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Good MornING Asia - 9 September 2019

Good MornING Asia - 9 September 2019

  • 9 September 2019

The People's Bank of China cuts banks' RRR by 0.5 percentage points in a bid to lower the interest costs of small firms and stave off defaults as intensified trade war with the US depresses growth outlook

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ASEAN Morning Bytes
Asia Morning Bites

ASEAN Morning Bytes

General market tone: Wait and watch. Softening economic data is likely to weigh on investors' sentiment as they look to central bank stimulus efforts…

China central bank to lower interest rate via RRR cut
Quick take
FX China

China central bank to lower interest rate via RRR cut

The People's Bank of China announced RRR cuts of 0.5 percentage points. This policy action aims to lower the interest costs of small firms and stave…

Hong Kong hit with a downgrade
Quick take
China

Hong Kong hit with a downgrade

Fitch has downgraded Hong Kong to AA from AA+ with a negative outlook. Though we agree that the governance has deteriorated recently, we believe the…

RRR Monetary Policy Hong Kong Fiscal policy Emerging markets China ASEAN

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