Showing results for "#People's Bank of China"
Asia shares rally on Fed cut bets; yen pares gains
Chinese shares offshore posted strong gains last week while mainland markets were closed from Wednesday to Friday for the Labour Day holiday.
China sets yuan midpoint at 6-week low, but far stronger than expected
The People's Bank of China (PBOC) set the midpoint rate , around which the yuan is allowed to trade in a 2% band, at 7.2076 per dollar prior to market...
China announces 234 arrests in provincial banking scam
According to the Xuchang city police, significant progress has been made in retrieving capital and recovering the losses, China Daily reported.
Yuan rebounds from 2-yr low after PBOC cuts FX reserve ratio
The central bank has set firmer-than-expected yuan midpoint guidance rates in recent sessions. The onshore yuan lost over 2% against the dollar in...
China's former justice min given death sentence for corruption
Earlier, one of China's highest-ranking officials in the finance sector was arrested on suspicion of taking bribes and abusing his power, according to...
Favouring continuity, China reappoints central bank governor
Before becoming governor, Yi spent 20 years at the central bank after getting his Ph.D. from the University of Illinois and working as a professor of...
China is willing to implement debt disposal
Yi made the remarks at a meeting of Group of 20 finance ministers and central bank governors during the World Bank and IMF Spring Meetings in...