People's Bank Of China

It's safe to say that Chinese markets are in the midst of a crisis. And that's probably the only thing safe about the country's economy right now, which some are comparing to the United States circa 1929. The Shanghai Composite Index has plummeted 28 percent since mid-June, after 150 percent...

On Wednesday, January 28, the U.S. Federal Reserve wrapped up its monthly meeting without making any changes to the nation’s monetary policy. The bank released a statement saying that it would be “patient” in regard to tightening, suggesting that the bank would make a decision...

This piece contains the opinions of Senior Analyst and Commentator at CNBC Ron Insana that do not reflect the opinions of Benzinga.com. While European Central Bank (ECB), continues to "study" how it plans to tackle deflation on the Continent, it seems the only truly responsible...

Monday is the final day for world powers and Iran to come to an agreement on Tehran’s nuclear capabilities. The two sides have been working to find a solution to a decade-old dispute about the Middle Eastern nation’s uranium enrichment programs and set a November 24 deadline to reach...

It appears that the dance with QE will continue on Monday. For anyone invested in stocks, this has been a beautiful dance to watch for several years now. It's a bit of a two-step, and here's how it works. First, the markets fret over what appears to be economic weakness. This causes...

This year has been a difficult one for the NFL as several players have been caught up in legal trouble due to domestic abuse accusations. Many are upset with the organization’s handling of the issues and recently began to call for a boycott of the league’s sponsors. Anheuser Busch...

On Wednesday morning, the People’s Bank of China announced that it was planning to keep monetary policy steady throughout 2014, despite conflicting reports from the nation’s finance ministry. The ministry reported that, total fiscal spending in May increased to 1.3 trillion yuan,...

U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...

The world’s second largest economy grew at its slowest pace in 18 months during the first quarter, but came in above expectations. China’s economy grew 7.4 percent from January to March, slightly below Chinese policymakers’ target of 7.5 percent.  The data, although not overly positive, could...

Over the weekend, Russian President Vladimir Putin expressed his support for the Ukraine’s Crimean peninsula’s move to separate from Ukraine and join Russia. His comments increased the pressure on Western diplomats to loosen Russia’s grip on the region and make good on threats to economically...

The People's Bank of China worked to reduce rates by injecting large amounts of cash into markets on Monday and Tuesday. The bank surprised investors on Monday with an unexpected shot of yuans and followed up Tuesday with the addition of 255 billion yuan, the largest amount of money the bank...

Apple’s highly anticipated deal with China Mobile helped both the Dow and the S&P 500 climb to all time highs on Monday. The Dow Jones industrial average climbed 0.45 percent while the S&P 500 finished 0.53 percent higher as the technology sector soared. Apple’s deal with the world’s...

Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...

The Chinese yuan, also known as the Renminbi, rose to a record high against the U.S. dollar on Monday. The move came after news that China's exports beat market expectations, inspiring the People's Bank of China (PBOC) to set the yuan at a fresh record high level. Yuan Daily Midpoint On...

With the October 17 deadline only days away, investors looked to the yen for a safety net. Asian stocks fell and US share index futures dropped on Monday morning following failed budget negotiations over the weekend. Democrats and Republicans in Washington have reopened discussions about the...