China, Lending Rates
China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China cuts key lending rates to support growth
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.
China Cuts Benchmark Lending Rates To Revive Growth
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent
China cuts market-based benchmark lending rates
China on Monday cut its market-based benchmark lending rates, with the one-year loan prime rate (LPR) down to 3.1 percent from the previous reading of 3.35 percent. The over-five-year LPR, on which many lenders base their mortgage rates,
China cuts benchmark loan prime rates by 25 basis points
SHANGHAI: China cut benchmark lending rates as anticipated at the monthly fixing on Monday (Oct 21), following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
China mainland shares rise on rate cut as U.S. markets await big earnings week
China's mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus.
China reduces benchmark loan prime rates by 25 basis points to boost economy
The headquarters of the People's Bank of China in Beijing Photo: IC. China cut its benchmark lending rates by 25 basis points on Monday, as authorities intensified monetary suppor
Asian Shares Mixed After China Rate Cut
Asian stocks turned in a mixed performance on Monday as China's central bank once again cut interest rates and the country's banks
Asian markets mixed after China cuts key rates
Stock markets in the U.S. on Friday gained on the back of a post-earnings surge in streaming giant Netflix, which in turn helped the overall benchmark S&P 500 index (SP500) to its longest weekly win streak of 2024.
Morning Bid: China rate cuts looming, US booming
A look at the day ahead in Asian markets. The trading week in Asia opens against an increasingly bullish global backdrop fueled by continued strength in U.S. stocks, but with local sentiment more circumspect due to the uncertainty surrounding China's deep-rooted economic problems.
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices were rising on Monday morning, regaining some of last week’s 8% decline after China lowered its benchmark lending ...
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PBoC cuts loan prime rates
The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the ...
Metals Rise After Chinese Banks Cut Rates to Aid Property Market
Iron ore and base metals rose after Chinese banks cut their benchmark lending rates, part of a push by Beijing to ensure Asia ...
Chinese Stocks Close Higher After Lending Rates Cut
Chinese shares closed higher after the country's commercial banks cut benchmark lending rates to boost economy. Solar and semiconductor stocks led the gains, with JA Solar Technology up 10% and SMIC ...
China banks slash lending rates to bolster economy
Beijing: China cut its benchmark lending rates after the central bank lowered interest rates at the end of September as part ...