On Saturday, Haidian district’s 3.1 million residents were told to work from home and avoid going out unless necessary, with some limited residential areas locked down after cases were detected.Do you …
Tagged By finance
China, US lead rise in global debt to record high $305 trillion – IIF
China’s debt increased by $2.5 trillion over the first quarter and the United States added $1.5 trillion, the data showed, while total debt in the euro zone declined for a third consecutive quarter.
European and Asian stocks sparked by China’s interest rate cut as Wall Street tumbles
Asian and European stocks rebounded on Friday on China’s interest rate cut, but US equities gyrated amid fears that sky-high inflation will spark a recession. London’s FTSE 100 closed up 1.2 per cent, …
Singapore still rules China futures market as Hong Kong edges In
Six months after Hong Kong introduced equity index futures to make it easier for international investors to bet on Chinese stocks, Singapore still rules the market, although its Asian rival is making …
US futures rise after China’s lending rate cut, but global stocks head for a record losing streak thanks to grim economic outlook
The S&P 500 is on the brink of a bear market, an index of global stocks is headed for a record run of weekly losses, and the Fed won’t help, strategists said.
China eyes security pacts with more Pacific nations after Solomon Islands: Financial Times report
China has had Kiribati, which switched its diplomatic allegiance to Beijing from Taiwan in 2019, in its sights for years, the report said. China’s foreign ministry did not respond to the FT’s requests …
WRAPUP 1-Shanghai inches towards COVID lockdown exit, Beijing plays defence
Shanghai cautiously pushed ahead on Saturday with plans to restore part of its transport network in a major step towards exiting a weeks-long COVID-19 lockdown, while Beijing kept up its defences in …
Moneycontrol Pro Weekender | People’s Bank of China rides to the rescue
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth …
China allocates 500 mln yuan for flood relief
China has earmarked 500 million yuan about 74 million US dollars for this year flood season response authorities said Saturday …
China’s property crisis: who and what will save the indebted developers in the world’s largest real-estate market?
Sunac, which forked out 43.8 billion yuan in 2017 to help Wanda, defaulted on a US dollar bond last week, and had its rating cut twice by Fitch, deep into junk status R&F, which bought…
China ETFs Gain After Unexpected Central Bank Rate Cut
C hina country-specific exchange traded funds strengthened after the People’s Bank of China executed an unexpectedly deep cut to its benchmark reference rate for mortgages in a bi …
US, India and China vie to help as South Asian nations grapple with economic woes
Governments from Nepal to Sri Lanka and Pakistan are facing separate challenges, giving the major powers an opportunity to extend aid in return for further influence, analysts say While China has …
As U.S. interest rates rise, China’s are headed in the opposite direction
Here in the U.S., the Fed is trying to cool an overactive economy. In China, the goal is to juice one that’s flagging.