The People's Bank of China (PBOC) cut its 7-day reverse repo rate by 10bp from 1.8% to 1.7%. China's loan prime rates (LPR) also fell 10bp, which came as a surprise as the earlier medium-term lending ...

SHANGHAI/SINGAPORE, Feb 20 (Reuters) - China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader ...

NEW YORK--(BUSINESS WIRE)-- HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 7.75% to 7.50%, effective tomorrow, 12/19/2024.