Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster ...
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus ...
Chinese policymakers are planning to cut interest rates on existing mortgages by around 80 basis points as soon as this month ...
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 ...
Some of the top global developments include US markets ending higher overnight after Fed's 50 bps rate cut booster, followed ...
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...
The Federal Reserve’s shift to interest-rate cuts bodes well for Asian assets as many are underowned, and have better ...
Brent crude futures for November were up 81 cents to $74.46 a barrel at 0750 GMT, while WTI crude futures for October rose 75 ...
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.
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
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