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US and China agree that they need each other to stay economically on top
US President Donald Trump and Chinese President Xi Jinping have both acknowledged that their countries cannot afford to break ...
Australian Dollar remains solid as US Dollar depreciates ahead of US PMI
The Australian Dollar extends its gains following the PBOC's conducting a medium-term loan operation. Australia's Judo Bank ...
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Gold production in China rises by 0.56% in 2024
BEIJING, 24th January, 2025 (WAM) -- China’s gold production rose by 0.56% to 377.24 tonnes in 2024, while the People’s Bank of China increased its gold reserves by 44.17 tonnes to reach 2,279.57 ...
Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back ...
China Cenbank Conducts Medium-Term Loan Operation, Rate Unchanged
The People's Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) ...
China Central Bank Keeps Key Policy Rate Steady
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.
China’s Flattening Yield Curve Is Putting PBOC in Focus
The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the ...