People’s Bank of China

Ringgit slips further against US dollar at close

KUALA LUMPUR • The ringgit slipped further against the US dollar at the close today in line with most Asian currencies,…

2 years ago

China to Offer Special Loans to Troubled Property Developers

CHINA will offer special loans through policy banks to ensure projects are delivered to buyers, adding to signs of official…

2 years ago

Another volatile session projected for ringgit next week

KUALA LUMPUR – The ringgit is likely to see another wild session next week as the robust US dollar may…

2 years ago

Moody’s Analytics: BNM to lift policy rate in July

by ANIS HAZIM / pic by MUHD AMIN NAHARUL BANK Negara Malaysia (BNM) will lift its policy rate by 25 basis points…

3 years ago

China’s economic growth slows, prompting interest rate cut

by BLOOMBERG / pic by AFP  CHINA’S economic growth slowed last quarter as consumer spending took a dive, giving the central…

3 years ago

Chinese Banks Cut Borrowing Cost For First Time In 20 Months

By BLOOMBERG Chinese banks lowered borrowing costs for the first time in 20 months, providing support to an economy showing…

3 years ago

China Breaks Silence on Evergrande, Says Risks Controllable

By BLOOMBERG China’s central bank broke its silence on the debt crisis at China Evergrande Group, saying risks to the…

3 years ago

China enlists Ant-backed MYbank in expanding digital yuan trial

by BLOOMBERG Ant-backed MYbank will join China’s digital yuan trial as the central bank charges ahead with rolling out an…

4 years ago

China plans online payment rules that may hit Ant, Tencent

by BLOOMBERG China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial…

4 years ago

PBoC: China to maintain ‘normal’ monetary policy

BEIJING • China will maintain “normal” monetary policy for as long as possible, according to the People’s Bank of China…

4 years ago

Yi: PBoC policy more flexible, appropriate and targeted

BEIJING • Chinese monetary policy will be more flexible, appropriate and targeted, People’s Bank of China (PBoC) governor Yi Gang…

4 years ago

China slashes rate, pumps $7b into market to counter virus

By AFP China's central bank on Monday cut an interest rate on loans to banks by the largest margin in…

5 years ago

Virus fears weigh on Asian markets

by AFP/ pic by TMR FILE HONG KONG - Coronavirus fears weighed on Asian markets Thursday despite China reporting a…

5 years ago