China Everbright Bank lowers rates amid weak economy

Note: This section contains information in English only.
Source: Bloomberg
China Everbright Bank Co Ltd decreased the deposit rates from the highest permitted level, as the People's Bank of China keeps injecting liquidity against the background of gloomy growth prospects. The deposit rate was cut to 3.16% compared to the previous level of 3.3%. Following the decision the stock price of Everbright Bank slipped 1.2% to trade at 4.07 yuan per share.
Back to articles

Actual Topics

Wed, 11 Feb 2015 20:11:04 GMT

Asian stocks depreciate as earnings concerns negate Greek deal risk-on sentiment

Asian stocks declined on low trading volume, since concerns regarding corporate income erased optimism that Greece might reach a compromise with its creditors. CSL Ltd. slumped 7.8%, Suncorp Group Ltd. tumbled 2.9%, Taiwan Semiconductor Manufacturing Co. fell 3.9% and the MSCI Asia Pacific Excluding Japan Index surged 0.3% to 476.74 at 4:04 p.m. in Hong Kong.

Wed, 11 Feb 2015 15:24:58 GMT

OPEC producers lower oil prices for Asia in market share battle

Kuwait, Iran and Iraq supported Saudi Arabia in cutting oil prices for March sales to Asia, reinforcing a view that the battle for the share of OPEC's biggest market is increasing. Iraq's Basrah Light will sell crude at $4.10 a barrel below Middle East benchmarks, National Iranian Oil Co. stated a discount will be $2.10 a barrel and Kuwait Petroleum

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.