| China cuts key interest rate in the latest move to boost its ailing property sector
February 20, 2024--China's central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market.
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| The 5-year rate was lowered by 0.25 basis points to 3.95% while the 1-year rate remains at 3.45%. It was the first time the 5-year rate was cut since May, and analysts said it was the largest cut on record for that rate. |
| China economic database update November 17, 2025-The monthly update of the China Economic Database highlights a consistent trend of decreasing fixed asset investment in China, including in the real estate sector which shows no signs of bottoming out. This update incorporates data published today by China's National Bureau of Statistic. |
| Samsung Active Asset Management Launches KoAct US Biohealthcare Active ETF, Benchmarking the Solactive US Biohealthcare Index November 11, 2025-Solactive is pleased to announce its collaboration with Samsung Active Asset Management on the launch of the KoAct US Biohealthcare Active ETF,which uses the Solactive US Biohealthcare Index as a benchmark. The product aims to provide investors with targeted exposure to US-listed biotechnology and biopharmaceutical companies,reflecting the momentum of groundbreaking healthcare innovation. |