China’s central bank has instructed key commercial banks to cut U.S. dollar deposit rates ... Those lower deposit rates are meant to make dollar savings relatively less attractive and prod ...

BEIJING: China's central bank said it was likely it would cut interest rates from the current level of 1.5% "at an appropriate time” in 2025, the Financial Times reported on Friday citing ...

Zhongrong International Trust Co., one of China’s largest shadow banks before it defaulted on billions of dollars of wealth products, is facing liquidation after its two state-appointed ...

Some analysts, including Zhou Shilei, director of the global financial market department at UOB (China), expect an imminent cut to the ... TSF includes off-balance-sheet forms of financing that exist ...

China's central bank said on Friday that it will cut banks' reserve requirement ratio and interest rates at the "appropriate time," according to a quarterly meeting of its monetary policy committee.

by issuing new shares amid a broad market sell-off. The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on ...

Bank of Communications said it will sell shares of as much as 120 billion yuan, and Postal Savings Bank of China will raise up ... more fiscal resources to fend off deflationary pressures and ...

New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as ...