SHANGHAI (Reuters) - China's central bank said on Monday it would cut the policy interest rate on seven-day reverse purchase agreements, known as reverse repos, to 1.7% from 1.8%. The People's Bank of ... ( read original story ...)
China’s central bank cuts interest rates, moving to put more pep into the economy
Investors appear to be hungry for more aggressive action: On Monday, the Shanghai Composite index was down 1% even after the People's Bank of China announced several moves to relieve pressure on banks ... ( read original story ...)
Stock Market News Today, 7/22/24 – Futures Higher After Biden’s Withdrawal
U.S. futures traded higher on Monday morning as investors digested a major development in the U.S. political scenario. President Joe Biden ( read original story ...)
China cuts short and long-term rates
China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The People's Bank of China cut rates on its seven-day reverse purchase ... ( read original story ...)
Stock Market News Today, 7/19/24 – Futures Flat After a Weak Session
U.S. futures were steady on Friday morning following a broad market decline triggered by a tech-heavy sell-off. Futures on the Nasdaq 100 (NDX), ( read original story ...)
China to launch Shanghai Stock Exchange STAR 200 Index
BEIJING -- China's Shanghai Stock Exchange (SSE) on Sunday announced that it will launch the SSE STAR 200 Index on Aug 20 to track the performance of companies listed on the STAR market, China's ... ( read original story ...)
China Market Update: Hong Kong IPO Pipeline Heats Up, Week In Review
Asian equities were mixed for the week as Hong Kong outpaced Mainland China, which was lower, with a slight gain. May retail sales, reported Monday, increased by +3.7% year-over-year (YoY), versus ... ( read original story ...)