China central bank cuts medium-term loan rate

China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The ... ( read original story ...)

Shanghai bourse surge hits 4-yr high

Boosted by news of supportive measures addressing the benchmark interest rate, a share stabilization fund and new monetary policy tools to support bourses, the A-share market rallied strongly on ... ( read original story ...)