Stocks near flat, yuan dips as China stimulus lift fades
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month low against the euro as traders bet the Federal Reserve will make another large interest rate cut at its November meeting.
Stocks mixed as markets take a breather after China’s economic stimulus announcement
The rally sparked by announcement from China's central bank of a wide-ranging stimulus package faded as investors began to doubt that the measures would be sufficient to revive the world's second-largest economy.
China Unveils Huge Stimulus for Ailing Economy
In what amounts to a massive adrenaline shot for the world’s second biggest economy, China’s central bank unveiled a series of economic stimulus measures on Tuesday. China’s economy has been dogged by a property market crisis,
Transcript: China unleashes stimulus blitz
Sonja Hutson Good morning. From the Financial Times. Today is Wednesday, September 25th, and this is your FT News Briefing. The US Department of Justice accused Visa of foul play. And Beijing is trying to jolt its economy back to life with a big round of stimulus. Plus, Sri Lanka’s new president buckles down for a rough road ahead.
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.
Global stocks mixed after fresh China stimulus
Stock markets diverged and oil prices fell on Wednesday as China's latest measure to bolster its economy, the world's second-largest, failed to spark another global rally.
Stocks struggle as China stimulus boost fades
By Tom Wilson LONDON (Reuters) -Stocks globally struggled on Wednesday to maintain momentum fuelled by China's monetary stimulus measures, with crude oil retreating and the dollar under pressure. European stocks eked out slim gains after opening in the red,
Treasury yields rise as China stimulus lifts global growth hopes
U.S. bond yields rose early Tuesday after the People’s Bank of China revealed an extensive stimulus package designed to revive the world’s second biggest economy.
China unleashes stimulus blitz to lift growth
China has unleashed a swath of stimulus measures including cuts to its benchmark interest rate as Beijing battles a slowdown in the world’s second-largest economy. In a rare public briefing on Tuesday,
Stocks slip as China buoyed by stimulus rally
By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) -Stocks globally slipped on Wednesday, with a continued stimulus-fueled rally in China the one bright spot, while the dollar came under pressure and crude oil retreated from a multi-week high.
China unveils fresh stimulus to boost ailing economy
China unveiled some of its boldest measures in years on Tuesday aimed at boosting its struggling economy as leaders grapple with a prolonged property sector debt crisis, continued deflationary pressur
Yen loses ground after China's stimulus boost
The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China's ...
Europe Stocks Snap Two-Day Gain as Traders Weigh China Stimulus
European stocks snapped a two-day gaining streak as investors weighed the sustainability of China’s rally on its stimulus ...
Beijing Pushes on a Stimulus String
China needs more private enterprise, not more cheap credit.
China's central bank unveils most aggressive stimulus since pandemic
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the ...
Chinese central bank unveils economic stimulus package
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash ...
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Oil prices steady as China boost fades; US inventories seen shrinking
Investing.com-- Oil prices fell slightly in Asian trade on Wednesday, cooling after optimism over more stimulus measures in ...
TSX futures fall as China stimulus-led optimism fades
Futures tied to Canada's resource-heavy main stock index edged down on Wednesday tracking lower oil prices as analysts ...