UK Retail Price Inflation Plummets to Its Lowest in Nearly Two Years
January witnessed a notable slowdown in the pace of growth in the UK, as retailers offered substantial discounts in an effort to stimulate sales during a sluggish period. This development…
Chinese Markets Indicate Increasing Need for More Action from Beijing
China’s stock and bond markets are sending a clear message to policymakers: further actions are necessary to restore investor confidence. Tuesday saw a continued decline in stocks, diminishing the gains…
Asian Shares Decline Amid Worries About China’s Real Estate Market
Tuesday witnessed a decline in Asian shares, primarily influenced by the court-ordered liquidation of China’s property giant, Evergrande Group. This development, coupled with escalating geopolitical tensions, bolstered oil prices while…
China’s Decade-Long Bond Yield Drops to 20-Year Low Amid Anticipated Monetary Easing
(Jan 30): China’s benchmark government bond yield dropped to its lowest in nearly 22 years, hitting 2.48%, a level not seen since 2002. This decline reflects growing expectations for additional…
China Reduces Bank Reserve Requirements to Enhance Economic Stimulus Amid Slowing Growth
HONG KONG — In a significant move to stimulate its slowing economy, China’s central bank, the People’s Bank of China (PBOC), announced a reduction in the reserve requirement ratio (RRR)…