People's Bank of China

Data released on September 27 showed industrial profits tumbling by almost 17%, year-on-year (y-o-y), and a survey of purchasing managers…

November 5, 2024 04:00 IST

manufacturing PMI, manufacturing activity, S&P Global, new orders, production, exports, cost pressure, output price, inflation

China industrial profits extend double-digit slide on weak demand

The year-to-date 16.8% fall followed an 18.8% profit decline in January-May, and reinforced a frail economic recovery that brought weaker-than-expected…

Updated: July 27, 2023 12:34 IST

China central bank to keep policy slightly loose: Paper

The People’s Bank of China will keep policy slightly loose to support the economy, which still faces downward pressure, the…

May 26, 2016 18:38 IST

China’s central bank pumps $3 billion into market

China’s central bank on Friday pumped 20 billion yuan ($3 billion) into the market to preserve liquidity.

May 20, 2016 12:13 IST

China offers banks USD 91 billion ahead of holiday

China’s central bank has pledged more than 600 billion yuan (USD 91 billion) in funding support for banks to provide…

January 20, 2016 19:56 IST

, central bank action, European Central Bank, People's Bank of China, ECB

Weak factory reports from Asia, Europe suggest more central bank action

The global economy ended 2014 in a fragile state as factories struggled to maintain growth across Europe and Asia…

January 2, 2015 17:08 IST

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Obama did not endorse Mamdani despite phone call ahead of NY polls

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Former US President Barack Obama has reportedly endorsed New York City mayoral candidate Zohran Mamdani, but officials have denied the claims, stating that Obama is sticking to his post-presidency rule of not publicly endorsing local candidates. The alleged endorsement has sparked controversy and speculation that Obama is trying to protect other Democrats from being associated with Mamdani.

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