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China Cuts Benchmark Lending Rates
China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China reduces benchmark loan prime rates by 25 basis points to boost economy
The headquarters of the People's Bank of China in Beijing Photo: IC. China cut its benchmark lending rates by 25 basis points on Monday, as authorities intensified monetary suppor
China cuts interest rates in battle to hit year-end growth target
China unveiled some of its biggest cuts to benchmark lending rates in years as the government stepped up efforts to reboot the economy and hit its year-end target of about 5 per cent GDP growth. The People’s Bank of China said on Monday that the country’s one-year loan prime rate would be reduced to 3.
Oil, China
Oil prices trim Middle East war risk-gains, China demand remains a worry
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer,
Oil prices rebound after last week’s 8% drop as traders weigh China demand concerns
Oil prices climbed on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the world’s top oil importer.
Oil prices steady after 7% weekly drop
Oil prices steadied in early trading on Monday, following a more than 7 per cent drop last week on worries about demand in China, the world's top oil importer, and an easing of concerns about potential supply disruptions in the Middle East.
2d
There's more to China's luxury spending slump than its struggling economy
Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.
19h
China's Economic Moves Fail to Impress Big Stocks as Alibaba, NIO Fall. Here's Why.
China’s central bank cut two key interest rates on Sunday, which was enough to help the Shanghai Composite Index to an ...
4d
on MSN
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest ...
3d
on MSN
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
4d
on MSN
China's economy likely to have slowed in Q3, Beijing's 2024 target at risk
China's economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak ...
4d
China’s Economy Slows in Third Quarter, but Growth Beats Expectations
China’s economic growth slowed in the third quarter, trending below Beijing’s annual growth target but beating market ...
3d
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak ...
20h
China's Ping An Insurance posts 36.1% rise in nine-month profit
Co of China Ltd reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing ...
Channel NewsAsia Singapore
3d
China is trying to revive its economy. Is it too little, too late?
The world's second-largest economy posted its slowest growth since early 2023 in the third quarter, according to data ...
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3h
Foreign trade of China's economic powerhouse hits record high
GUANGZHOU - Guangdong province, a powerhouse of China's economy, has reported a new record in its foreign trade for the first ...
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