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NEW YORK, Aug. 22 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell on Friday signaled the possibility of lowering a key interest rate soon, saying that the central bank will proceed cautiously as ...
VIENTIANE, Aug. 22 (Xinhua) -- The Lao central bank announced Friday to lower its 7-day basic interest rate from 9.5 percent to 9 percent, offering relief to businesses and households while ...
With a loan interest subsidy ratio of 1 percent, every 1 yuan (about 14 U.S. cents) of interest subsidy funds is likely to drive 100 yuan of loan funds to be used for residents' consumption or the ...
BEIJING, Aug. 12 (Xinhua) -- China's Ministry of Finance (MOF) said on Tuesday that eight categories of eligible service sector businesses will benefit from a new loan interest subsidy policy action ...