LPR: China makes biggest-ever cut to key mortgage rate to support housing market
China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis.
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China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis.
Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as…
Companies pulling back amid geopolitical tensions
Kyoto/Reuters The People's Bank of China in Beijing cut the five-year lending prime rate on Tuesday. Editor's note: Sign up for CNN's
Investors Look Past Surprise U.S. Inflation Reports By James Christie Good day. Last week's U.S. consumer-price index and producer-price index reports both showed a surprising jump in monthly...