Tag: banking

Initiative aims to ease access to capital for entrepreneurs who are looking to invest at the beginning of a rate-cut cycle.

Investors in Asia will look toward Australia's inflation rate for August, which is expected to ease to 2.7% from 3.5%.

At 9 a.m., the People's Bank of China (PBOC) Governor Pan Gongsheng led a press conference along with China Securities Regulatory Commission (CSRC) Chairman Wu Qing and State Administration for ...

Hang Seng Mainland Properties Index surged as much as 5% after PBOC Gov. Pan Gongsheng announced several measures on Tuesday.

The governor of the central bank said it will also reduce the down payment ratio and cut mortgage rates to support the property market.

Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.

Hong Kong regains top billing in Asia from Singapore for the first time since September 2022, when the city remained closed due to the pandemic.

China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b ...

Hong Kong stock market saw broad-based gains Tuesday with the benchmark Hang Seng Index soaring 413 percent to close at 1900056 points the highest ...

Hong Kong ranks third in the Global Financial Centres Index 36 Report published by the UK’s Z/Yen and the Shenzhen-based China Development Institute, up from fourth place in the March version of the ...

The governor of the central bank said it will also reduce the down payment ratio and cut mortgage rates to support the property market.

HONG KONG, Sept. 24 (Xinhua) -- Hong Kong's benchmark Hang Seng Index surged more than 4 percent to surpass the 19,000 mark during Tuesday's afternoon trading, as a slew of pro-growth measures boosted ...

The People's Bank of China has announced that it will reduce the reserve requirement ratio by 50 basis points, among other measures.

Hong Kong and Shanghai stocks led gains across Asia and Europe on Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two ...