China stimulus effects flow through for a second day in otherwise quiet day in Asia
- Commodity currencies continued to outperform with the Aussie hitting the 69c handle for the first time since Feb 2023 while the Kiwi hit a nine-month high. The Aussie subsequently saw a little softness post-CPI.
ADB Maintains Growth Forecast for Developing Asia, Says More Stimulus Expected in China
MANILA (Reuters) - Developing Asia is on track to grow 5% this year, supported by strong consumption and high demand for tech exports, the Asian Development Bank (ADB) forecast on Wednesday, and said China was expected to roll out more economic support measures.
5hon MSN
Asia-Pacific markets trade higher on Wednesday on the back of Chinese stimulus measures. Investors digest PBOC's MLF rate cut ...
The S&P 500 added 0.3% on Tuesday, Sept. 24, as a report showed a slump in consumer confidence and China unveiled an economic ...
China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the ...
By Liangping Gao, Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) - China's central bank has shifted to a more ...
DBS Group Chief Executive Piyush Gupta said on Wednesday it is in the process of increasing ownership in its China securities ...
6hon MSN
Asia-Pacific markets trade higher on Wednesday on the back of Chinese stimulus measures. Investors digest PBOC's MLF rate cut ...
Asian stocks were muted on Wednesday, even as Chinese and Hong Kong markets posted strong gains to extend the previous session's ...
Chinese equities rallied for a second day after the country’s central bank announced a stimulus package on Tuesday that included rate cuts and measures to support real estate and equity markets. Hong ...
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