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New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as policymakers pledge to ramp up stimulus to buttress the world’s second-largest ...
with markets keenly awaiting bank earnings later in the day. China's move comes after U.S. President Donald Trump on Thursday ramped up pressure on the country by lifting tariffs to an effective ...
Stanbic Bank Kenya’s parent company, Standard Bank, plans to join the China interbank payment system (CIPS) by the end of 2025, hoping to tap into the growing inflow of trade and investment from ...
China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce US dollar purchases, people with direct knowledge of the matter said on Wednesday.
Six people have contracted Legionnaires' disease after spending time in Sydney's CBD over the past three weeks. People who have been in the CBD over the past 10 days are advised to remain alert ...
Alex Frangos fields subscriber questions about tariffs, including President Trump’s strategy targeting China. In the years since President Trump’s first trade war with China, Beijing has built ...
[BEIJING] China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US dollar purchases, people with direct knowledge of the matter said on Wednesday ...
The loan is the biggest in Africa in US Exim Bank’s 91-year history as America moves to invest in strategic industries to counter China’s influence on the continent. It entails providing a ...
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump earlier in the day and further inflaming a trade war ...
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...
Investing.com -- China’s central bank is taking steps to limit further weakness in the yuan, instructing major state-owned banks to curb their U.S. dollar purchases and tighten scrutiny on ...
(Reuters) - China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases, people with direct knowledge of the matter said on Wednesday.