Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the yield curve, spurring bets the central bank may resume government debt ...
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
The Year of the Snake in 2025 brings the promise of wisdom, adaptability, and transformation. However, hopes of renewed ...
Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure ...
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid ...
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets ...
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...