China Market Update: Powell’s Rate Cut Powers Asia & China Higher
Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster ...
China to Cut Rates on $5 Trillion Mortgages as Soon as September
China is poised to cut interest rates on more than $5 trillion of outstanding mortgages as early as this month, according to people familiar with the matter, as it accelerates a move to reduce the ...
US rate cut unlikely to have major impact on China: experts
The US Federal Reserve's decision to cut interest rates for the first time in four years is unlikely to have a major impact ...
World Street | S&P 500 at record high, China, BoE keep interest rates steady, and more
Some of the top global developments include US markets ending higher overnight after Fed's 50 bps rate cut booster, followed ...
Fed’s Rate Pivot Seen Driving Outsized Gain in Asian Assets
The Federal Reserve’s shift to interest-rate cuts bodes well for Asian assets as many are underowned, and have better ...
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...
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China to Cut Rates on $5 Trillion Mortgages as Soon as September
China’s outstanding amount of mortgages, which count as prime assets at Chinese lenders, stood at 37.79 trillion yuan ($5.3 trillion) at the end of June, the lowest level in nearly three years.
Why The Fed’s Lower Rates Will Boost Small Business Earnings
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest ...