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Showing posts with the label Asian Markets Latest News at the Time; 20th June

Asian Markets Latest News at the Time; 20th June, 2013.

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Asia China money-market rates fall from highs: report HONG KONG (MarketWatch) -- China's benchmark money-market rates tumbled Friday after the People's Bank of China made funds available to lenders to ease a credit squeeze, Bloomberg News reported. The one-day repurchase rate fell 3.84 percentage points to 7.90%, while the seven-day rate dropped 3.51 percentage points to 8.11%, the report said, citing data from the National Interbank Funding Center. Bloomberg had earlier in the day reported that the PBOC had injected 50 billion yuan ($8.17 billion) through short-term liquidity operations after some short-term interest rates hit record highs on Thursday.      Hong Kong, Shanghai stocks slide; banks lower HONG KONG (MarketWatch) -- Hong Kong and mainland Chinese stocks tumbled Friday, extending losses from the previous day's selloff, after worries that the Fed