The People Bank of China (PBOC) kept the one-year and five-year Loan Prime Rates steady at 3.0% and 3.5%, respectively, aligned with market expectations. 

China keeps lending rates steady as Q2 growth beats expectations

Business & Economy: This strategic move is expected to infuse approximately trillion yuan, equivalent to about billion US dollars, into the banking system, fostering long-term stability.

China’s first RRR cut for financial institutions in 2025 takes effect amid trump tariff fiasco

The People's Bank of China (PBOC) has set a daily reference rate for the yuan at 7.0968 per dollar, a move indicating the country's efforts to support its currency while the dollar gains strength.

China bolsters Yuan Support amidst record fixing gap

Indian shares ended higher for a third straight session on Wednesday, boosted by metal stocks and on hopes of more monetary stimulus to cushion the economic blow from the coronavirus outbreak.

Sensex, Nifty end higher as metals advance; rate decision eyed

Investors disinvested $393 billion from Chinese stock market on Monday as fears about the deadly coronavirus continue to escalate. The Shanghai Composite index plunged 7.

Coronavirus outbreak: Chinese stock market suffers setback of $393 billion

China's central bank issued draft guidelines on Tuesday on the evaluation of the country's systemically important banks. The guidelines will help regulators to identify lenders that are crucial to China's financial system, and thus reduce and fend off major financial risks, the People's Bank of China (PBOC) said on its official website.

China Central Bank issues draft guidelines on evaluation of systemically important banks

China on Wednesday cut interest rates in a bid to shore up the world's number two economy as cooling domestic demand and a bruising trade spat with the United States hit growth.

China cuts new benchmark rate to boost economy

The Chinese yuan fell to its lowest level against the dollar since August 2010 in morning trade on Monday, fuelling speculation that Beijing is allowing currency depreciation to counter threatened US tariffs.

Chinese yuan falls to weakest level against the dollar since 2010

China's central bank chief said Friday the country has plenty of policy tools left to handle the trade war with the United States. There is "tremendous" room to counter the deepening trade war, People's Bank of China governor Yi Gang said in an interview with Bloomberg TV.

China has tools to handle trade war with US: Central bank chief Yi Gang

China's banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer "heavy losses" if they bet against the currency.

China's top banking regulator says yuan bears will suffer 'heavy losses'

The United States has threatened to impose tariffs on up to $150 billion of Chinese imports to try to force changes in Beijing's industrial policies, which Washington says are aimed at acquiring American intellectual property

US Treasury chief may visit China as trade tensions simmer

China's top leadership decided this week to take concrete measures to strengthen the regulation of local government debt next year as policymakers look to rein in a massive debt pile and reduce financial risks facing the economy.

China needs Detroit-style bankruptcy as debt problems remain: Central bank official