With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Chinas central bank, the Peoples Bank of China (PBOC), conducted a medium-term lending facility (MLF) operation on Friday, offering 200 billion yuan ($27.46 billion) in one-year loans to financial ...