China’s continued economic woes took center stage globally … as Wall Street analysts signal bullish optimism ahead of next week’s earnings. As Yahoo Finance’s Ines Ferré reports: “We expect a …
FINANCE
China’s economy under ‘significant amount of stress’: Analyst
China’s economic situation takes a turn after the country’s central bank slashes its lending rates and its real estate sector comes under pressure. Rhodium Group Associate Director Charlie Vest joins …
China slashes rates and suspends data on youth unemployment as troubles mount
Chinese officials have cut key interest rates and begun obscuring data as the world’s second-largest economy struggles and threatens to cause global turbulence.
China sends debt squads to tackle overleveraged regions
Beijing is making one of its biggest top-down … Working groups from the central bank, finance ministry and securities watchdog are involved in the debt resolution effort in those provinces …
Analysis: China trust deficit: crisis spurs shadow banking policy response calls
Concerns about the outsized exposure of China’s $3 trillion shadow banking sector, roughly the size of Britain’s economy, to property developers and the wider economy, have grown over the past year as …
Yuan falls to 9-month low after China rate cut, sterling rises after jobs data
Sterling rose on Tuesday after data showed British basic wages grew at a record pace, adding to the Bank of England’s inflation worries, while the yuan sank to a nine-month trough after China’s …
China’s $138 billion ‘shadow bank’ spirals at terrible time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with more than 1 trillion yuan ($138 billi …
China Mulls Cutting Stamp Duty to Revive Slumping Stock Market
Chinese authorities are considering cutting the stamp duty on stock trades for the first time since 2008, people familiar with the matter said, in what would be a major attempt to revive confidence in …
China central bank unexpectedly cuts rates to support sputtering economy
China’s central bank unexpectedly cut key policy rates for the second time in three months on Tuesday, in a fresh sign that the authorities are ramping up monetary easing efforts to boost a sputtering …
China’s Central Bank Cuts Two Key Policy Rates
China’s central bank cut two key policy rates, signaling that the country’s benchmark lending rates will fall later this month.
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption, comments that come as an economic recovery falters.
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state control of the technology with enough support that its companies can …
Marketmind: China Data Deluge as EM Turmoil Deepens
financial markets columnist. As waves of volatility crashed over emerging markets on Monday, most notably in Argentina and Russia, the focus on Tuesday once again returns to the root of much of the deeper anxiety…
