China's yuan set for first big loss since 2005
The People`s Bank of China (PBOC) fixed the official midpoint at 6.1190 per dollar, 0.06 percent higher than Tuesday`s 6.1224.
Dec 31, 2014, 11:31 AM IST
China cuts interest rates to spur growth, ease debt pressure
China cut interest rates unexpectedly on Friday, stepping up efforts to support the world`s second-biggest economy as it heads towards its slowest expansion in nearly a quarter of a century, saddled under a mountain of debt.
Nov 21, 2014, 20:39 PM IST
China's inflation at four-month high of 2.5% in May
Food prices rose 4.1 percent in May from a year earlier, quickening from April`s 2.3 percent rise, the data showed.
Jun 10, 2014, 09:53 AM IST
China to reduce rural banks' reserve requirements
China's central bank today announced details of a plan that reduces the amount of money rural banks must keep in reserve, a move aimed at stimulating the economy amid slowing growth.
Jun 10, 2014, 00:21 AM IST
