US Fed announces historic rate increase, first since 2006

US Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans. The Fed coupled its first rate ...

December 17, 2015, Thursday

Cut in interest rates of SLF for local banks

CHINA’S central bank yesterday said it will cut the interest rates of standing lending facility (SLF), a liquidity support tool, for local financial institutions. The interest rates of overnight and seven-day ...

November 20, 2015, Friday

Central bank cuts interest rates

CHINA’S central bank yesterday announced a cut in benchmark interest rates by 25 basis points and the reserve requirement ratio by 50 basis points from today in a bid to counter the economic slowdown. ...

Anna Lu | October 24, 2015, Saturday

Russia trims interest rate to 15%

A chain is seen wrapped around a road sign, with the coat of arms of the Russian central bank seen on it, near the headquarters of the bank in central Moscow yesterday. Russia cut its key interest rate by two points to 15 percent yesterday, as the economy slides toward recession due to a collapse in global oil prices and Western sanctions over the Ukraine crisis. ...

January 31, 2015, Saturday

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