China unveils interest rate reform to steer funding costs lower for firms

On August 17, China’s central bank unveiled detailed measures on its long-awaited interest rate reform by establishing a reference rate for new loans issued by banks to help steer corporate borrowing costs.....»»

China will take multiple measures to lower funding costs for small and micro firms by 1 percentage point this year, Premier Li Keqiang said on Friday, as the government rolls out more steps to shore up the slowing economy......»»

The headlines leading up to passage of the new tax law were ominous.  Changes requiring private equity and venture capital funds to hold investments longer to get a lower capital gains rate on carried interest — coupled with new caps on interest d.....»»

Gold futures on Thursday remain buoyant, as some investors in the commodity foresee a lower-for-longer, interest-rate regime benefiting the yellow metal, even as anxieties around a novel strain of coronavirus in China has appeared to ebb......»»

China Launches Stealth Rate Cut By Switching Benchmark Lending Rate, Lowering Funding Cost.....»»

U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term......»»

U.S. stocks traded lower Thursday after renewed worries about a U.S. - China trade deal, more evidence of a slowdown in manufacturing, and mixed corporate earnings, despite an interest rate cut by the Federal Reserve Wednesday......»»

A third Fed rate cut since July would shave borrowing costs on credit cards, home equity lines and other.....»»

U.S. stock index futures rose about 1% on Monday as signs of an interest rate reform in China bolstered hopes that major economies would act to stave off the slowing economic effects of escalating global trade tensions......»»

Asian stocks rode a Wall Street rally on Monday and were also cheered by a decision from China's central bank to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies......»»

Asian stocks tracked the Wall Street rally on Monday and found an extra tailwind from a move by China's central bank to change the way a key interest rate benchmark is set, seen by analysts as reducing borrowing costs for companies......»»

The dollar strengthened while U.S. and European stocks surged on Friday amid growing expectations the European Central Bank will cut interest rates to stimulate the economy and after China said it plans to boost disposable income to spur consumption......»»

Mortgage rates dropped to nearly three-year lows on China trade fears and a Fed rate cut. That's helping homeowners and buy.....»»

The U.S. Federal Reserve's decision on Wednesday to lower interest rates may do little to cut some of the costs that matter to many consumers......»»

Wall Street lost ground Tuesday after a warning from President Donald Trump to China amid ongoing trade negotiations pressured technology shares, while investors looked to an expected Federal Reserve interest rate cut on Wednesday. Fred Katayama reports......»»

U.S. stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest rate cut at the end of the Federal Reserve's policy meeting......»»

U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That's the easy part......»»

The Federal Reserve’s FOMC is now less than a week away from cutting interest rates, at least that’s the current bet in the markets. Some Wall Street firms will do fine with lower rates.........»»

The Federal Reserve’s FOMC is now less than a week away from cutting interest rates, at least that’s the current bet in the markets. Some Wall Street firms will do fine with lower rates.........»»

The S&P 500 and the Dow Industrials edged lower on Tuesday, as investors worried over warnings of a hit to earnings from the U.S.-China trade dispute and reined in hopes of a steep interest rate cut this month......»»