needs to become the first nation to issue a digital currency in its push to internationalise the yuan and reduce its dependence on the global dollar payment system, a commentary published by the country's central bank said.

The week ahead - Inflation figures, rate decisions, Singapore IPI

INFLATION is in focus during this relative light week for economic data. The Statistics Department is expected to announce the August consumer price index (CPI) on Wednesday.

China to expand stock connect in further market opening

BEIJING: China will accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors, according to China securities regulatory commission vice chairman Fang Xinghai.

PBoC tells lenders to get ready for life after Libor

Many factors favour the rise of China’s currency

CHINA has a key window of opportunity to advance its pursuit of yuan internationalisation as global investors are seeking stability amid volatility in markets caused by the Covid-19 pandemic.

China’s tools help cash-strained small businesses

BEIJING: While the Covid-19 epidemic is taking a toll on the real economy, China’s financial authority has managed to bail small businesses out and help them fare better with targeted policy instruments.