Market participants and analysts believe the move paves the way for a new interest rate corridor, with the seven-day reverse repo rate serving as a central guide

PBOC says it has signed deals with major financial institutions to borrow medium- and long-term bonds and will sell them depending on market conditions in a bid to cool a major rally

The bond bull run mirrors investor pessimism over an economy grappling with a real estate crisis, local government debt woes and heightened geopolitical risks

A rate hike may be on the table at the BoJ's next meeting at the end of July, when the bank will unveil its plan on how it will trim its huge bond buying

The Shenzhen-based developer has been working to restructure its offshore debt since defaulting on $12 billion in offshore debt payments in late 2021

PBOC head signals it may begin trading soon after noting that China must address the kind of risks that led to the collapse of the Silicon Valley Bank in the US

A Hong Kong law firm is working with court-appointed liquidators to see if they can recoup creditor losses from its auditor PwC or other firms that provided services to the developer

Chinese blue chips fell 1.2%, having been shut on Monday, while the Hang Seng Index was down 1.04% and the yuan hit a seven-month low.

China has suffered a big slowdown in home building, but analysts say the economy will be weighed down for years by huge debts because a major bailout is unlikely

After five months of inflows, foreign investment in emerging markets fell in April, according to the Institute of International Finance

PBOC's ambition to return to treasury bond buying and selling has been undermined by market distortions and may end up being a mid-term goal, analysts say

G7 officials have been discussing how to exploit $300 billion worth of Russian assets which were frozen after Moscow invaded Ukraine, plus ways to manage waves of cheap Chinese exports