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China’s Central Bank Buys More Gold
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
China’s central bank overhaul
Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy filings hit their highest rate in 14 years, and the People’s Bank of China has announced a major policy overhaul as pressures on the economy mount.
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold. Click to read.
Gold Futures Rise as China Central Bank Buys More Bullion
Gold futures rose as China boosted its reserves of the precious metal for the second consecutive month, while gold traders are likely in for a volatile week, with U.S. labor data due Tuesday, Wednesday and Friday.
1d
on MSN
China Pushes Back Against Yuan Weakness After Last Week’s Slide
China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it ...
4d
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, ...
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18h
China extends fiscal interest subsidy for equipment upgrade loans
BEIJING -- China's Ministry of Finance announced on Monday that the government's fiscal interest subsidy policy for bank ...
4d
on MSN
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced on Friday that it would likely reduce interest rates from the current 1.5% "at an ...
4d
on MSN
China central bank calls in mutual funds to flag bond investment risks, sources say
China's central bank summoned some fund managers on Friday to warn against frenzied buying of government bonds that has ...
1d
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
4d
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit ...
2d
Morning Bid: China two-year yield eyes fall below 1.00%
Canada's main stock index rose on Friday to round out a positive holiday-shortened week, with nine of 10 major sectors ...
3d
China’s central bank vows to use multiple monetary policy tools, cut RRR, interest rates at appropriate time
The monetary policy committee of the People’s Bank of China (PBC) advised to strengthen monetary policy regulation, including ...
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