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UPDATE 1-China allows some banks more overseas borrowing to lift loan pressure -sources


By Reuters Staff
(Updates with details and background)
SHANGHAI, May 27 (Reuters) - Chinese regulators have allowed smaller banks to borrow more from overseas, three sources with direct knowledge of the matter said, a move that mainly benefits the local branches of foreign banks who have reported a shortage of foreign-currency capital.
The sources told Reuters that some of these lenders lobbied against changes to cross-border financing rules at the start of the year which have significantly lowered their loan portfolios.
Some of the foreign banks in China had been forced by these regulations to significantly reduce foreign exchange loans to Chinese domestic clients, while some held these loans on their books at levels many times higher than required. ....

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People's Bank of China and Chinese interest rates explained


People’s Bank of China: a guide to China’s interest rates
Rebecca Cattlin
April 28, 2021 10:26 AM
The People’s Bank of China is somewhat of an enigma compared to other central banks. Find out everything you need to know about the PBOC and how its meetings influence financial markets.
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What is the central bank of China?
The central bank of China is called the People’s Bank of China or PBOC. It’s the body in charge of setting monetary policy – including setting interest rates – and regulating financial institutions in mainland China.
The PBOC is known as the most financially resourceful bank in the world, but as of 2020, it only has the fourth-largest total asset holding of any central bank, totalling $5.9 trillion in 2020 – the other largest being the ECB ($8.9 trillion), the Fed ($7.6 tri ....

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China repeats call to resist 'vaccine nationalism', pledges to keep monetary support


By Reuters Staff
2 Min Read
TOKYO (Reuters) - China urged the international community to resist “vaccine nationalism” and to coordinate policy to make vaccines accessible for developing countries in order to contain the pandemic and for the sake of the global economy.
FILE PHOTO: A woman holds a small bottle labeled with a Coronavirus COVID-19 Vaccine sticker and a medical syringe in front of displayed China flag in this illustration taken, October 30, 2020. REUTERS/Dado Ruvic
Yi Gang, Governor of the People’s Bank of China, said in a statement delivered to the International Monetary Fund’s steering committee on Thursday that the pick-up in global growth was “slow and uneven”, and a fair distribution of vaccines was key to achieving a sustainable recovery. ....

Yi Gang , Angela Merkel , Leika Kihara , Simon Cameron Moore , Thomson Reuters Trust Principles , International Monetary Fund , Governor Of The People Bank , President Xi Jinping , German Chancellor Angela Merkel , Thomson Reuters Trust , இ கும்பல் , ஏஞ்சலா மர்கல் , சிமோன் கேமரூன் மூர் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , சர்வதேச பண நிதி , கவர்னர் ஆஃப் தி மக்கள் வங்கி , ஜெர்மன் அதிபர் ஏஞ்சலா மர்கல் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Reuters Health News Summary


Reuters Health News Summary
Japan to add Tokyo, other areas to COVID-19 quasi-emergency state
Japan aims to place Tokyo under a new, month-long quasi-emergency state to combat surging COVID-19 case numbers, a minister said on Friday, less than a month after the capital and host of the Summer Olympics lifted a broader state of emergency. In a meeting with experts, Economy Minister Yasutoshi Nishimura proposed a month of targeted restrictions in Tokyo, like reduced business hours for bars and restaurants, along with 24 days of curbs for Kyoto and Okinawa, starting on April 12. That would take the period of restrictions through Japan s annual Golden Week holiday season from April 29 to May 5. ....

United States , United Kingdom , Krung Thep Mahanakhon , Yi Gang , South Korea , Scott Morrison , Yasutoshi Nishimura , Chung Sye Kyun , Jair Bolsonaro , International Monetary Fund , Us Centers For Disease , Astrazeneca Plc , Pfizer Inc , Public Health England , European Medicines Agency , Serum Institute , Governor Of The People Bank , Summer Olympics , Economy Minister Yasutoshi Nishimura , Public Health , Bharat Biotech , Haute Autorite De La Sante , Minister Chung Sye Kyun , Prime Minister Scott Morrison , President Jair Bolsonaro , Disease Control ,

REFILE-China repeats call to resist 'vaccine nationalism', pledges to keep monetary support


REFILE-China repeats call to resist vaccine nationalism , pledges to keep monetary support
04/08/2021 | 11:38pm EDT
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TOKYO, April 9 (Reuters) - China urged the international
community to resist vaccine nationalism and to coordinate
policy to make vaccines accessible for developing countries in
order to contain the pandemic and for the sake of the global
economy.
Yi Gang, Governor of the People s Bank of China, said in a
statement delivered to the International Monetary Fund s
steering committee on Thursday that the pick-up in global growth
was slow and uneven, and a fair distribution of vaccines was
key to achieving a sustainable recovery. ....

Yi Gang , Angela Merkel , Leika Kihara , Simon Cameron Moore , International Monetary Fund , Governor Of The People Bank , President Xi Jinping , German Chancellor Angela Merkel , இ கும்பல் , ஏஞ்சலா மர்கல் , சிமோன் கேமரூன் மூர் , சர்வதேச பண நிதி , கவர்னர் ஆஃப் தி மக்கள் வங்கி , ஜெர்மன் அதிபர் ஏஞ்சலா மர்கல் ,