Stocks appear to be on firmer footing in early trading as China’s economic slowdown strengthens expectations for further policy and market-friendly measures.
Tagged By financials
China Property Bond Losses Pass $82 Billion: Evergrande Update
China’s debt-saddled property developers have seen their offshore bonds lose $82 billion in value, and more losses and defaults are likely, analysts at Bloomberg Intelligence said.Most Read from …
Local start-up harnesses the power of artificial intelligence to tackle monumental task of financial translation
Targeting a major pain point in financial publishing, DeepTranslate’s translation service is now used by major financial institutions in Hong Kong, including HSBC, Guotai Junan and Ernst & Young.
China GDP growth for 2021 beats expectations, narrowing gap with US, but population crisis, virus cloud economic outlook
China’s economy grew by 8.1 per cent last year, beating most expectations. But a slowdown in the fourth quarter has pointed to trouble ahead amid a worsening demographic picture, slowing property …
China’s central bank cuts rates on medium-term loans, reverse repos
BEIJING – China’s central bank Monday cut the interest rates of its medium-term lending facility (MLF) loans and reverse repos by 10 basis points amid the country’s efforts to lower lending cost and …
Covid-19: Omicron reaches China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong …
CGTN: China calls for building an open world economy to create better post-COVID world
Global Risks Report warned that economic stagnation is the most serious challenge persisting from the COVID-19 pandemic. However, China is injecting confidence into the world economy with official …
China Local Governments Face Debt Maturity Wall in Next 3 Years
China’s local governments will face mounting repayment pressures in the coming three years as more than half of their outstanding bonds come due, a researcher with an institute affiliated to the …
Global financial warning: China faces ‘tremendous pressure’ – interest rates slashed
CHINESE leader Xi Jinping has warned of the threat posed to global recovery as the world emerges from the pandemic.
Omicron Reaches China’s Political, Financial and Tech Hubs
Omicron has breached the political, financial and technology centers of China for the first time, putting pressure on the country’s response to the more transmissible variant as it awaits the Winter …
Covid-19: Omicron penetrates China’s political, financial and tech hubs
China has detected locally-transmitted omicron infections in the capital Beijing, the financial center Shanghai, and Guangdong, where the southern technology center of Shenzhen is located …
China tops forecasts with 8.1% growth in 2021 but headwinds loom
China’s economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs that momentum is slowing on weakening consumption and a property downturn, pointing to …
Cinda, under Beijing pressure, scraps $944 mln investment in Ant unit -sources
China Cinda Asset Management Co Ltd scrapped a deal to buy a 20% stake worth about $944 million in fintech giant Ant Group’s consumer finance arm because of pressure from state authorities, people …
