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China's central bank is cutting interest rates by 25 basis points as of today. One-year deposit rates are being slashed to 2.25 percent. The one-year lending rate is being set at 5.1-percent. It is the third rate cut by the central bank since Novembe
英语新闻
Asian markets opened higher on Monday after China cut interest rates for the third time in six months over the weekend to spur growth. 上周末，中国在半年内第三次降低利率。在它的刺激下，周一亚洲股市高开。 China's cent
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The benchmark Shanghai Composite rose above 5,000 today for the first time in more than seven years. After breaking through the 5,000 ceiling in the morning session, the benchmark index fell back but then firmed up in the afternoon. It closed the day
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Saudi Arabias new energy minister rallied Opec support for maintaining production on Thursday, as a near-doubling of crude prices since January eased tensions among oil exporters. 沙特阿拉伯新任能源部长周四呼吁石油输出国组织（O
英语新闻
WASHINGTON, Dec. 16 (Xinhua) -- U.S. Federal Reserve on Wednesday decided to raise benchmark interest rate by 25 basis points, the first interest rate increase since 2006,marking the end of an era of extraordinary easing monetary policy. Given the co
英语新闻
BEIJING, June 7 (Xinhua) -- China announced Thursday its first cut in benchmark interest rates in more than three years after slower-than-expected growth in the world's second-largest economy raised concerns of a hard landing. The People's Bank of Ch
英语新闻