Asian Stocks Corrected Ahead of China’s Interest Rate Decision, Powell’s Testimony
Asian stocks moved in a flat-to-low range on Monday, consolidating gains after their best weekly run in five months, as investors awaited more interest rate...
Tag : People's Bank of China (PBOC)
China Lowers Medium-term Loan Rates, Following Short-term Lending Rate Cut
In line with market expectations, the People’s Bank of China (PBOC) cut the borrowing rate of its one-year medium-term lending facility (MLF) for the first...
Asian Stocks Rise Over Dovish Japan and China Central Banks
Asian stocks rose on Friday, with several reaching four-month highs, as two of the largest central banks of the region maintained dovish signals regarding their...
China’s Central Bank Slashes Short-Term Interest Rates, Injects Bigger Stimulus Package
The People’s Bank of China (PBOC) has cut its short-term interest rates and is now expected to slash its medium-term interest rates for the first...