With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements.
The headquarters of the People's Bank of China in Beijing Photo: IC. The People's Bank of China (PBC) conducted 14-day ...
The US Senate’s confirmation hearing for Mr Bessent last week as Treasury Secretary was remarkable, as much of the discussion ...
The People's Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) ...
BEIJING - China's bank wealth management market expanded and saw more investors in 2024, industry data showed on Friday. By the end of last year, the number of investors holding wealth management ...
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part ...
The role of traders such as Chen in facilitating Chinese crypto transactions is largely invisible to the outside world. But a ...
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has ...
BEIJING, Jan 20 (Reuters) - Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will ... and foreign exchange trade system. Zou was promoted to director of ...