The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
The People's Bank of China on Wednesday cut its medium-term lending facility -- the interest for one-year loans to financial institutions -- from 2.3 percent to 2.0 percent ...
Oil prices fell on Wednesday as investors reassessed the ability of China's stimulus plans to boost the economy enough to ...
By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) -Stocks globally slipped on Wednesday, with a continued ...
The JSE – Africa’s largest stock exchange – surged to a new high on Wednesday morning, powering through the 86 000 points ...
That said, if there is a recession, bonds will still protect you. There are more cuts to be had if there’s a recession. So if you’re balancing a portfolio, it still makes sense to hold a fixed-income ...
European shares opened lower on Wednesday as the rally from China's stimulus package faded. The STOXX 600 index dropped 0.3%, ...
The baht gained to its strongest level in 30 months as China’s stimulus boosted risk assets globally, adding pressure on the ...
Analysts expect the rally could continue for the next few sessions as investors look forward to further fiscal stimulus, and are more bullish on Hong Kong stocks given they are more rate-sensitive ...
First phase kicks off with transfers to first group of vulnerable people, as the premier promises second and third phases to ...
The People’s Bank of China (PBoC) implemented the strongest stimulus measures since the Covid-19 pandemic. Despite concerns ...
CHINA’S securities regulator rolled out new guidelines to promote mergers and restructuring among listed companies as part of ...