Financial news activity from China and US corporate news
• China's central bank kept its key interest rates unchanged on Monday. This indicates the likelihood of the base lending rate being maintained later this month.Chinese banks issued less-than-expected loans in May, signaling continued weakness in credit demand amid a protracted downturn in the real estate market.Economists expect Beijing to ease its monetary policy in the second half of the year to better support the economy, using tools such as lowering interest rates and reducing the amount of deposits banks must place with the central bank.
- A large block of macroeconomic statistics...