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China surprises with rate cut to prop up sluggish economic recovery

In a surprise move, China’s central bank on Tuesday lowered a short-term lending rate for the first time in 10 months, seeking to help restore market.

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China cuts short-term borrowing costs to support recovery | Hellenic Shipping News Worldwide

China cuts short-term borrowing costs to support recovery | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Asian FX slips on firm dollar; Fed in focus

ASIAN currencies slid against the dollar on Monday as caution prevailed ahead of a string of central bank meetings in a week packed with the release of key economic data dominated by the U.S. Federal Reserve's rate decision.

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Asian FX mixed after weak US data affirms Fed pause, stocks gain

Most Asian currencies traded mixed on Tuesday as economic data in the U.S. pointed to sluggish growth in the country's services sector, further bolstering the case for a pause in interest rate hikes by the Federal Reserve next week. The Malaysian ringgit and Thailand's baht depreciated as much as 0.5 per

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Asian FX Mixed After Weak US Data Affirms Fed Pause, Stocks Gain

Asian FX Mixed After Weak US Data Affirms Fed Pause, Stocks Gain
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