The move is likely aimed at cushioning against an emerging cash crunch as trade tensions simmer.

China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. The People’s Bank ...

China has a new central bank governor. Pan Gongsheng, who has managed the world’s largest foreign exchange reserves for seven years and was credited with arresting a slide in the value of the ...

I write about how fintech is disrupting the financial industry in Asia. The Bank of China's investment bank subsidiary, BOCI Hong Kong, announced the issuance of 200 million Chinese yuan ($28 ...

BEIJING — China on Sunday reappointed Yi Gang as head of the central bank in an effort to reassure entrepreneurs and financial markets by showing continuity at the top while other economic ...

China c.bank plans second cash injection via outright reverse repos in June China's central bank will inject cash via outright reverse repos for the second time this month, it said on Friday ...

The People's Bank of China said the one-year loan prime rate (LPR), a benchmark determined by banks, had been lowered by 10 basis points to 3.0%, while the five-year LPR was reduced by the same ...

Argentina launched an agreement with seven private banks on a repurchase agreement of $2 billion, money aimed at bolstering ...

The People’s Bank of China reduced the reserve requirement ratio for almost all banks by 0.25 percentage points, effective from March 27, it said in a statement on Friday. The PBOC last cut ...