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China's central bank hints it may add treasury bond trades to policy toolkit
23 Apr 2024 15:11 GMT
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BEIJING (Reuters) - A senior Chinese central bank official suggested on Tuesday that …
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Gold prices have another 29% upside as China's central bank continues its buying spree, famed economist says
23 Apr 2024 14:41 GMT
Gold prices are set to continue their record bull run to $3,000 per ounce, according to David Rosenberg.
Rosenberg highlighted a buying spree from China's central bank as one reason why prices will rise.
Rosenberg said that the Federal Reserve's …
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China downsizes holdings of US treasury bonds to $775 billion: data
24 Apr 2024 17:59 GMT
File photo shows a worker counts Chinese currency Renminbi (RMB) at a bank in Linyi, east China's Shandong Province. Photo: Xinhua
China's holdings of US Treasury bonds fell to $775 billion in February, a drop of $22.7 billion from a month earlier, …
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China-US 4th meetings of economic and financial working groups signal 'steady, phased progress' in stabilizing ties
24 Apr 2024 18:00 GMT
China US Photo:VCG
The economic and financial working groups of China and the US held their fourth meetings in Washington DC on Tuesday, shortly after US Treasury Secretary Janet Yellen wrapped up a high-stakes six-day visit to China last week, which led …
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Government rolls out initiative to support easier payment for foreigners in China
24 Apr 2024 18:00 GMT
Photo: VCG
The People's Bank of China, Ministry of Commerce, and State Administration of Foreign Exchange have introduced new policy measures aimed at facilitating easier payment for foreign visitors, as part of the nation's ongoing efforts to …
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China's newly added social financing still at historical high level in Q1: official
24 Apr 2024 17:59 GMT
A view of the PBC building in Beijing Photo: VCG
Newly added social financing during the first quarter was still one of the highest in history, with an improved structure to better serve the development of the real economy, an official of the People's …
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Yuan's share hits record high in global payments in March: SWIFT
24 Apr 2024 17:59 GMT
Chinese yuan Photo:VCG
The share of the yuan in global payments rose to a record high in March, remaining the world's fourth most active currency ahead of the Japanese yen, data from global payment services provider Society for Worldwide Interbank …
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MNI EUROPEAN OPEN: A$ Higher, Local Yields Surge Post CPI Beat
24 Apr 2024 08:26 GMT
Source: MNI - Market News/Bloomberg
U.K.
WAGES (MNI): Brightmine (previously XpertHR) median basic pay awards in the 3 months to the end of March 2024 fell to +4.8% (vs a revised +5.0% in the prior rolling quarter - originally +4.8% Y/Y 3 month …
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The RBI Story: 90 Years And Going Strong
24 Apr 2024 05:45 GMT
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest.
Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in …
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MNI: PBOC Sets Yuan Parity Lower At 7.1048 Weds; -4.92% Y/Y
24 Apr 2024 03:36 GMT
The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 7.1048 on Wednesday, compared with 7.1059 set on Tuesday. The fixing was estimated at 7.2361 by Bloomberg survey today.
USD-CNY
EUR-CNY
JPY-CNY
Today's Fixing
7.1048 …