The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,
The BOJ did not comment specifically on the yen, which has steadily weakened since the last BOJ meeting
Stock markets in the Asia-Pacific region traded mostly higher at the start of the week, while Chinese stocks dipped in the negative territory as investors digested the People's Bank of China's (PBoC)
The ECB has become "the central bank to be followed," one central bank governor said.
In the 1960s the birthrate in Greenland was one of the highest in the world. Then it plunged. Decades later, women have finally begun speaking out about what happenedBula Larson was 14 when one day she and her friends were told to go to the hospital. Bula lived in Greenland and was Inuit like most of the population of the island, which is an autonomous territory of Denmark. At the hospital she and her friends lined up, and one-by-one were told to enter a room. Bula recalls how she was asked to...
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
Geopolitical risk is the biggest threat to a prospective June rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann.
“There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money into.”
Several ECB officials have made remarks about their expectations for interest rates in recent days.
With the California festival set to return this weekend, Kevin E G Perry looks back at some of its most memorable performances
Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering […]
LAWRENCE (KSNT) - KU men's basketball might have its team complete for next season. After Friday's announcement from Hunter Dickinson and commitment from Rylan Griffen, the Jayhawks' roster could be full at 13 scholarship players, pending a decision from rising sophomore Johnny Furphy. Furphy declared for the NBA draft while maintaining his college eligibility. He []