SHANGHAI: China’s central bank left the medium-term policy rate unchanged yesterday, defying market expectations as signs of a weaker currency continued to limit the scope of monetary easing. A slew ... ( read original story ...)
China stocks slip after central bank keeps medium-term rate unchanged
The People’s Bank of China (PBOC) instead boosted liquidity injections in the operation. It kept the rate of medium-term lending facility (MLF) loans unchanged at 2.50%, but injected a net 216 billion ... ( read original story ...)
China central bank skips rate cut in policy surprise
Analysts cite, among other considerations, the renminbi exchange rate and Fed uncertainty for the hold on rates. Read more at straitstimes.com. ( read original story ...)
‘I didn’t feel like I was supporting a regime’: architect David Chipperfield on working for China
His stunning $1bn restoration project in Shanghai is a hit with the city’s influencers. But not everyone is impressed. The revered architect talks about the highs, lows and many risks of building for ... ( read original story ...)
Honor unveils Porsche Design Honor Magic V2 RSR smartphone
Touted as the thinnest inward foldable phone Honor said the device sets the stage for a future of innovation and design. ( read original story ...)
Former chairman of state-owned bank China Everbright Group arrested over suspected corruption
Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery. ( read original story ...)
Letter to Birdland | Shanghai wanderings
It’s midnight in Shanghai, and I can’t get back to sleep. Michael and I have come for a weekend holiday, and we’re in the Pacific Hotel near the Bund — a historic waterfront district on the outer bank ... ( read original story ...)