BEIJING, Sept. 27 (Xinhua) -- China's central bank on Friday reduced the standing lending facility (SLF) interest rates by 20 basis points from the July levels. The overnight, seven-day and one-month ...
The Dow Jones closed higher by around 522 points to 42,025.19 on Thursday. The S&P 500 surged 1.70% to 5,713.64, while the Nasdaq Composite climbed 2.51% at 18,013.98 during Thursday's session.
The Federal Reserve has announced a benchmark interest rate cut by 50 basis points to a new range of 4.75%-5%. Daryl Guppy, former national board member of the Australia China Business Council and Aus ...