China has unveiled its largest set of economic stimulus measures since the pandemic in an attempt to kickstart growth in the world’s second largest economy. The People’s Bank of China (PBoC) announced today it had cut its benchmark interest rate by 50 basis points, as well as the amount banks must h...
Read Also
- Bank of England’s Bailey doubts interest rates will fall back to near zero
- Organised apparel retailers to clock 8-20% revenue growth in FY25: Report
- Analyst revisits Costco stock price target, rating, ahead of earnings
- 'Miracle' Weight Loss Drug Ozempic To Enter US Price Negotiations Within A Year, Novo Nordisk CEO Says Ahead Of Senate Hearing
- Stock Market Today: Stocks higher as China stimulus boosts sentiment
- Bank of Japan Governor Takes Cautious Stance On Interest Rates, Awaiting Key Economic Data Amid Global Uncertainty
- TotalEnergies Secures 7-Year LNG Deal With HD Hyundai Chemical: Expanding Reach In Asia's Energy Market
- Why Maison Solutions Shares Are Trading Higher By Around 91%; Here Are 20 Stocks Moving Premarket
- Rising copra and coconut oil prices cheer up industry
- What can small businesses expect from Labour's employment law reforms?
Latest City A.M.
- Bank of England’s Bailey doubts interest rates will fall back to near zero
- China unveils stimulus package in bid to kickstart flagging economy
- Wealth creators are right to be nervous
- Has Labour overdone the doom and gloom?
- UK economy: Growth continues but budget concerns ‘jangling nerves’
- Labour’s public investment quandry
- Interest rates heading lower after historic week for central banks
- US Fed’s preferred inflation metric set to validate jumbo rate cut
- IFS: Clumsy capital gains reform could ‘harm government’s growth mission’
- UK economy: After a busy week, the foundations look solid