China kept its one-year and five-year LPRs unchanged at 3.1 and 3.6% respectively. The move, which follows a 25-basis-points rate cut by the U.S. Federal Reserve earlier in the week, was expected, according to a Reuters poll of economists.

The Federal Reserve revealed its rhythm for 2025: just two rate cuts. In a recent interview, Mary Daly, president of the Federal Reserve Bank of San Francisco, said they are “very comfortable” with the decision.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.

China’s short-term bond yields slumped further to reach the psychological milestone of 1% for the first time since the global financial crisis, as traders ramped up bets on monetary easing.

President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?

The Trump White House is likely to ignite another round of inflation in new trade and tech wars. And that could drive U.S.-China ties to the edge.

Yield differentials between China and the U.S. hit their widest in 22 years this week, dragging the yuan to its weakest in over a year, despite a Federal Reserve interest rate cut

Senior officials last week endorsed their strongest pro-growth stance in a decade, indicating bigger government spending and more interest rate cuts

The People’s Bank of China set the so-called fixing at the strongest bias since July versus the average estimate in a Bloomberg survey on Thursday

China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further.

Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.

Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. Here's how the plan could work.