AL WATHBA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited poet Saif …
Read More »China rushes nearly $156bn into banks in just two weeks
Bloomberg China is pushing almost a trillion yuan ($156 billion) of funds into the banking system in just two weeks, reinforcing a signal that it will use short-term liquidity to sustain growth rather than ease monetary policy. In a pattern seen also in September, the People’s Bank of China (PBOC) has been injecting huge amounts of cash through open-market operations …
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