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FINANCE
China Shocks With Rate Cut as Data Show ‘Alarming’ Slowdown
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet Near War’s OnsetHow the US …
China’s fixed-asset investment expands 5.7 pct in first seven months
China’s fixed-asset investment went up 5.7 percent year on year in the first seven months of this year, data from the National Bureau of Statistics (NBS) showed Monday. Fixed-asset investment from …
China Rate Cut Seen Kicking Off Bull Run in Sovereign Bonds
China’s surprise interest-rate cut is heralding a fresh round of gains for the nation’s sovereign bonds. The benchmark 10-year China bond yield slid as much as six basis points to 2.67%, the lowest …
Stock Rally Cools on Gloomy China Economic Outlook: Markets Wrap
A stock rally cooled in Asia on Monday and the dollar rose as investors absorbed disappointing data prints and a surprise interest-rate cut from China, whose economic woes are hampering the global …
Gold Drops With Fed Rate Path and China’s Slowdown in Focus
Gold dropped — following four straight weeks of gains — as investors assessed the outlook for the Federal Reserve’s tightening path and on more signs China is struggling to recover.Most Read from Bl …
China lowers its key policy rate for the first time since January as key indicators of economic growth weaken
China: China has lowered a key policy interest rate by 10 basis points, the first reduction since mid-January, as economic pressure fro..|News Track …
China Stocks With US Listings Drop as NYSE Exit Gathers Pace
China’s state-owned enterprises that plan to delist from US stock exchanges slid on Monday, as investors expected more firms to follow suit amid an auditing spat between the two nations. Most Read fro …
Aussie, kiwi fall as China’s recovery falters; yuan eases on surprise PBOC rate cut
The greenback edged higher as traders continued to weigh data that has raised the possibility that U.S. inflation may be peaking against Federal Reserve policymakers’ hawkish comments. The onshore …
China unexpectedly cuts 2 key rates, withdraws cash from banking system
China’s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the …
China cuts interest rate to shore up sagging economy
China’s central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to …
China Stocks With US Listings in Focus as Delisting Gathers Pace
Chinese stocks with a dual listing will be in focus on Monday, following a string of announcements from some of the nation’s largest state-owned enterprise that they are taking steps to delist from US …
China’s Popular EV Companies Enter Crucial Earnings Season
A raft of earnings from China’s electric vehicle makers will be heavily scrutinized by investors seeking evidence on whether the sector’s stock price rally can be revived. Most Read from …