People’s Bank of China lowered its one-year loan prime rate to 3.1% and trimmed the five-year LPR to 3.6%, as anticipated by market watchers. This move, at the upper end of the 20-25 basis point range suggested by Governor Pan Gongsheng during a Beijing forum last Friday, impacts a broad spectrum of loans in China. […]
The post PBoC slashes loan prime rates, HSI unmoved appeared first on Action Forex.
Goldman Sachs just spotted a problem that’s hiding inside a remarkably good earnings figure. According to Seeking Alpha, S&P 500 companies apparently posted a blowout Q1 earnings figure, where growth neared 25%. However, Goldman Sachs Read more…
There’s a reason the world’s most patient investors love dividend stocks. Market movements heavily influence a stock’s capital-gains potential in a given year. But dividends are usually paid whether the broader market is up or Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal If sofas, loveseats, and armchairs are Read more…