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China cuts 1-year benchmark rate, doubles subsidies for EVs | Investment Executive
Investment Executive· 5 hours agoThe banks cut deposit rates three times last year and this was the first reduction for 2024, it...
China Rules Solar Energy, but Its Industry at Home Is in Trouble
New York Times· 7 hours agoThe solar sector shows how China conducts industrial policy: It chooses industries to dominate,...
With big goals and gambles, Paris aims to reset the Olympics with audacious Games and a wow opening
Detroit News· 11 hours agoParis has long been a city of dreamers: Just look at the Eiffel Tower, for decades the world's...
Can Central Banks Still Go Green? | by Lucrezia Reichlin - Project Syndicate
Project Syndicate· 13 hours agoDuring the years of low inflation and zero or negative interest rates, many central banks joined the...
German Business Expectations Fall, Deepening Rebound Worry
Bloomberg via Yahoo Finance Canada· 15 hours ago(Bloomberg) -- Germany’s business outlook unexpectedly fell, adding to concerns over the rebound of...
China cuts 1-year benchmark rate, moving to boost economy as world markets languish
AOL· 20 hours agoChina ratcheted up its effort to reinvigorate its economy Thursday by cutting a key policy rate and interest paid on bank deposits. By midday, Hong Kong's ...
China central bank surprises by lending again at lower rates
Reuters via Yahoo Finance Canada· 20 hours agoThe medium-term lending facility (MLF) operation comes after the central bank cut several benchmark...
PBOC reduces one-year Medium-term Lending Facility rate to 2.3% from 2.5%
The Forex Market· 22 hours agoThe People’s Bank of China (PBOC), China's central bank, cut the one-year Medium-term Lending...
South Korea’s Economy Contracts After Surge at Start of 2024
Bloomberg via Yahoo Finance Canada· 23 hours ago(Bloomberg) -- South Korea’s economy flipped back into reverse last quarter after...
Chinese banks cut deposit rates to relieve squeezed lending margins
Reuters via Yahoo Finance Canada· 24 hours agoIndustrial and Commercial Bank of China (ICBC), Agricultural Bank of China, China Construction ...