China banks cut key rate by record to boost ailing economy 2022-05-19 May 20, 2022 10:33 AM The move will reduce mortgage costs and may boost weak loan demand amid a property slump and Covid-19 lockdowns. Source : https://www.straitstimes.com/business/economy/china-banks-cut-key-rate-by-record-to-boost-ailing-economy Share FacebookTwitterPinterestWhatsApp Previous article13 deaths due to rabies in Sarawak so far this yearNext articleChildcare centres with more than four HFMD cases will be closed, says Melaka Health director Latest Articles UOB to pay shareholders 88-cent interim dividend as Q2 profit rises 10% to $1.48 billion 2026-08-06 Chinese AI boom sends Hong Kong data centre prices soaring 2026-08-06 OCBC shareholders to receive 47-cent interim dividend as Q2 profit jumps 22% to $2.22 billion 2026-08-06 Deutsche Bank and KBC freeze some of Radiant World’s Singapore bank accounts, sources say 2026-08-06 Dow, S&P slip as investors eye Middle East talks, earnings 2026-08-06 Why demand for older HDB flats is still very high 2026-08-06