China, eurozone weaken despite world awash with cash

Last Updated: Tuesday, September 1, 2015, 18:55

China`s giant manufacturing industry contracted while British and eurozone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.

China to issue new 100-yuan bank note

Last Updated: Monday, August 10, 2015, 13:53

The People`s Bank of China (PBOC) on Monday announced that it would issue a new 100-yuan bank note from November 12, a media report said.

China's central bank says financial system stable

Last Updated: Tuesday, July 14, 2015, 17:07

Economic conditions were complicated and should not be underestimated, the People`s Bank of China (PBOC) said in a statement published on its website.

China stock market freezing up as sell-off gathers pace

Last Updated: Wednesday, July 8, 2015, 17:46

China`s tumbling stock market showed signs of seizing up on Wednesday, as companies scrambled to escape the rout by having their shares suspended and indexes plunged after the securities regulator warned of "panic sentiment" gripping investors.

Chinese shares sink further, Hong Kong hit by Greece crisis

Last Updated: Monday, June 29, 2015, 15:35

Chinese shares tumbled Monday after a rollercoaster ride, extending losses of the past two weeks, while Hong Kong also sank on expectations Greece will default on its debt and possibly crash out of the eurozone.

China cuts interest rates again to support economy

Last Updated: Saturday, June 27, 2015, 16:18

China's central bank cut its benchmark lending rates by 25 basis points to 4.85 percent on Saturday, the fourth reduction since November, as it gears up to lower borrowing costs and support a slowing economy.

China trying a policy twist to cut borrowing costs

Last Updated: Tuesday, June 16, 2015, 10:10

China is looking for new ways to lower stubbornly high long-term borrowing costs and stop the fruits of its looser monetary policy being pumped into speculative plays instead of supporting its slowing economy, policy insiders say.

China's economy shows little improvement in May, investment growth sinks to 15-year low

Last Updated: Thursday, June 11, 2015, 16:06

Economists at the central bank said this week they expect growth to pick up modestly in the next six months as previous policy easing measures start to take effect and the housing market stabilises.

China central bank warns of unstable inflation outlook, low prices

Last Updated: Wednesday, May 27, 2015, 18:18

China`s central bank warned of deflationary pressure in the world`s second-largest economy on Wednesday as it forecast subdued consumer prices for the year and a challenging growth outlook.

Asia shares mostly up after US jobs report, China rate cut

Last Updated: Monday, May 11, 2015, 14:17

Shanghai jumped 3.04%, or 127.66 points, to 4,333.58 and Hong Kong added 0.51, or 140.86 points, to close at 27,718.20.

China cuts interest rates for 3rd time in six months as economy sputters

Last Updated: Monday, May 11, 2015, 10:46

China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.

China cuts interest rates for 3rd time in six months to revive economy

Last Updated: Sunday, May 10, 2015, 15:11

China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.