Investors will be looking at China’s factory activity on Thursday, as well as PMI readings across the region on Thursday.
Tagged By banking
Economic Watch: China halves stamp duty on stock trading to invigorate capital market
Besides the latest efforts in capital market, the central bank also unveiled measures to bolster the economic recovery. Since August, China has cut the interest rates of the medium-term lending …
China’s central bank conducts 332-bln-yuan reverse repos
BEIJING, Aug. 28 (Xinhua) — China’s central bank conducted 332 billion yuan (about 46.2 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to …
Markets rally on Powell comments, China boosted by duty cut
Shanghai and Hong Kong soared at the open following China’s decision to slash the tax paid on stock trades for the first time since 2008 as authorities battle to support the world’s second-largest economy. The…
China’s Debt Problm Could Trigger a Financial Crisis, Analyst Says
Charlene Chu, senior analyst at Autonomous Research, talks to Barron’s about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.
China Approves 37 Retail Funds to Help Revive Market
SHANGHAI (Reuters) – China’s securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling for lift-off in an ailing …
US-Sino tensions help spawn China card game craze
China’s bankers and business executives have become increasingly reliant on domestic capital in recent years as foreign funding has dried up, but a popular way to unlock that cash may very well …
China’s Strategic Financial Overhaul Targets Stock Market Revival
In a strategic move to reinvigorate its stock market, China has unveiled a series of financial measures, including a significant cut in the stamp duty on stock trades and a slowdown in the …
Morning Bid: Data, policy, diplomacy – China in focus again
Asian markets also will get their chance to react to last week’s Jackson Hole policymaker speeches.
Oil Ticks Higher After China Moves to Support Flagging Economy
SINGAPORE (Reuters) – Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the pace of growth …
Country Garden’s troubles are just the latest piece of bad news for China’s flailing economy
But the measures may be too little, too late. First, as my former colleague at the Financial Times, global China editor James Kynge, noted this weekend, “fragile consumer confidence is just one sign …
China Stocks Surge After New Measures to Boost Markets
Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most R …
Case builds for China’s banks to cut deposit rates
China’s banks will cut deposit rates soon as part of efforts to make mortgages more affordable and revive property demand, analysts reading China’s cryptic policy messages reckon. Beijing’s decision t …
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