Severe flooding and landslides triggered by complex environmental factors have killed over 500 people and left nearly 2,500 missing across Nepal. In response to the mounting crisis, the Nepalese government has reversed its stance and accepted international rescue assistance while domestic recovery efforts continue.
Asian markets experienced a rise, fueled by falling US yields and a surge in tech stocks, while the People's Bank of China maintained its key interest rates.
Global stock markets are experiencing a significant rally, with major indices reaching historical highs and continuing their upward trend. This boom has led to discussions about a potential market bubble among some analysts.
China's central bank, the People's Bank of China (PBOC), has injected the most liquidity into the economy in five months, aiming to support and stimulate economic growth.
China's central bank, the PBOC, has purchased the largest amount of gold since 2023, amidst fluctuations in bullion prices, signaling a strategic move in its reserves.
Asian markets displayed mixed performance following the People's Bank of China's debut of a new liquidity tool, while U.S. futures saw a rise due to geopolitical relief.
China's central bank, the PBOC, has intensified its crackdown on cryptocurrency while simultaneously signaling the nation's digital future through initiatives like Xiaowei.
China's central bank is increasingly favoring bonds over traditional loans, providing the People's Bank of China with a broader range of monetary easing instruments.
China's May services Purchasing Managers' Index (PMI) surged to 54.4, exceeding forecasts, while the People's Bank of China (PBoC) halted open market injections.
Goldman Sachs and Nomura have revised their expectations for People's Bank of China (PBOC) stimulus measures following signals of restraint from the Politburo.
China's central bank, the People's Bank of China (PBOC), has maintained its interest rates for the eleventh consecutive month, as the country's first-quarter economic growth reached the top of its target range.
China has sufficient leeway to cope with imported inflationary shocks from Middle East instability, a monetary-policy adviser to the People’s Bank of China said, but the country must balance those…
The People's Bank of China is closely monitoring potential financial and regulatory vulnerabilities arising from the integration of autonomous AI agents in payment systems.
China's central bank used its daily reference rate to signal a desire for slower currency gains, after the yuan had climbed to its strongest against the dollar in over three years.
The UK's service sector growth rebounded to a three-month high, while China's service sector growth cooled to a 22-month low despite the central bank's liquidity efforts.
The People's Bank of China (PBOC) has indicated its comfort with current Yuan exchange rate levels and expects the currency to experience two-way movements, suggesting a balanced approach to its valuation.
The People's Bank of China (PBoC) has maintained its 7-day repo rate and introduced a new overnight liquidity tool, while China's industrial profits saw a significant jump of 18.8%.
The People's Bank of China (PBOC) is reportedly planning to introduce an overnight reverse repo operation, signaling the next phase in its ongoing policy adjustments.
The People's Bank of China (PBOC) has maintained its Loan Prime Rate (LPR) unchanged for the thirteenth consecutive month, signaling a consistent monetary policy stance.
China's central bank, the People's Bank of China (PBOC), has announced a new mechanism aimed at increasing the adoption and usage of the Yuan by central banks globally.
China's central bank, the PBOC, has issued a warning about 'financial involution' and reiterated its commitment to maintaining a focus on risk control within the financial system.
China's central bank has increased the limit on banks’ overseas lending, a move analysts believe will support Chinese firms in expanding outbound investments and help stabilize the yuan. Regulators raised the overseas-loan leverage ratio for foreign banks.
China's central bank, the PBOC, is employing a volatile yuan fixing strategy to mitigate the economic repercussions stemming from the ongoing conflict involving Iran.
China's central bank kept its benchmark lending rates unchanged as Beijing manages a balancing act of supporting a slowing economy while maintaining currency stability.
Lenders across China are increasingly benchmarking bond yields against the nation's overnight funding cost, signaling a structural shift in domestic financial pricing driven by central bank reforms.
China's central bank, the PBOC, injected liquidity through overnight reverse repos on Friday, marking its first such operation in the middle of a month.
China's central bank set the yuan's daily fixing at a weaker-than-expected level, a move analysts suggest is intended to slow the currency's recent appreciation to a three-year high.
The People's Bank of China (PBOC) has launched an overnight operation, surprising markets by not releasing an associated interest rate. This move marks a new development in China's monetary policy.
An adviser to the People's Bank of China (PBOC) has indicated the possibility of a rate cut while also advocating for more targeted economic aid measures.
Analysts predict that the People's Bank of China's (PBOC) new rate regime will contribute to increased market liquidity and provide support for bond markets.
China's central bank, the People's Bank of China (PBOC), has once again increased its gold holdings, even as bullion prices remain under pressure in the global market.
Traders are increasingly using AI to predict the People's Bank of China's currency policy, turning the guessing game into a new experiment in artificial intelligence.
Central banks have tapped the most yuan swap lines with the People's Bank of China (PBOC) in two years, indicating increased reliance on the Chinese currency for liquidity.
A former head of China's central bank states that declining confidence in the US dollar presents a "golden window of opportunity" for China to advance the global adoption of its currency.
China's central bank, the People's Bank of China (PBOC), has decided to keep its key lending rates unchanged, signaling a steady monetary policy stance.
China's central bank, the PBoC, has made it cheaper for traders to bet on a weakening currency, signaling concerns about the rapid appreciation of the renminbi.