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China's central bank might cut interest rates from current level of 1.5% in 2025, FT reports
China's central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
China stocks rise amid broader gains in Asia markets as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.
China's central bank likely to cut rates in 2025, FT reports, as part of broader policy shift
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
8h
on MSN
India's Kotak Mahindra Bank's Milind Nagnur steps down as COO, CTO
Kotak Mahindra Bank's Milind Nagnur resigned from his positions as chief operating officer and chief technology officer, ...
American Banker
1h
Year-end heavy lifting gives New York bank a new look
Arrow Financial in Glens Falls kept busy in December, consolidating its two subsidiary banks, expanding its board and ...
4d
on MSN
Rank-and-file bank workers sell client data to online scammers: report
Low-level bank employees continue to get caught selling personal information, exposing a major weakness in bank security, ...
2h
Interest rates, exporters and Reserve Bank intervention: there's a lot at stake as the Australian dollar weakens
The Australian dollar has come under a lot of pressure over the past two weeks, raising the question is the Reserve Bank ...
American Banker
1d
Bank struggles, Trump's crypto plans and more news for investors to watch
Banks are taking hits in the stock market as they use 2024 to restructure balance sheets and inflation slightly increased in ...
1d
on MSN
Palestinian Authority freezes Al Jazeera operations in the West Bank
The Palestinian Authority has suspended Al Jazeera from broadcasting and operating in the occupied West Bank. It accused the ...
21h
Bank of America Premium Rewards Elite Credit Card review: Could this be your next premium travel card?
If you're a frequent traveler who can make use of the annual credits, airport lounge access, and travel protections, consider ...
3d
Citi and Bank of America Say They’re Leaving Global Climate-Banking Alliance
Citigroup Inc. said it’s leaving the Net-Zero Banking Alliance, becoming the third big US lender to leave the climate-finance ...
17h
on MSN
Man arrested after pretending he had an explosive device to rob Turlock bank
Turlock police said the suspect, identified as 45-year-old Benjamin Charles Malakismail, entered the bank with a briefcase and told an employee there was an explosive device inside of it.
2h
Man, woman seriously injured following four-vehicle collision on Bank Street
A man and a woman were seriously injured following a four-vehicle collision on Bank Street at Lester Road Friday afternoon, ...
2d
Bank Mergers: Recent Policy Changes
An examination of recent changes to bank merger review policies introduced by the Federal Deposit Insurance Corporation (FDIC ...
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