China July new bank loans tumble, credit growth weakens further

[ad_1] Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Weak credit readings add to flurry of gloomy economic data…

China c.bank says RRR cuts, other policy tools need to be used flexibly

[ad_1] BEIJING: Reserve requirement ratio (RRR) cuts, open market operation and all structural monetary policy tools need to be used flexibly to ensure reasonably ample liquidity in the banking system,…

GRAPHIC A (markets) journal of the plague year

[ad_1] LONDON, Dec 31 (Reuters) – Last December, the first infection with the new coronavirus was reported to the World Health Organization. Twelve months later, as the charts below show,…

China starts to slow yuan’s one-way slide

[ad_1] SHANGHAI/BEIJING: China set a stronger-than-expected trading band for its currency on Tuesday and state banks sold dollars against the yuan, market sources said, in the strongest sign yet the…

Sweden’s central bank to report $7.7 bln loss for 2022

[ad_1] STOCKHOLM, Jan 11 (Reuters) – Sweden’s central bank expects to report a loss of 81 billion Swedish crowns ($7.72 billion) for 2022 due primarily to higher market interest rates,…

Denmark’s central bank urges tighter lending rules to homeowners

[ad_1] COPENHAGEN, Dec 2 (Reuters) – Denmark’s central bank on Thursday renewed calls for a tightening of mortgage lending rules, saying some home owners are vulnerable to falling house prices…

China seen holding benchmark rate steady in Aug, but weak data fans rate cut talk

[ad_1] SHANGHAI, Aug 19 (Reuters) – China is expected to keep its benchmark lending rate unchanged for the 16th straight month at its August fixing on Friday, but some traders…

Singapore’s central bank imposes additional capital requirement on DBS Bank

[ad_1] May 5 (Reuters) – The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country’s largest lender DBS Group (DBSM.SI),…

Denmark’s central bank raises key rate, following ECB hike

[ad_1] COPENHAGEN, May 4 (Reuters) – Denmark’s central bank raised its key interest rate by 0.25 percentage points to 2.85% on Thursday, following a rate hike earlier in the day…

Chinese digital currency stocks surge amid new efforts to promote e-CNY

[ad_1] SHANGHAI/SINGAPORE: Chinese digital currency-related stocks jumped on Monday in a weak broader market, amid the latest measures that China is taking to promote the use of its own central…