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The People's Bank of China conducted 10 billion yuan (.48 billion) of seven day reverse repos at an interest rate of 2.55 percent.

The Seattle Times reports that San Francisco-based developer?Stanford Hotels?filed early paperwork to build a 15-to-16 story hotel right smack dab in the heart of Amazon’s South Lake Union campus. The hotel would demolish and replace the Bio-Rad Systems’ lab building at 300 Terry Ave N.

The ROK views the Japanese moves as retaliation against its court ruling. In response to export curbs, Seoul decided in August to terminate the bilateral military pact, the General Security of Military Information Agreement, or GSOMIA, saying exchanging sensitive military information with an untrustworthy partner is not possible.

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The RCEP deal has created convenient conditions for accelerating negotiations on the China-Japan-ROK free trade agreement, said Gao Feng, a spokesman for the Ministry of Commerce.

The People's Bank of China, the central bank, said aggregate financing stood at 3.19 trillion yuan (1 billion) in May, up by 1.48 trillion yuan on a yearly basis. Aggregate financing is a measure of the funds that the real economy gets from the financial system.

The Santa Ana winds are strong, extremely dry down-slope winds that originate inland and affect coastal Southern California in fall and winter.

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The People's Bank of China, the central bank, cut the reserve requirement to zero in September 2017. The ratio was initially set in October 2015, as a tool to prevent large exchange rate fluctuations.

The QFII program is the earliest and most important arrangement for the opening up the country's capital market, the statement said.

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The RRR cut led to a "monetary expansionary effect", which resulted in the rising loans from commercial banks, said Yi Gang, governor of the central bank, at a forum last week. Yi said that after an executive meeting of the State Council, which mentioned the need to lower the RRR and use the relending scheme to maintain ample liquidity in the system.

The People's Bank of China (PBOC) pumped 60 billion yuan into the market through reverse repos, with 150 billion yuan of contracts maturing, leading to a net withdrawal of 90 billion yuan. [Photo/VCG]