PBOC seen Leaving Policy Loan Rate Unchanged on Tuesday

SHANGHAISINGAPORE, Aug 14 Reuters China39;s central bank is expected to keep rates on its mediumterm policy loans unchanged on Tuesday, a Reuters survey showed, despite fresh signs the economic recovery is losing momentum. Tumbling credit growth and rising deflation risks in July have called for more monetary easing measures to arrest the slowdown, market watchers said, but a weakening […]
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Russian CB to Hold Emergency Rate Meeting as Rouble Tumbles

MOSCOW, Aug 14 Reuters Russia39;s central bank will hold an extraordinary meeting on Tuesday to discuss the level of its key interest rate, it said on Monday, as the sharply weakening rouble prompted calls for higher borrowing costs. President Vladimir Putin39;s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. […]
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China Lifts Bans on Group Tours to US, Japan and other Key Markets

BEIJING, Aug 10 Reuters China has lifted pandemicera restrictions on group tours for more countries, including key markets such as the United States, Japan, South Korea and Australia in a potential boon for their tourism industries. The decision was announced by China39;s culture and tourism ministry on Thursday, effective immediately. Prior to the pandemic, mainland […]
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Australia Holds Rates Steady, Might be done Tightening

SYDNEY, Aug 1 Reuters Australia39;s central bank on Tuesday held interest rates at 4.1 for a second straight month, saying past increases were working to cool demand, but retained a warning that some more tightening might be needed to curb inflation. Wrapping up its August policy meeting, the Reserve Bank of Australia RBA largely left […]
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Turkey Raises Rate by 250 bp to 17.5, below Expectations

ISTANBUL, July 20 Reuters Turkey39;s central bank hiked its policy rate by 250 basis points to 17.5 on Thursday, continuing to reverse President Tayyip Erdogan39;s lowrates policy, but the tightening fell short of expectations with inflation expected to rise sharply. It was the second meeting under new Governor Hafize Gaye Erkan, who is leading a […]
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Chip Companies, Top US Officials Discuss China Policy

WASHINGTON, July 17 Reuters U.S. chip company executives met with top Biden administration officials on Monday to discuss China policy, the State Department and sources said, as the most powerful semiconductor lobby group urged a halt to more curbs under consideration. Secretary of State Antony Blinken talked with chip company chief executives about the industry […]
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