AFM Holding Limited Group, led by its Founder and Chairman Maqsood Mohommad, marked 2025 as …
Read More »China adds $14 billion cash as Evergrande’s pain roils markets
Bloomberg China injected more cash into its banking system in a sign authorities are seeking to avert a funding squeeze amid a seasonal rise in financing demand and the intensifying debt crisis at China Evergrande. The People’s Bank of China (PBOC) added 90 billion yuan ($14 billion) of funds on a net basis through seven-day and 14-day reverse repurchase agreements, …
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