[email protected]

Tag: The People’s Bank of China

Tag Archives: The People’s Bank of China

25Aug/15

Wall Street’s rally goes up in smoke, indexes end lower

August 25, 2015FinanceBest Buy, China, Crowds, Dow Jones Industrial Average, DOW JONES INDUSTRIAL AVERAGE INDEX, Economic consequences of the 2006 Thai coup d'état, Economy, Economy of China, Exelon Corp, India, Kevin O'Leary, NASDAQ COMPOSITE INDEX, New York, New York Stock Exchange, Nicholas Colas, Pepco Holdings Inc, Republics, S&P 500 INDEX - CBOE, Stock market, Stock market crashes, The People's Bank of China, United States, Wall Streetsmbale

A strong rally on Wall Street evaporated and turned into losses, as concerns about China’s economy heavily outweighed lower valuations that some investors earlier saw as bargains.

Continue reading →

25Aug/15

China cuts rates, reserve ratio to aid economy as stocks sink

August 25, 2015EconomyAlistair McCaig, Banking in China, Central bank, China, Chinese Banking Liquidity Crisis, Economy of China, Federal funds rate, Finance, financial services, Futures contract, Interest rate, Jeremy Batstone-Carr, London, Mathematical finance, Monetary policy, Money, The People's Bank of China, United Kingdom, United Statessmbale

China’s central bank cuts interest rates and simultaneously relaxes reserve requirements for the second time in two months.

Continue reading →