European equities clung to the coattails of surging Asian stocks on Thursday, driven by news of aggressive economic stimulus from China and a fall in oil prices on a report Saudi Arabia is preparing to…
Monthly Archives For September 2024
China’s central bank tries to save the economy
With luck, China’s government will take the hint. For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only newsletter.
China redoubles first-aid for its economy with support for banks and workers
China is redoubling its first-aid for the economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the 75th anniversary of the founding of the People’s …
In the News: Bayer Leads Way on Beijing FTZ Data Transfer; Recent Chinese IPO Filings; and China Simplifies Environmental Approval Procedures
Bayer successfully files for the first cross-border data transfer in Beijing Free Trade Zone; Yuanbao plans to list on Nasdaq after some Chinese IPO successes, but setbacks also exist; and China’s env …
China’s upstart planemaker is taking advantage of production woes at Boeing and Airbus as it seeks to break into the Western market
Comac could deliver a C919 within a year as Boeing and Airbus deal with supply-chain problems, Paulo Almada of Total Linhas Aereas told Reuters.
ASX Market Close: Index rises on China stimulus news | September 26, 2024
The ASX200 closed up nearly 0.95% at 8,203 points, amid China’s stimulus news and as iron ore rose to US$98.75 per tonne. The big miners all tracked the rise and chalked up gains. Crude oil…
China Reveals Massive Stimulus Package, Increased Liquidity Could Boost Crypto Prices
The People’s Bank of China just announced a massive stimulus package that is reverberating through global markets.
Exclusive-China to Issue $284 Billion of Sovereign Debt This Year to Help Revive Economy, Sources Say
(Reuters) – China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, adding to…
China’s Xi and top leaders call for halting real estate decline, responding to public concerns
While the meeting readout did not provide many details, it is significant for a country where policy directives are determined at the very top.
Morning Bid: Micron adds fresh tech fizz, China surges anew
A look at the day ahead in U.S. and global markets from Mike Dolan With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat from Micron Technology, while China’s…
CHINA MOBILE CEO: Firm to Comprehensively Promote AI+ Action, BASIC6, 2 New Types of Upgrades of ‘3 Plans’
He Biao, Chief Executive Officer of CHINA MOBILE (00941.HK) (600941.SH), recently said at the opening ceremony of the 32nd PT Expo China that CHINA MOBILE will be the forerunner and vanguard of the …
Stock Market Today: Stocks surge on China aid boost, Micron outlook
U.S. equity futures powered firmly higher in early Thursday trading, putting the S&P 500 on pace for another record high, as investors reacted to reports of new financial support for China’s flagging …
INEOS Grenadier launches in China
INEOS Automotive has launched its Grenadier SUV in China. The Grenadier’s arrival in China follows the introduction of INEOS Automotive in over 40 countries worldwide – including in Mexico last week.
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