China Trade Council Asks U.S. to Carefully Consider Tech Investment Ban

SINGAPORE, Sept 29 Reuters China39;s international trade council has formally asked the United States to carefully consider rules that ban or restrict U.S. investments in China39;s tech sector, state television reported on Friday. U.S. President Joe Biden signed the executive order last month which prohibits or restricts investments in Chinese entities involved in semiconductors and microelectronics, quantum […]
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Philippine Cbank Keeps Rates Steady, as Expected

MANILA, Sept 21 Reuters The Philippine central bank kept its benchmark interest rate steady at 6.25 for a fourth straight meeting on Thursday to balance the need to support economic growth while trying to curb inflation. The Monetary Board deemed it appropriate to maintain its pause and read the emerging upside risks to the inflation outlook, […]
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China Keeps Benchmark Rates Unchanged, Economy Finds Footing

SHANGHAISINGAPORE, Sept 20 Reuters China kept benchmark lending rates unchanged at a monthly fixing on Wednesday, in line with expectations, as fresh signs of economic stabilisation and a weakening yuan reduced the need for immediate monetary easing. Recent economic data showed the world39;s secondlargest economy was finding its footing after a sharp slowdown, while yuan declines have […]
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China Expected to Leave Benchmark Loan Rates Unchanged in Sept

SHANGHAI, Sept 19 Reuters China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Wednesday, a Reuters survey showed, as fresh signs of economic stabilisation and a weakening yuan constrained further monetary easing efforts. The loan prime rate LPR normally charged to banks39; best clients is calculated each month after […]
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Japans Central Bank will Keep Stimulus for Now, Risks Grow

Policy decision expected 02300430GMT, Friday BOJ seen keeping interest rate targets unchanged Board likely to debate factors driving recent rise in yields No consensus within BOJ on timing of rate hike sources Gov Ueda expected to hold briefing 0630GMT TOKYO, Sept 19 Reuters The Bank of Japan will likely keep interest rates ultralow on Friday […]
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