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 ...
Iron ore on the rise as China adds to stimulus with cuts in lending rates
Iron ore futures in Asia rose Monday as the latest rate cut in top metals consumer China helped boost sentiment, but gains ...
China cuts benchmark lending rates by 25 basis points
China on Monday lowered its main benchmark lending rates by 25 basis points at the monthly fixing. The one-year loan prime ...
Channel NewsAsia Singapore19h
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 ...
China cuts key lending rates to support growth
SHANGHAI: China cut benchmark lending rates as anticipated at the monthly fixing on Monday (Oct 21), following reductions to ...
Central Banking21h
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 ...
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 ...
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 ...
Oil futures recoup some of last week's losses
Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimul ...
SHINE22h
China's LPRs drop amid efforts to drive economic growth
To ease the financial burden on homeowners, China's central bank has asked commercial banks to lower interest rates for ...
Oil prices rebound after last week's 8% drop as traders weigh China demand concerns
Oil prices climbed on Monday, regaining some of last week's 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the ...
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 ...