SHANGHAI (Reuters) -Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a ...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally.

The People’s Bank of China said in a statement its one- and five-year loan prime rates (LPRs) would stay at 3% and 3.5% ...

Chinese shares hit multiyear highs on stimulus hopes and easing trade tensions.

China kept benchmark lending rates unchanged for the third consecutive month on Wednesday, meeting market expectations, as ...

In a Communist Party journal, a professor argues a GDP growth range of 4.5 per cent to 5 per cent would be necessary to reach a 2035 benchmark.

Asian stocks ended mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell, who is expected to speak on Friday at the Fed's annual conference in Jackson Hole, ...

China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks' profitability and the yuan comes under ...

China’s Benchmark Lending Rates Kept Unchanged The one-year loan prime rate was kept at 3.45%, while the five-year rate was left at 3.95% April 21, 2024 9:36 pm ET Share ...

The Shanghai Composite Index — a benchmark by closely watched by traders who rely on technical analysis — dipped below 3,000 in early trading Friday before bouncing back above. The gauge is ...

China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, with the economy already benefiting from policy actions taken last week as it recovers from ...

China is expected to keep its benchmark lending rate unchanged for the 16th straight month at its August fixing on Friday, but some traders and analysts believe a cut may be needed soon amid signs ...