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Category PBOC

Japan’s yen rose after Ishiba’s party lost the election

Japan’s yen rose after Ishiba’s party lost the election

The Japanese yen jumped early Monday, catching traders off guard just hours after Ishiba’s ruling party suffered a historic blow in the upper-house...
Chinam pledges to share technology and support trade with countries at WEF event

Chinam pledges to share technology and support trade with countries at WEF event

China’s Premier, He Lifeng, vowed to open China’s doors to trade activities and share technological advances with other countries.
China pauses lending rate cuts after recent easing measures

China pauses lending rate cuts after recent easing measures

China expectedly kept its benchmark lending rates unchanged, following the sweeping monetary easing measures rolled out last month to boost growth.
China's central bank promotes blockchain and stablecoins as solution to payments

China's central bank promotes blockchain and stablecoins as solution to payments

People’s Bank of China (PBoC) governor emphasized blockchain’s role and distributed ledgers for global payments at the Lujiazui Forum event.
China’s central bank throws weight behind new, emerging global currency system

China’s central bank throws weight behind new, emerging global currency system

China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more ...