Beijing — China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown.

Topics:  beijing    china   growth   interest rates   
BING NEWS:
  • The bubble has burst: On the road to a lost Chinese economic decade
    Anyone doubting that China is well on its way to a Japanese-style lost economic decade has apparently missed the bursting of its massive housing and credit market bubble and the souring of U.S. and ...
    04/22/2024 - 7:01 am | View Link
  • Chinese Economic Concerns Drive Surge in Gold Purchases Despite Weak Yuan
    The surge in gold prices to record highs can be attributed to a combination of global uncertainties and expectations of central bank rate cuts. As economic and geopolitical uncertainties persist, ...
    04/21/2024 - 9:05 pm | View Link
  • Asian markets mixed as investors expect U.S. interest rates to stay high
    Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while.
    04/16/2024 - 4:06 pm | View Link
  • India's wholesale prices rise in March by 0.53% from a year earlier
    India's wholesale price index rose 0.53% in March from a year earlier, government data showed. Economists polled by Reuters had estimated the index would rise 0.51%. It rose 0.20% in February.
    04/14/2024 - 7:39 pm | View Link
  • Inflation numbers push back possible Fed interest rate cut
    After markets considered at one point there may have been six interest rate cuts this year, now there is concern there may not even be one.
    04/14/2024 - 4:28 pm | View Link
  • More

 

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

More Business News