China cuts reserve requirement to boost lending to small firms

China's central bank cut the amount of cash that some banks must hold as reserves for the first time since February 2016 in a bid to encourage more
See Original Article

The reserve requirement rate will be cut a further 50 basis points -or 0.5% – for banks whose loans to the targeted groups account for 1.5% of their
See Original Article

Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or
See Original Article

The U.K. is worried about “protectionism” and how it always “ends badly” and about being caught in the “crossfire of a much larger dispute.” The spat is
See Original Article

FBNBank Ghana is in a good position to meet the minimum capital requirement of GHC 400 million set by the Bank of Ghana, Dr Adesola Adeduntan,
See Original Article

Spanish Prime Minister Mariano Rajoy risked a backlash in the court of international public opinion as images of riot police beating up voters in
See Original Article

The devastation in Puerto Rico and the U.S. Virgin Islands, the Trump administration's slow response to it, and the president's outrageous and divisive
See Original Article

U.K. Conservative lawmaker Jacob Rees-Mogg said Britain should refuse to set up border posts between Northern Ireland and the Republic of Ireland
See Original Article

I'm following Bloomberg News style, which dictates that a few well-known cities can be named without their states. Yes, there are two big auto plants
See Original Article

Branchburg, N.J. (AP) — President Donald Trump on Sunday scoffed at “politically motivated ingrates” who had questioned his administration's
See Original Article

Now Mitsuhiro Shima, who took over his dad's knitting-machine firm three months ago, is setting his sights on — of all places — the car industry.
See Original Article

In a vast square in Benghazi, a group of men is gathering signatures for a petition calling on their military hero to move beyond his eastern fiefdom and
See Original Article

Thousands of protesters rallied in towns across western Cameroon on Sunday as residents of mainly English-speaking regions demanded
See Original Article

… so they can clear the threshold for lower reserve requirements, ” Bloomberg Intelligence economists Tom Orlik and Fielding Chen wrote in a report.
See Original Article

Samuel “Si” Newhouse Jr., the publishing billionaire who oversaw some of America's best-known magazines, including Vogue, the New Yorker, GQ
See Original Article

Canadian Prime Minister Justin Trudeau condemned the stabbing of a police officer in Edmonton and resulting high-speed chase that injured four
See Original Article

Republican Senator Bob Corker said he stands by his comments that Donald Trump hasn't shown the stability or competency to succeed as president,
See Original Article

Sales of existing homes in Wisconsin rose slightly in August from the same month a year ago, capping off what real estate professionals say was a
See Original Article

Mumamba Numba is staying calm despite the defending champions suffering their second straight defeat and relinquishing the lead. Green Buffaloes
See Original Article

The U.S. Justice Department has opened a criminal investigation into whether top officials at Equifax Inc. violated insider trading laws when they sold
See Original Article