China's Central Bank Lowers Key Policy Rate Unexpectedly

China's central bank unexpectedly cut a key policy rate to support the country's ailing economy, just days after a flurry of data showed that a lopsided recovery might have lost some steam. The

Dow Jones21:16 ET

Market turmoil! The US dollar fell to the lowest level since the end of May, and the yen soared more than 1%.

On Wednesday, the US dollar fell to its lowest level in nearly two months. The sharp rebound of the Japanese yen magnified the decline in the US dollar exchange rate and caused a response in the global forex market.

Zhitong FinanceJul 17 08:19 ET

China's Central Bank Holds Key Policy Rates Steady -- Update

China's central bank kept key policy rates unchanged on Monday, indicating a likely hold on the country's benchmark lending rate later this month even as signs of economic weakness raise expectations that easing may be in the pipeline.

Dow JonesJul 15 02:55 ET

Citic sec: Optimizing the LPR mechanism to improve the quality and efficiency of finance.

Currently, OMO has gradually become the core of policy interest rates. Optimizing loan pricing benchmarks can help improve interest rate transmission efficiency, balance the goals of the money and credit markets, alleviate the impact of asynchronous pricing of deposits and loans, and help stabilize bank interest margins.

Zhitong FinanceJul 14 21:27 ET

OECD Expects Cooling Jobs Markets, But Continued Recovery In Real Wages

Unemployment rates are set to pick up only slightly across the world's rich countries in the short term, while real wages will continue to rise as profit growth cools, the Organization for Economic Cooperation and Development said Tuesday.

WSJJul 9 05:00 ET

Is the second bull market really here? The Nikkei rose 2% and hit a new high again.

Is the Japanese stock market starting a new bull market?

wallstreetcnJul 9 02:51 ET