CHINA TOPIX

11/22/2024 08:02:59 am

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College Students Vulnerable to Online Lenders' Illegal Interest Rates

Online lenders are taking advantage of college students by offering them loans with inappropriate interests, government-backed publication Global Times revealed.

European Central Bank (ECB) President Mario Draghi addresses an ECB news conference in Frankfurt January 22, 2015.

ECB QE Back In Limelight as Other Central Banks Adjust Rates

At the European Central Bank's (ECB) meeting in Cyprus on Thursday, investors expect the ECB to disclose more about the government bond repurchase program of 1 trillion euros ($1.1 trillion) which starts this month, as well as to unveil its decision on Greece's four month loan extension plan.

China Cuts Interest Rates To Stimulate Economy

China cut for the third time in four months the key lending rate on Saturday by one-quarter of a percentage point, the same rate cut on deposit rate.

Bank of China

China to Insure All Bank Deposits Up to 500,000 Yuan by January

The Bank of China plans to insure all bank deposits in the country for up to 500,000 yuan or $81,000 beginning January 2015.

yuan for the money

China to Wait For Q4 Data Before Cutting Rates Again

The People's Bank of China, which unexpectedly cut rates last week, says it will wait until economic data for the fourth quarter is released before deciding on whether to cut rates further.

Bank of China

China Lowers Interest Rates to Spur Growth, Reverse Slowdown

In a surprise move, China's central bank cut interest rates for the first time in two years.

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