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China Central Bank Set to Leave Policy Rate Unchanged, Drain Some Liquidity

China Central Bank Set to Leave Policy Rate Unchanged, Drain Some Liquidity
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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China central bank set to leave policy rate unchanged, drain some liquidity

Market watchers widely believe Beijing will continue to prioritise the stability of the yuan, at a time the Chinese currency is facing renewed depreciation pressure. In a Reuters poll of 31 market watchers conducted this week, all respondents expected the People's Bank of China (PBOC) to leave the interest rate on one-year medium-term lending facility (MLF) loans unchanged at 2.50% when rolling over 170 billion yuan ($23.49 billion) worth of such loans.

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Terminus raises $276mn to fund LLM apps

Terminus raises $276mn to fund LLM apps
chinaeconomicreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinaeconomicreview.com Daily Mail and Mail on Sunday newspapers.

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Chinese AIoT firm Terminus Group snaps over $276m in Series D round

Terminus Group has pocketed 2 billion yuan ($276.4 million) in a Series D round co-led by AL Capital.

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Deals in brief: Peptobiotics raises USD 6 2 million, Meaningful Partners invests in Allies of Skin, nine China and India deals, and more

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

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