China's central bank will take further steps to support the virus-hit economy, including releasing more liquidity and lowering funding costs for companies, a vice governor of the bank told state media.
On the first trading day of the decade, shares around the world surged after China’s central bank announced an 800 billion yuan (£87 billion) cash increase for the economy, and US President Donald Trump said phase one of a trade deal between Washington and Beijing would be signed on January 15.
Sri Lanka's central bank will likely leave its key interest rates on hold at a policy review on Friday, after a 50-basis-point cut in August, a Reuters poll showed, ahead of presidential elections and as lower bank rates go into effect.
The Reserve Bank of India (RBI) on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of mild inflation to expand its effort to boost an economy growing at its slowest pace in nearly five years.
The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and fund managers in ratcheting up pressure on boardrooms to go green.
Almost all Indian currency notes scrapped two years ago have been returned to the banking system, the country’s central bank said, raising questions about the point of the controversial attempt to tackle illegal money.