Page 2 - People’s Bank Of China
Hong Kong ex-lawmaker Ted Hui says his bank accounts have been frozen
Five accounts belonging to Hui, his wife and parents have been inaccessible since Saturday, he said in an interview with the newspaper
 "Hong Kong ex-lawmaker Ted Hui says his bank accounts have been frozen")
China injects $101 billion to ease liquidity, holds interest rate
The People's Bank of China (PBoC) added 700 billion yuan ($101 billion) of one-year funding via the medium-term lending facility
 "China injects $101 billion to ease liquidity, holds interest rate")
China pledges policy support in H2 amid 'complex' economic situation
"Many problems facing China are expected to exist for the medium- to long-term. (We) must have the mindset to fight a long-term battle," it added
 "China pledges policy support in H2 amid 'complex' economic situation")
AIIB, central bank among 16 China-based entities registered as FPI in India
While AIIB is a multilateral development bank, which has got India as a member too, PBoC is China's central bank
 "AIIB, central bank among 16 China-based entities registered as FPI in India")
China's digital money
The launch could help internationalise the yuan
 "China's digital money")
The Reliance game plan
The Facebook investment is a high-stakes gambit with dual possibilities
China's central bank conducting tests of digital yuan payment in 4 cities
The DC/EP system remains in a period of research and development, and that the pilots do not mean the PBOC has officially issued digital yuan
 "China's central bank conducting tests of digital yuan payment in 4 cities")
DPIIT, Finance Ministry locked horns before tweak in FDI guidelines
Since the FDI notification was meant to restrict, than expand, the ambit of foreign investment, it was initially opposed by the finance ministry
 "DPIIT, Finance Ministry locked horns before tweak in FDI guidelines")
India blocks automatic FDI route for neighbours to curb hostile takeovers
Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.
 "India blocks automatic FDI route for neighbours to curb hostile takeovers")
Chinese investment into Indian markets amid meltdown draws Sebi's attention
The issue surfaced after the shareholding pattern disclosed by HDFC showed the People's Bank of China had hiked its stake in the mortgage lender during the March quarter
 "Chinese investment into Indian markets amid meltdown draws Sebi's attention")
Market Ahead, April 13: Top factors that could guide markets this week
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
 "Market Ahead, April 13: Top factors that could guide markets this week")
China central bank hikes stake in HDFC amid a sharp correction in shares
Sources say PBoC may have increased its stake by 0.2 percentage points in March
 "China central bank hikes stake in HDFC amid a sharp correction in shares")
People's Bank of China picks up 1% stake in lending major HDFC
The People's Bank of China holds stakes in companies across the world, including BP Plc and Royal Dutch Shell Plc.
 "People's Bank of China picks up 1% stake in lending major HDFC")
Covid-19 rate cuts to tug most Asian bond yields even lower: Reuters poll
Stock markets have also plummeted amid fears the global lockdown to contain the virus has tipped the world economy into a recession from which it will take year to recover.
 "Covid-19 rate cuts to tug most Asian bond yields even lower: Reuters poll")
Top events today: Supreme Court to reopen, NATO emergency meeting, and more
Business Standard brings you top events that are lined up for Monday
 "Top events today: Supreme Court to reopen, NATO emergency meeting, and more")
China scraps benchmark lending rate to liberalise financial system
The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans
China holds off its biggest policy gun even as global currency war looms
Beijing is sticking to a cautious monetary strategy even after President Donald Trump's accusations of Beijing's currency manipulation adding sensitivity to any stimulus measures
 "China holds off its biggest policy gun even as global currency war looms")
US Fed cut may prompt China to lower its policy rate in 4 years: Report
While Chinese officials continue to downplay the likelihood of more aggressive easing, the economy has been slow to respond to a host of earlier stimulus measures
 "US Fed cut may prompt China to lower its policy rate in 4 years: Report")
PBOC to play bigger role in managing financial risks: Xi Jinping
Chinese president commented at a once-in-five-years govt work conference that ended on Saturday
 "PBOC to play bigger role in managing financial risks: Xi Jinping")
PBOC eyes expansion on regulation revamp
As China's leaders consider ways to improve market oversight and avoid the kind of boom and bust in equities that shook investors around the world last year, the nation's central bank is already extending its oversight to areas beyond its traditional focus.The People's Bank of China this month expanded its powers to cap cross-border capital flows by adding controls for banks and companies to its new Macro Prudential Assessment system. The risk-monitoring system announced in December was expanded just one month later to include bonds, equities and off-balance sheet assets held by commercial banks, giving the central bank authority that was once the turf of the banking regulator.The PBOC is also spreading its tentacles regionally, saying last month it plans to re-establish a provincial-based bureau structure that was abolished in 1990s so it can better gauge conditions on the ground. The goal: to consolidate risk monitoring so problems in banks or markets are spotted before they blow up
