China’s credit crunch deepens as PBoC ignores call to action

The fund will also be the first retail tokenised fund across Asia Pacific.

A stronger currency suits Beijing's global ambitions, but threatens exporters. Economists warn the PBOC's latest intervention reveals a delicate balancing act.

Outstanding mortgage rates for individual borrowers will be cut by 0.5%, potentially helping around 50 million households, while the reserve requirement ratio (RRR) for most banks will also be cut by 0.5%.

Updated listing parameters and technological innovation are two factors keeping liquidity channels open for aspiring developers, but will the impact from recent bank runs get in the way?

China and the US will start high level trade talks on May 9 in Switzerland.

Moody's is the first global credit rating agency to invest in a domestic player.