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China Retains Loan Prime Rates
People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates for the third straight session on Monday as policymakers await the stance of
China Keeps Loan Prime Rates Unchanged
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.
China keeps benchmark lending rates unchanged for 3rd straight month
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth.
Deutsche Bank, GM
GM Stock Pops on Deutsche Bank Upgrade Ahead of Q4 Earnings
Key Takeaways General Motors shares rose Tuesday after Deutsche Bank analysts upgraded the automaker's stock ahead of its fourth-quarter earnings report.Deutsche Bank cited GM's recent "strategic moves" like ending the Cruise robotaxi program and restructuring its struggling China business as positives.
General Motors upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic
GM’s stock jumps as Deutsche Bank turns bullish
Shares of General Motors Co. GM rallied 1.3% in premarket trading Tuesday, after Deutsche Bank upgraded them to buy from hold, citing recent moves in China and aggressive buyback activity. “With GM stock having outperformed Ford significantly last year,
1d
on MSN
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
3d
China's Gold Market Update: Seasonal Strength In December
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
8d
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure ...
Reuters
11d
China's central bank halts bond buying as yuan struggles
SHANGHAI, Jan 10 (Reuters) -
China
's central
bank
suspended treasury bond purchases on Friday, briefly lifting yields and ...
11d
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
12d
on MSN
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
1d
China's central bank conducts reverse repos Monday
The headquarters of the People's Bank of China in Beijing Photo: IC. China's central bank conducted 123 billion yuan (about ...
13d
on MSN
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
6d
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part ...
2d
China’s central bank, securities regulator, pledge further support for stock buyback and repurchase program
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's ...
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