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SHANGHAI/SINGAPORE (Reuters) -China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participants believe that a weakening Chinese yuan has constrained the central bank’s efforts to aggressively lower interest rates even though the recovery of the world’s second-largest economy […]

SHANGHAI/SINGAPORE (Reuters) -China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participants believe that a weakening Chinese yuan has constrained the central bank’s efforts to aggressively lower interest rates even though the recovery of the world’s second-largest economy […]

SHANGHAI/SINGAPORE (Reuters) -China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participants believe that a weakening Chinese yuan has constrained the central bank’s efforts to aggressively lower interest rates even though the recovery of the world’s second-largest economy […]

SHANGHAI/SINGAPORE (Reuters) -China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participants believe that a weakening Chinese yuan has constrained the central bank’s efforts to aggressively lower interest rates as the recovery of the world’s second-largest economy remains […]

SHANGHAI/SINGAPORE (Reuters) -China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participants believe that a weakening Chinese yuan has constrained the central bank’s efforts to aggressively lower interest rates as the recovery of the world’s second-largest economy remains […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude inventories and record production in the world’s biggest producer, along with mounting worries about demand in Asia. Brent futures settled down $1.29, or 1.6%, at $81.18 a barrel. U.S. West Texas Intermediate crude (WTI) fell […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude inventories and record production in the world’s biggest producer, along with mounting worries about demand in Asia. Brent futures settled down $1.29, or 1.6%, at $81.18 a barrel. U.S. West Texas Intermediate crude (WTI) fell […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude inventories and record production in the world’s biggest producer, along with mounting worries about demand in Asia. Brent futures settled down $1.29, or 1.6%, at $81.18 a barrel. U.S. West Texas Intermediate crude (WTI) fell […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude inventories and record production in the world’s biggest producer, along with mounting worries about demand in Asia. Brent futures settled down $1.29, or 1.6%, at $81.18 a barrel. U.S. West Texas Intermediate crude (WTI) fell […]

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude inventories and record production in the world’s biggest producer, along with mounting worries about demand in Asia. Brent futures settled down $1.29, or 1.6%, at $81.18 a barrel. U.S. West Texas Intermediate crude (WTI) fell […]