Similar Stories to China Cuts Rates And Reserve Ratio As Stocks Plummet Again on Bing News

Nick Robins-Early, Huffington Post: Politics
Tue, 08/25/2015 - 6:32am

SHANGHAI/BEIJING, Aug 25 (Reuters) - China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. The moves came after Chinese stocks tumbled again on Tuesday, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world's second-largest economy was deepening.

PREV NEXT
Topics:  &sitesection=   &sponsorship=   .js-fivemin-script   ;if (typeof(commercial_video) ==    ) {src_url +=    +commercial_video.site_and_category;if (commercial_video.package) {src_url +=    made in china   shanghai/beijing   aug   reuters   people's bank   china pboc    major chinese   liu li-gang   anz bank    src_url sitesection="+commercial_video.site_and_category;if    futures limit-down the csi300   shenzhen   shanghai composite index    0#cif 0#cic    europe   u.s    australian prime minister tony abbott   leland miller   china beige book international   miller   fed's beige book    src_url sitesection="+commercial_video.site_and_category;if   rescue   global financial crisis   economics   apple inc chief executive tim cook   boeing co   koh gui qing   samuel shen   nathaniel taplin   kazanori takada   pete sweeney   devika krishna kumar   bengaluru   leika kihara   tokyo   lincoln feast   sydney   alex richardson   waterman   nick macfie     this   the huffington post   shanghai   shanghai    chinese   pboc   china    rrr   beijing   hong   kong   asia   rates   reserve   ratio   stocks   economy   percent   markets   tuesday   investors   var   placeholder   market   real   fears   central   data   world   growth   benchmark   points   cutting   response   basis   justify   monday   action   commodity   equity   downturn   big   one-year   shown   billion   time   sought   consumer   amount   banks   policy   unusual   crash   fell   week   earlier   pace   panic   fundamentals   document.createelement("script");script.src   object   sponsorship="+commercial_video.package   sitesection="+commercial_video.site_and_category;if   companies   government   giving   yuan   function   significant   landing   plunge   concerns   src_url;script.async   true;var   
BING NEWS:
  • Will CDs Still Be Worth Opening After the Fed Cuts Interest Rates?
    Once the Fed cuts rates, CD rates should follow suit. So while it may be possible to snag a 5% APY on a 12-month CD right now, after the Fed's first rate cut hits, that may be tougher.
    05/29/2024 - 6:59 am | View Link
  • Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
    Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as ...
    05/29/2024 - 6:19 am | View Link
  • Thailand's new finance minister Pichai Chunhavajira may steady skittish markets
    Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support battered markets.
    05/29/2024 - 2:35 am | View Link
  • The Rate Cut Party is Postponed, Not for These Stocks
    Over the past five months, the stock market may have gotten away from itself. The Federal Reserve has kept stock market indexes at historically high levels through its interest rate cuts narrative.
    05/29/2024 - 12:35 am | View Link
  • June ECB rate cut a done deal, majority expects cuts in Sept, Dec too: Reuters poll
    A European Central Bank interest rate cut on June 6 appears certain, according to all 82 economists polled by Reuters, a majority of whom predicted two further reductions in September and December.
    05/28/2024 - 8:36 pm | View Link
  • More
PREV NEXT

 

PREV NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Politics News

  • no title provided in feed
    CNN, Wednesday - 05/29/2024 - 05:51 PM

    CNN's Daniel Dale fact-checks the speech former President Donald Trump made while the jury deliberated during his hush money trial, where he claims the charges he is facing are rigged.

    More | Talk | Read It Later | Share
  • This Is What a Feminist Looks Like
    Mother Jones, Wednesday - 05/29/2024 - 05:03 PM

    When he authored the opinion overturning Roe v. Wade two years ago, Supreme Court Justice Samuel Alito may have taken away women’s right to abortion and ability to decide their destiny, while forcing many to endure near-death medical trauma. But one thing he will not tolerate is stopping a woman from flying a flag as she chooses—any flag, no matter how offensive.

    More | Talk | Read It Later | Share
  • Swifties Demand Taylor Swift ‘Speak Now’ on Gaza
    Time, Wednesday - 05/29/2024 - 04:06 PM

    Swifties flocked to the social media platform X on Wednesday to demand that Taylor Swift “Speak Now” on Gaza, calling out her silence on the ongoing conflict. The hashtag #SwiftiesForPalestine was trending on X, garnering nearly 80,000 posts by Wednesday afternoon. The online callout comes after an Israeli airstrike in Rafah killed at least 45 Palestinians over the weekend, sparking international outrage.

    More | Talk | Read It Later | Share
  • Alito Rejects Calls to Step Aside from Supreme Court Cases Because of Flag Controversies
    Time, Wednesday - 05/29/2024 - 01:42 PM

    (WASHINGTON) — Justice Samuel Alito is rejecting calls to step aside from Supreme Court cases involving former President Donald Trump and Jan. 6 defendants because of the controversy over flags that flew over his homes. In letters to members of Congress on Wednesday, Alito said his wife was responsible for flying an upside-down flag over his home in 2021 and an “Appeal to Heaven” flag at his New Jersey beach house last year. [time-brightcove not-tgx=”true”] Neither incident merits his recusal, he wrote. “I am therefore duty-bound to reject your recusal request,” he wrote. The court is considering two major cases related to the Jan.

    More | Talk | Read It Later | Share
  • Jury Deliberations Begin in Donald Trump’s Hush Money Criminal Case
    Time, Wednesday - 05/29/2024 - 12:20 PM

    (NEW YORK) — Jury deliberations began Wednesday in Donald Trump’s hush money trial, putting the outcome of the historic case in the hands of a dozen New Yorkers who have vowed to be fair and impartial in the face of their unprecedented task. [time-brightcove not-tgx=”true”] The jury of seven men and five women was sent to a private room just before 11:30 a.m.

    More | Talk | Read It Later | Share
  • Donald Trump’s Hush-Money Trial Is a Referendum on Truth
    Time, Wednesday - 05/29/2024 - 11:27 AM

    The closing arguments for Donald Trump’s hush-money trial have ended and a jury now decides Trump’s fate in a Manhattan courtroom. But in many ways, it is truth itself that is on trial. [time-brightcove not-tgx=”true”] For the past several weeks, jurors have heard arguments regarding Trump’s alleged attempt to disinform Americans and sway the 2016 presidential election by falsifying business records and concealing hush-money payments to adult film actress Stormy Daniels.

    More | Talk | Read It Later | Share