China's former central bank governor Yi Gang said on Friday the country should focus on fighting deflationary pressure as the world's second-biggest economy struggles to lift-off despite a raft of ... ( read original story ...)
China should focus on fighting deflationary pressure, former central bank governor says
China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai. ( read original story ...)
China Stock Market Likely Rangebound On Thursday
The China stock market has finished lower in three straight sessions, surrendering almost 60 points or 2.1 percent along the way. The ... ( read original story ...)
China Ex-Central Bank Governor Makes Rare Nod to Deflation Worry
Former People’s Bank of China Governor Yi Gang said his nation should focus on fighting deflation, in a rare admission by a prominent figure in China that falling prices are threatening the country’s ... ( read original story ...)
China’s Central Bank Sees Room to Lower Banks’ Reserve-Requirement Ratio
A Chinese central bank official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline amid ... ( read original story ...)
Shanghai Electric Reports FY 2024 H1 Revenue of RMB 49.869 Billion with 22.6% YoY Net Profit Growth
Shanghai Electric ("the Company") (SEHK:2727, SSE:601727) releases its financial results for the first half of 2024, reporting a revenue of RMB 49.869 billion, with the net profit attributable to ... ( read original story ...)
Stock Market News Today, 9/5/24 – Futures Flat After a Rocky Start to September
U.S. futures showed little movement on Thursday morning following a volatile start to September. The market’s difficulties this month have been ... ( read original story ...)