monetary policy

New Business

China hits record panda bond issuance in 2024, with analysts bullish for 2025

The issuance of “panda bonds” – yuan-denominated debt securities from overseas institutions operating in China – hit a record high…

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New Business

China’s yuan hits 2-year low, Asian currency pressure rises, as US dollar strengthens

With the offshore yuan having plunged to its lowest level in more than two years against the US dollar as…

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New Business

Institutions fined big as China’s bond yields plunge, reflecting resolve of central bank

China’s central bank has imposed heavy fines on three financial institutions for bond-trading irregularities – the first of such punitive…

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New Business

China’s finance ministry vows measures to boost consumption and investment next year

The Ministry of Finance has vowed concerted efforts to expand domestic demand next year as well as more and quicker…

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New Business

US Fed’s hawkish rate-cut forecast slams China’s yuan

The offshore yuan weakened overnight and broke a key psychological level of 7.3 per US dollar, as the US Federal…

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New Business

China urged to anchor yuan to non-US dollar currencies to empower domestic tools

China’s policymakers should consider anchoring the yuan exchange rate to a basket of non-US dollar currencies to create more flexibility…

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New Business

China consumer spending to rise in 2025, but only modestly, Bain and Kantar say

China’s consumer market, stuck in a deflationary spiral, is poised to stage a recovery next year, buoyed by Beijing’s proactive…

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New Business

China’s 2025 economic path previewed as central bank pledges ‘supportive’ monetary policy

China’s central bank governor on Monday pledged a “supportive” monetary policy stance and vowed to enhance countercyclical adjustment with a…

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China’s central bank enters treasury bond market with net buy of 100 billion yuan

China’s central bank has conducted its first treasury bond trade in nearly two decades in open markets, debuting a long-awaited…

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New Business

Opinion | South Korea, Australia show rate cuts are no cure-all for property markets

In South Korea, for example, the mere expectation that borrowing costs will soon be reduced has contributed to a sharp…

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