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    • China cuts loan prime rate to boost slowing economy

      Investing.com via Yahoo Finance Canada· 9 hours ago

      Investing.com-- The People’s Bank of China unexpectedly cut its benchmark loan prime rates further into record-low territory on Monday as recent signs of a slowing economic recovery drew more calls for stimulus.

    • How Investors Are Reacting to Biden Dropping Out

      How Investors Are Reacting to Biden Dropping Out

      Bloomberg via Yahoo Finance Canada· 9 hours ago

      (Bloomberg) -- Markets already had plenty to deal with as summer kicks into full gear, from assessing the Federal Reserve’s rate-cut path to the heart of...

    • Asia FX weak, dollar edges lower after Biden drops presidential bid

      Investing.com via Yahoo Finance Canada· 6 hours ago

      Investing.com-- Most Asian currencies tread water on Monday as an unexpected interest rate cut in China offered little cheer, while the dollar crept lower after President Joe Biden said he will no longer seek reelection.