The central bank knows that a policy rate cut would be ineffective, so it’s finding ways to get funding to the corners of the economy that need it.

BING NEWS:
  • ASX ends higher after positive session on Wall Street, Crown Sydney retains casino licence — as it happened
    The ASX 200 has ended higher on Tuesday after Wall Street's three major stock markets all finished higher overnight, while Crown Sydney has been allowed to keep its casino licence.
    04/22/2024 - 8:16 pm | View Link
  • China Finance Ministry Voices Support for Central Bank Bond Trading
    China’s finance ministry has said it is in favor of the central bank resuming trading Treasury bonds, a move that would see the monetary authority dust off a rarely used tool in its policy kit.
    04/22/2024 - 4:52 pm | View Link
  • Tencent surges on early release announcement of Nexon’s Dungeon & Fighter mobile game
    Tencent saw its shares surge, marking its largest rally since December, as it announced the earlier-than-expected debut of a new mobile game.
    04/21/2024 - 10:32 pm | View Link
  • Christian Horner snipes at Toto Wolff: Focus on Mercedes’ problems rather than Max Verstappen
    There will be a few drivers and teams who will be feeling pleased with themselves. Nico Hulkenberg made it into Q3 again for Haas, Valtteri Bottas did so for the first time in 2024 for Sauber. Alpine ...
    04/21/2024 - 6:15 am | View Link
  • China’s 5.3% Magic Trick Doesn’t Disappear Deflation
    There are two problems with this stronger-than-expected year-on-year gain in the first quarter. One, this economic equivalent of a magic trick masks hints of weakness. Two, it might give Beijing the ...
    04/19/2024 - 5:38 pm | View Link
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Welcome to Wopular

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