Chinese banks cut lending rates in latest bid to boost growth – business live
Rolling coverage of the latest economic and financial news.   08:25 Shares in precious metals producer Fresnillo have jumped 4% in early trading, tracking the gold price higher. That puts Fresnillo on the top of the FTSE 100 leaderboard.
Metals Rise After Chinese Banks Cut Rates to Aid Property Market
Iron ore and base metals rose after Chinese banks cut their benchmark lending rates, part of a push by Beijing to ensure Asia’s biggest economy meets growth targets for this year.
China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China cuts key lending rates to support growth
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
Chinese Banks Slash Key Lending Rates to Bolster Ailing Economy
China cut its benchmark lending rates after the central bank lowered key interest rates at the end of September as part of a series of measures aimed at reviving economic growth and halting a housing market crash.
China cuts key mortgage rate, ‘encouraging sign’ amid push to stabilise property market
China announced on Monday it had slashed a key reference rate for mortgage loans by a quarter of a percentage point, as the country stepped up efforts to stabilise the property market. The benchmark five-year loan prime rate (LPR) was lowered from 3.
China cuts benchmark loan prime rates by 25 bps
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of
China rate cuts looming, US booming
The trading week in Asia opens against an increasingly bullish global backdrop fueled by continued strength in US stocks, but with local sentiment more circumspect due to the uncertainty surrounding China's deep-rooted economic problems.
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China Cuts Benchmark Lending Rates
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts ...