Tag: People’s Bank of China
Sensex trades at all-time high; Nifty reaches unprecedented level at 25,911
Sensex, Nifty soar to new peaks; auto, banking stocks lead rally
Indian frontline indices soared to an all-time high on Monday, driven by strong performances...
China makes biggest-ever cut to mortgage rate to boost housing market
China rate cut shows lack of options for boosting economy
China’s central bank has cut its key mortgage reference rate by a record amount, as...
China slides into deflation; consumer, producer prices contract
China marks its first decline since February 2021
China’s consumer and producer prices both declined for the first time in the last couple of years...
China imposes hefty fines on Alibaba, Tencent
China wraps up fintech crackdown with big fines on Tencent, Alibaba
As part of the regulatory crackdown that began a couple of years ago, China...