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Category: FINANCE

Posted on 08/10/2018

China shares tumble, central bank’s move to aid economy shrugged off

SHANGHAI (Reuters) - China stocks tumbled on ... On Sunday, the People’s Bank of China (PBOC) announced a 100-basis-point cut to banks’ reserve requirement ratio (RRR), stepping up efforts ... ( read original story ...)

Posted on 08/10/2018

China’s Latest Banking Move Shows How Nervous It Is About Its Economy

China’s mainland markets tumbled on their first trading day following the central bank’s decision to cut ... but the Shenzhen and Shanghai composites fell 3.8% and 3.7%, respectively. ( read original story ...)

Posted on 08/10/2018

China shares lower at close of trade; Shanghai Composite down 3.72%

Declining stocks outnumbered rising ones by 1369 to 75 and 11 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite ... ( read original story ...)

Posted on 08/10/2018

China stocks stumble despite central bank liquidity support

SHANGHAI (Reuters) - Shares in Asia staggered on Monday as China’s markets stumbled despite its central bank moving to pump more liquidity into the broader economy, as worries grow of a sharp ... ( read original story ...)

Posted on 08/10/2018

WRAPUP 2-China shares tumble despite central bank’s move to aid economy

SHANGHAI, Oct 8 (Reuters) - China stocks tumbled when the market ... a week-long holiday on the mainland to celebrate National Day. On Sunday, the People’s Bank of China (PBOC) announced a 100-basis-p... ( read original story ...)

Posted on 08/10/2018

China stocks tumble despite central bank’s move to support economy

SHANGHAI (Reuters) - China’s stocks fell sharply ... The yuan was also down, after the central bank set the reference rate at its weakest level against the dollar since May 11, 2017, and ... ( read original story ...)

Posted on 08/10/2018

China’s central bank frees up nearly $175 billion to jump-start economy

Stocks in Shanghai have sunk about 15% since the beginning of the year, while the yuan has weakened by more than 9% against the U.S. dollar since mid-April. The central bank said the cut will free up ... ( read original story ...)

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