China’s central bank vows to stamp out ‘illegal activities’ like trading in stablecoins
Beijing has reaffirmed its tough stance on virtual currencies, warning of a resurgence in speculative trading and vowing…
Will China’s digital yuan centre be a step forward for internationalisation?
China is stepping up efforts to encourage the use of its digital yuan in cross-border payments and overseas…
Editorial | US rate cut offers Hong Kong relief but uncertainties remain
For people who monitor interest rates for a living, it has been a hectic week, with several major…
Nomura warns China’s stock surge risks creating a bubble with little benefit to economy
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a…
China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level…
Central banks’ independence in a changing geopolitical world
Over recent decades, central banks have gained new powers. Nowadays, they are involved in areas as diverse as…
China’s central bank vows to boost money supply, cut borrowing costs in growth push
China’s central bank has pledged more liquidity and lower borrowing costs in the second half of the year,…
China’s monetary policy impact not yet unleashed, PBOC says with 5% GDP goal in mind
China’s central bank intends to carefully calibrate the intensity and pace of its “moderately loose” monetary policy implementation,…
Salary caps spread in China’s finance sector amid ‘common prosperity’ drive
Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post…
To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt
China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as…