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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.

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.

China set to hold lending benchmarks steady in May, survey shows

SHANGHAI/SINGAPORE (Reuters) - China is expected to leave lending benchmarks unchanged at a monthly fixing on Monday, a Reuters survey showed, as the cost of medium-term policy loans was kept steady, while the yuan currency faced renewed downside pressure. | May. 19

China set to hold lending benchmarks steady in May, survey shows | Hellenic Shipping News Worldwide

China set to hold lending benchmarks steady in May, survey shows | 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.

Chinese households turn to jewellery and gold in flight to safety

SHANGHAI/SINGAPORE - Violet Zhu, a Shanghai-based electronic components exporter, has been attending jewellery auctions and chatting on social media forums on the subject this year, looking to invest in rubies and diamonds. "I don't have the brain for stock investments, and I am waiting to redeem mutual fund products once they break even. But in the meantime, I have been.

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