The US Federal Reserve kept interest rates unchanged on Thursday in a bow to worries about the global economy, financial market volatility and sluggish inflation at home, but left open the possibility of a modest policy tightening later this year.
Sep 18, 2015
China is to modernize its state-owned enterprises, promote mixed ownership and enhance the management of state assets, according to a guideline on reform released by the Party’s Central Committee and the State Council yesterday.
Sep 14, 2015
China's statistics authority on Monday lowered the country's growth rate for 2014 to 7.3 percent based on its preliminary verification.
Sep 07, 2015
Chinese authorities have held several people, including a journalist, an official of China's securities watchdog and four senior executives of China's major securities dealer for stock market violations.
Aug 31, 2015
China's central bank announced that it would lower the benchmark deposit and lending rates by 25 basis points beginning on Wednesday, hoping to further ease companies' debt burdens and curb expanding downward risks.
Aug 26, 2015
A near-9 percent dive in China shares sent world stocks and commodity prices tumbling on Monday, and US stocks ended a volatile day with the S&P 500 and Nasdaq composite indexes sliding into correction territory.
Aug 25, 2015
China will allow its huge state pension fund to invest in domestic stocks in an attempt to boost returns as China struggles to care for its increasing elderly population.
Aug 24, 2015
Google, coming to grips with its gargantuan size and the disparate nature of its many businesses, is forming a parent company called Alphabet in a move to streamline its corporate structure.
Aug 17, 2015
There is no reason for the yuan to fall further given the country’s strong economic fundamentals, China’s central bank said yesterday, reassuring the market after the currency’s devaluation earlier in the week.
Aug 14, 2015
Offshor yuan market activity in June fell by its biggest margin in more than four years due to a slump in trade deals and a flat exchange rate, Standard Chartered Bank said yesterday.
Aug 08, 2015
© 2015 The National Center for Financial Research at Peking University
