While the stimulus measures have raised expectations that Beijing will follow soon with a fiscal package to complement the ...
Iron ore futures in Asia are rallying for a second day Wednesday on speculation that China's stimulus package will help boost ...
The People’s Bank of China announced a slew of measures to give a boost to the country’s flailing economy. Among these steps ...
The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.
The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China's ...
E-coupons will offer anyone in Shanghai discounts on a wide range of purchases, from hotels and movies to restaurants and ...
China this week unveiled a bundle of new measures aimed at kickstarting its economy, which has been battered in recent years by unprecedented headwinds inc..
Mainland Chinese blue chips gained 1.5%, adding to a 4.3% jump in the prior session. Hong Kong's Hang Seng climbed 0.7%, adding to Tuesday's 4.1% surge. While market players welcomed the stimulus, ...