Asian equities were largely higher despite a stronger US dollar overnight, except for Hong Kong, which was off while Japan was closed for National Sports Day, which aims to foster healthy minds and bodies through…
Tagged By finance
Goldman Sachs raises China growth outlook on optimism over Beijing’s fresh push to revive struggling economy
That’s just shy of Beijing’s goal of 5% economic growth … They said their upgrade was largely based on promises of greater public spending from the Ministry of Finance at a highly-anticipated press …
TD Bank: Part 1-Money Laundering and the China Syndrome
Last week, representatives of the US government announced one of the largest sets of fines and penalties for failures in anti-money laundering …
China’s September new lending rises less than expected despite stimulus
New bank lending in China jumped in September from the previous month but fell short of expectations as authorities ramp up stimulus measures to stabilise the faltering economy. Chinese banks extended …
China a ‘short term trade’, say experts as weekend ‘stimulus’ disappoints EM investors
China has been facing serious challenge on domestic front, with demand slacking as consumers refrain from spending more, and unemployment remains high, especially for entry level jobs.
China’s central bank conducts $2.76 billion via reverse repos
China central bank conducted 195 billion yuan about US276 billion of seven-day reverse repos at an interest rate of 15 percent on Monday …
China stimulus aims at its greatest wall of debt
Chinese policymakers trying to fire up growth in the world’s second-largest economy appear intent on smashing through a wall of debt that poses a systemic financial risk and on not repeating past mistakes in delivering…
China’s finance ministry promises stimulus but gives few details
The general response to Saturday’s announcements was while they were a step in the right direction, they were not specific enough.
China Traders Brace for Volatility After Weekend Briefing Underwhelms
Hello, I’m Yujing Liu with the economy and government team based in Beijing, and along with colleagues will bring you all the news and analysis on how markets participants react to China’s finance …
Iron Ore Drops as China’s Stimulus Disappoints Fiscal Bulls
Iron ore futures dropped after China stopped short of unveiling fresh fiscal stimulus to shore up the economy.Most Read from BloombergDubai’s Allure to Expats Is Weighing on City’s InfrastructureThe Master Plan That Shaped Pakistan’s Capital…
ASIA Bank results boost Wall St, China plan leaves questions
The fresh stimulus details come after Chinese stocks slumped on Friday, with the blue-chip CSI300 index (.CSI300) closing down 2.8%. For the week, the CSI300 fell by 3.3%. But the index remains up …
Morning Bid: Bank Results Boost Wall St, China Plan Leaves Questions
JPMorgan Chase and Wells Fargo shares jumped after both major banks beat profit estimates, a bullish kick-off for corporate America’s third-quarter reporting season. The two lenders also touted resiliency of the U.S. consumer, which will…
China shows increasing signs of deflation as stimulus skepticism grows
Consumer prices in China saw their slowest growth in months in September, according to new Consumer Price Index data showing a 0.4% rise in August, lower than analysts’ expectations. Producer prices also declined compared to…