Connect with us

Fashion

China keeps key lending rates steady in Dec amid policy continuity

Published

on

China keeps key lending rates steady in Dec amid policy continuity



China’s benchmark lending rates remained steady in December, signalling policy continuity as authorities balance growth support with financial stability. The one-year loan prime rate (LPR) was unchanged at 3 per cent, while the over-five-year LPR stayed at 3.5 per cent, according to the National Interbank Funding Center.

The LPR framework reflects financing costs for businesses and serves as a key transmission channel for monetary policy. Although benchmark rates have remained unchanged since June 2025, borrowing costs in the real economy have continued to ease, as per Chinese media reports.

China’s benchmark lending rates stayed unchanged in December, with the one-year LPR at 3 per cent and the over-five-year rate at 3.5 per cent, signalling policy continuity.
Despite stable benchmarks since June 2025, financing costs eased, with new corporate loan rates averaging 3.1 per cent in November.
Authorities plan a more proactive fiscal stance and moderately loose monetary policy in 2026.

In November, the weighted average interest rate for newly issued corporate loans fell to 3.1 per cent, around 30 basis points lower than a year earlier.

China plans to adopt a more proactive fiscal stance together with a moderately loose monetary policy in 2026, as outlined at the Central Economic Work Conference held earlier this month.

Fibre2Fashion News Desk (SG)



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

Higher energy costs to slow India FY27 growth to 6.5%: ICRA

Published

on

Higher energy costs to slow India FY27 growth to 6.5%: ICRA



India’s gross domestic product (GDP) growth is expected to moderate to 6.5 per cent in fiscal 2026-27 (FY27) from the projected 7.5 per cent in FY26 owing to the adverse impact of elevated energy prices and concerns around energy availability, according to ICRA Ratings.

While trends in high frequency indicators for January-February 2026 appear favourable, the heightened uncertainty around the duration of the Middle East conflict casts a shadow on the near-term macroeconomic outlook for India amid high import dependency for items like crude oil, natural gas and fertilisers, it noted.

India’s FY27 GDP growth is likely to slow to 6.5 per cent from the projected 7.5 per cent in FY26 owing to the impact of higher energy prices and concerns around energy availability, ICRA Ratings said.
The heightened uncertainty around the duration of the Iran war casts a shadow on the near-term macroeconomic outlook for India.
If the conflict lasts longer, the adverse effects could widen across sectors.

If the conflict lasts for an extended period, the adverse implications of the same could widen across sectors, amid an uptick in input costs and the consequent impact on profitability of the India corporate sector.

Amid the projected uptrend in the consumer price index-based inflation in FY27 with risks tilted to the upside, ICRA Ratings expects an extended pause on the policy rates by the central bank’s monetary policy committee in the fiscal despite the anticipated softening in the GDP growth. However, it expects the Reserve Bank of India to continue to intervene on the liquidity front during FY27.

The available data for January–February FY2026 indicate a positive trend across most non-agricultural indicators, with the year-on-year performance of 12 out of 18 indicators improving compared to the third quarter of FY26, while the remaining six deteriorated.

Fibre2Fashion News Desk (DS)



Source link

Continue Reading

Fashion

Indonesia’s apparel exports at $8.7 bn; 56% shipments to US

Published

on

Indonesia’s apparel exports at .7 bn; 56% shipments to US




Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.



Source link

Continue Reading

Fashion

Methanol jumps nearly 150% as oil surge disrupts markets

Published

on

Methanol jumps nearly 150% as oil surge disrupts markets




Methanol prices in India have surged nearly 150 per cent from pre-Iran–US tension levels, tracking a sharp rise in crude oil and tightening global energy markets.
Hormuz disruption risks, limited rerouting capacity, rising freight and insurance costs, and constrained imports are fuelling volatility, with prices seen approaching ₹90 per kg.



Source link

Continue Reading

Trending