Tag: stock market

People's Bank of China kept its key lending rates steady for the second straight month during its December fixing, as widely expected. The one-year loan prime rate (LPR), the benchmark for most ... ( read original story ...)

In 2008 the National Consumer Disputes Redressal Commission had ruled that charging rates in excess of 30% per annum for late payments constituted an unfair trade practice. The Supreme Court stayed ... ( read original story ...)

Britain's finance minister Rachel Reeves will visit China on a two-day trip in January to revive high-level economic and financial talks that have been frozen since 2019, three people with knowledge ... ( read original story ...)

SHANGHAI: China's central bank on Wednesday urged financial institutions to guard against interest rate risks when trading in bonds, signalling discomfort among policymakers over recent frenzied ... ( read original story ...)

Ant Group, the fintech affiliate of Alibaba Group Holding, said it had no immediate plans to revive its initial public offering (IPO), dispelling market speculation it would soon go public. The ... ( read original story ...)

The Chinese fintech company, co-founded by billionaire Jack Ma, said it has no plans to go public, striking back at social-media posts contending the company was exploring a potential backdoor listing ... ( read original story ...)

Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought. The Fed ... ( read original story ...)