China is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this …
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Featureforex newsInternational NewsMoneyNewsThe Watch
Chinese yuan drops 12 pips vs dollar
by Nada Aliby Nada AliThe Chinese yuan weakened by 12 percentage in points (pip) to 7.0979 against the US dollar on …
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China’s c. bank keeps MLF rate unchanged
by Nada Aliby Nada AliThe People’s Bank of China (PBC) maintained the medium-term lending facility (MLF) rate at 2.50 per cent …
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BanksFeatureInternational NewsMoneyNews
China’s PBC adds $2m via reverse repos
by Nada Aliby Nada AliThe People’s Bank of China (PBC) conducted two billion yuan ($281.9 million) of seven-day reverse repos.
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China’s FX reserves up to $3.246t in March
by Nada Aliby Nada AliChina’s foreign exchange reserves increased by $19.8 billion to $3.246 trillion in March.
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FeatureInternational NewsNews
China’s Xinjiang sees tourism boom in Qingming holiday
by Nada Aliby Nada AliTourism revenue in China’s Xinjiang Uygur Autonomous region increased by 62.33 per cent to about 2.2 billion …
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The Russian stock market saw a rise as trading commenced on Wednesday on the Moscow Exchange, TASS …
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Monday’s trading session on the Moscow Exchange saw a positive start for Russia’s stock market, as reported …
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Chinese shares led a rally in most of Asia on Monday amid a positive global economic outlook, …
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Space Epoch, Alibaba to use rockets in goods delivery
by Nada Aliby Nada AliChinese rocket maker Space Epoch is collaborating with Alibaba’s online shopping platform Taobao to develop reusable rockets …