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China’s Central Bank Buys More Gold
China’s central bank overhaul
Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy filings hit their highest rate in 14 years, and the People’s Bank of China has announced a major policy overhaul as pressures on the economy mount.
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
Gold Futures Rise as China Central Bank Buys More Bullion
Gold futures rose as China boosted its reserves of the precious metal for the second consecutive month, while gold traders are likely in for a volatile week, with U.S. labor data due Tuesday, Wednesday and Friday.
Gold gains as China's central bank bought more bullion in December
Gold futures rose Tuesday to snap a two-session losing streak, gaining from a softer dollar after President-elect Trump rejected reports of a more moderate trade policy approach. Gold prices broadly shrugged off stronger than expected U.
5h
on MSN
China’s Central Bank Beefs Up Support As Yuan Nears 16-Month Low
China’s currency has had a rough start to 2025. It is nearing a 16-month low and many economists predict it has further to ...
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13h
China to increase finance support for green, low-carbon development: central bank official
BEIJING -- China's financial sector will promote the steady growth of green finance in support of green and low-carbon ...
6d
on MSN
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced on Friday that it would likely reduce interest rates from the current 1.5% "at an ...
15h
on MSN
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize ...
6d
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, ...
1d
on MSN
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
CoinDesk
2d
Bitcoin Price Rally Could Be Accelerated by China's Market Meltdown, Crypto Observer Says
On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ...
1d
China Development Bank releases $255 mln for Nigeria rail project
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states ...
legit on MSN
3h
China Development Bank Releases $255 Million Loan for Rail Project in Nigeria
There has been a big boost for the Kano-Kaduna railway project, as the China Development Bank has released some loan funds to ...
4h
China boasts capabilities to keep yuan basically stable at adaptive and balanced level
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
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