Rachel Reeves' surge in borrowing costs will lead to increased interest rates on mortgages and business loans, economists ...
The dollar held steady in Asian trade and looked set to extend its longest weekly winning streak in over a year.
The Chancellor Rachel Reeves is travelling to China in a bid to boost trade and economic ties, as she faces pressure over ...
Britain's Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the ...
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
It’s stating the obvious, of course, but insanity really is the problem if you repeatedly do the same thing expecting a ...
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ...
It's been a difficult start to the year for China bulls. Stocks are significantly lagging their regional and global peers, the bond yield collapse has been alarming, and uncertainty around a possible ...
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward ...
The move comes as long-term yields on Chinese bonds hit fresh lows amid expectations of more monetary policy easing.
The PBOC's seven-day reverse repo rate, its new benchmark policy rate since last year, stands at 1.5% after a total of 30 basis point (bps) cuts in 2024. It is 203 bps lower than in May 2012, the ...
China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to ...