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.
Turkish Inflation Cools as Central Bank Embarks on Rate-Cutting Cycle
Inflation fell to 44.4% in December, likely reassuring Turkey’s central bank after it cut its key interest rate for the first time since 2023 last month.
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.
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy approach, the Financial Times reported on Friday,
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, ...
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Low-level bank employees continue to get caught selling personal information, exposing a major weakness in bank security, ...
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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 ...
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.
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 ...
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 ...