China cuts banks’ reserve ratio as economic growth sputters
CHINA’S central bank said on Friday it would cut the amount of cash that banks must hold as reserves by ...
Tag: Reserve
Reserve Bank of Australia holds key rate at 12-year high, defying global easing
AUSTRALIA’S central bank held its key interest rate at a 12-year high on Tuesday (Sep 24) as it tries to ...
Philippine central bank cuts banks’ reserve requirement ratios from Oct 25
The reserve requirement ratios (RRR) for universal and commercial banks will be cut by 250 basis points to 7%The Philippine ...
US Federal Reserve rate pivot seen driving outsized gains in Asian assets
ASIAN assets could have better earnings prospects and more room to benefit from easing than their global peers, after the ...
US Federal Reserve rate pivot expected to drive outsized gains in Asian assets
ASIAN assets could have better earnings prospects and more room to benefit from easing than their global peers, after the ...
Federal Reserve Slashes Interest Rates by Half Point, Its First Cut Since the Pandemic as Stocks Rally
The Federal Reserve on Wednesday implemented its first interest rate cut since March 2020, slashing benchmark rates by half a ...
China sees room to lower reserve requirement ratio, PBOC official says
The average RRR for financial institutions is around 7% at present, “so there is some room,” says officialChina still sees ...
Federal Reserve official says it is ‘time to move’ on rate cuts, but wants to be sure
FEDERAL Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate ...
US Federal Reserve chair expected to signal support for rate cuts
US FEDERAL Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference ...
Spanish Tourist Crushed to Death by Elephant Herd After He Stepped Out of Vehicle to Take Close-Up Photos at African Game Reserve
In a tragic incident that took place at a South African game reserve, a tourist was crushed to death in ...
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