The Works Ministry has no plans yet to allow an increase in toll rates for some eight highways which are eligible to do so next year.
China's central bank removed the deposit rate ceiling when it announced cuts to both interest rates and bank reserves on Friday, as it presses ahead with financial reforms amid a slowing economy.
China's central bank on Friday cut interest rates and lowered the reserve requirement ratio (RRR) to promote growth and interest rate liberalization.
The People's Bank of China (PBOC), the central bank, on Friday cut the reserve requirement ratio (RRR) of banks, and the benchmark interest rates.
Chief Executive of the Hong Kong Monetary Authority Norman Chan said Friday that low interest rates environment would not last forever although the U.S. Federal Reserve decided not to raise interest rates.
Tom Hayes, former trader in the City of London, has been found guilty at a London court of rigging the global Libor interest rates.
China's central bank on Sunday announced an interest rates cut starting May 11, the third time since November last year, to bolster the real economy.
Risks to financial stability are moderated and not elevated at this point although the equity market valuations appeared "quite high" and some investors may be taking risks in pursuing high yields, Federal Reserve chair Janet Yellen said on Wednesday.
The Reserve Bank of Australia (RBA) on Tuesday cut official interest rates by 25 basis points to a record Australian low of 2 percent.
The over-representation of Indigenous Australians in prisons around the country is a " catastrophe," said Aboriginal and Torres Straight Islander Social Justice Commissioner Mick Gooda in a report released on Friday.
The Bank of England (BoE) Wednesday cut its prediction for Britain's economic growth in 2015 from 3.1 percent to 2.9 percent and in 2016 from 2.8 percent to 2.6 percent.
The Australian dollar fell almost a quarter of a U.S. cent on Tuesday after the Reserve Bank of Australia (RBA) kept interest rates on hold for the 14th month in a row.
The Federal Reserve should wait until it has a lot of confidence that U.S. economic recovery can be sustained before raising interest rates, a senior U.S. Fed official said Wednesday.
Taiwan's monetary authorities will launch daily reference rates for yuan circulated on the island starting from Sept. 1, in a major step for the island's progress as an important offshore RMB center.
China's central bank is looking to negotiable certificates of deposit (NCDs) as calls for a fully liberalized interest rate grow.
As China prepares to liberalize interest rates, the experiences of the United States and other countries may offer some timely lessons.
A vice governor of China's central bank on Saturday promised "substantial" progress will be achieved in liberalization of deposit interest rates by next year.
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