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China's central bank to spur financing support for consumption, trade
09 May 2025 11:55 GMT
BEIJING: China's central bank said on Friday (May 9) it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States.
Beijing stepped up efforts this week to cushion the …
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China's central bank to enhance financial services to boost consumption
09 May 2025 11:43 GMT
BEIJING, May 9 (Xinhua) -- China's central bank will implement a series of measures to improve financial services aimed at stimulating consumer spending, according to a report released Friday by the People's Bank of China (PBOC).
According to the …
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People's Bank of China Announces Reserve Requirement Ratio and Interest Rate Cuts
08 May 2025 06:46 GMT
People's Bank of China has rolled out a package of monetary policy measures to stabilize the market and expectations
On May 7, PBOC Governor Pan Gongsheng announced at a press conference held by the State Council Information Office a 0.5-percentage- …
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Five Chinese authorities announce measures to boost finance for GBA opening-up
12 May 2025 17:46 GMT
Aerial view of Nansha Port in Guangzhou, South China's Guangdong Province. Guangzhou launched its first direct shipping route to the west coast of South America, connecting Nansha Port with key ports in Latin America, on April 29, 2025. Phoro: VCGFive …
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Trade war to restrain Thai stocks in Q2
12 May 2025 15:59 GMT
Analysts also pull back on gold outlook
PUBLISHED : 12 May 2025 at 05:57
Thai equities have limited upside in the second quarter amid prolonged global trade tensions, while the gold outlook has turned cautious, according to brokerages.
Pi Securities sees …
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China rolls out new pro-growth policies against external uncertainty
12 May 2025 12:51 GMT
Pan Gongsheng (second left), Governor of the People's Bank of China, Li Yunze (second right), Minister of the National Financial Regulatory Administration, and Wu Qing (right), Chairman of the China Securities Regulatory Commission, at a press …
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China's financial markets show strong resilience; nation has ample policy room to tackle external challenges: expert
11 May 2025 21:41 GMT
Shanghai's Pudong skyline on April 26, 2025 Photo: VCG
While US protectionist tariffs have unsettled global financial markets recently - pressuring American stocks, bonds, and the dollar - China's financial markets have held steady, with the …
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70% of A-share firms report profits in Q1, empowered by sci-tech innovation
11 May 2025 21:41 GMT
stock market Photo:VCGAbout 5,400 companies listed on China's Shanghai, Shenzhen and Beijing stock exchanges have reported first-quarter results, with more than 70 percent posting a profit. An analyst said on Sunday that listed companies' better- …
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More policy steps to stabilize growth
11 May 2025 16:08 GMT
Consumers are seen at a retail complex operated by Pangdonglai in Xuchang, Henan province, on April 28. NIU SHUPEI/FOR CHINA DAILY
China's tepid April consumer price levels have left ample room for stronger fiscal stimulus and further monetary …
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Gold Prices Rise By EGP 80 In Local Markets Over The course of a Week
11 May 2025 14:04 GMT
Sun 11 May 2025 | 04:17 PM
Gold prices rose by 1.7% in local markets during the week ending Saturday evening, while the ounce rose by 2.6% during the week ending Friday evening, supported by economic uncertainty and geopolitical tensions.
Gold prices rose …