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 ...
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 ...
China Cuts Benchmark Loan Prime Rates by 25 Bps
The PBOC announced cuts to banks' reserve requirement ratio by 50 basis points and the benchmark seven-day reverse repo rate ...
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 ...
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China cuts benchmark lending rates by 25 basis points to boost economic recovery
China's strategic bid to boost economic growth has led to a cut on benchmark lending rates. The People’s Bank of China ...
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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 ...
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 ...