Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Thursday 9 January 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicleBeijing relaxes some cross-border capital curbs264061/243
Shanghai - Arab Today
China’s central bank has relaxed some of the curbs on cross-border capital outflows it put in place just months ago to shore up the yuan currency, banking sources said on Wednesday. The first easing of the measures comes as China’s leaders and financial markets feel more confident that pressure on the yuan and the country’s foreign exchange reserves have diminished,Read more
Themuslimchronicle, themuslimchronicleChina central bank’s net forex sales fall to 10-month low262370/243
Beijing - Arab Today
China’s central bank in March sold the smallest amount of foreign exchange in 10 months, reinforcing signs of easing capital outflows due to regulatory curbs and a pause in the dollar’s rally. Net foreign exchange sales by the People’s Bank of China (PBoC) were 54.7 billion yuan ($7.94 billion) last month, according to Reuters calculations based on central bank’s dataRead more
Themuslimchronicle, themuslimchronicleChina factory growth beats expectations246290/84
Beijing - Arab Today
China’s factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of a surge in trade protectionism. Growth in both output and orders accelerated last month, according to official and private factory surveys on Wednesday, giving the government more room toRead more
Themuslimchronicle, themuslimchronicleChina to tighten oversight of company debt, bank assets241973/243
Beijing - Arab Today
China’s central bank said on Friday it plans to tighten up its oversight in a range of areas including corporate debt and bank assets, as policymakers fret over fast-rising leverage and the risk of asset bubbles in the rapidly growing economy. The People’s Bank of China (PBoC) also said it will keep the yuan currency basically stable while maintaining aRead more
Themuslimchronicle, themuslimchronicleChina’s central bank lifts 2 of its lending rates to rein in debt233861/243
Shanghai - Arab Today
China’s central bank raised interest rates on a key funding tool, the medium-term lending facility (MLF), on Tuesday in its latest bid to cut debt levels and bolster financial stability. Policymakers are trying to keep the world’s second-largest economy sufficiently greased to counter an economic slowdown while also managing risks created by an explosive growth in debt that has fueledRead more
Themuslimchronicle, themuslimchronicleChina’s central bank sells net $46.1bn in FX in Dec231526/243
Beijing - Arab Today
China’s central bank sold a net $46.1 billion worth of foreign exchange in December, as the authorities continued to support the sliding yuan in the face of a rising dollar and slowing economic growth. Net foreign exchange sales by the People’s Bank of China (PBOC) amounted to 317.8 billion yuan ($46.1 billion), according to Reuters calculations based on central bankRead more
Themuslimchronicle, themuslimchronicleBitcoin slides another 12%228715/85
London - Arab Today
Bitcoin plunged by as much as 12 percent on Friday after China’s central bank urged investors to take a rational and cautious approach to investing in the digital currency, which is on track for its heaviest two-day drop in two years. Bitcoin had been on a tear until Wednesday, gaining more than 40 percent in two weeks to hit aroundRead more
Themuslimchronicle, themuslimchronicleChina central bank to keep appropriate liquidity, stable yuan192718/243
Beijing - Arab Today
China’s central bank said it would use various policy tools to maintain appropriate liquidity and reasonable growth in credit and social financing. The People’s Bank of China said it would continue to implement a prudent monetary policy and keep its stance “neither too loose nor too tight.” The central bank said this in a statement after the second-quarter monetary policyRead more
Themuslimchronicle, themuslimchronicleModern colorful bedroom renovation

GMT 09:36 2024 Thursday ,01 February

Modern colorful bedroom renovation
Themuslimchronicle, themuslimchronicleAmazon to open first cashierless shop

GMT 08:31 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 23:51 2017 Friday ,03 February

It's -5°C and it's snowing in the UAE

GMT 09:55 2017 Saturday ,09 December

Liquefied gas proving to be a natural for energy firms

GMT 05:45 2015 Thursday ,22 October

Top Venezuelan businessman accused of treason

GMT 09:46 2018 Thursday ,18 January

Trump’s presidency at a pivot point

GMT 10:00 2017 Friday ,03 November

Iceland's 'trustworthy' politician

GMT 10:27 2017 Tuesday ,05 December

accused of sexual harassment

GMT 20:08 2017 Friday ,30 June

September 22 - October 22

GMT 11:40 2017 Sunday ,19 November

North Korean foreign minister set to visit Cuba

GMT 16:03 2017 Wednesday ,15 March

Karla Hadad prefers her work as presenter

GMT 07:38 2015 Sunday ,12 July

WAH London unveils Immerge collection
 
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