China’s central bank tries to save the economy—and the stockmarket
As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration.
China's Stimulus Package: What You Need to Know
What is the stimulus package? Is it monetary or fiscal? Monetary: These are measures taken by the central bank, the People's Bank of China, rather than tax-and-spending moves by the government. In ...
Pacific Daily News27m
Global stocks trade mixed tracking China stimulus
Global stock markets traded mixed Wednesday as China's latest measure to bolster its economy, the world's second-largest, ...
China's cabinet issues guidelines to promote employment amid economic woes
China's cabinet on Wednesday issued guidelines on promoting high-quality and sufficient employment, pledging to prioritise ...
2024 Global Market Outlook - Q4 Update: Definitely, Maybe
U.S. soft landing is likely, but weekly jobless claims above 260,000 could signal recession risks; markets are priced for a ...
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar level since May 2023.
btimesonline42m
Gold Prices Surge to Record Highs as Investors Anticipate Further Fed Rate Cuts
Gold prices soared to unprecedented levels this week, reflecting heightened investor anxiety over the health of the U.S.
Crude Oil Prices26m
Gold Prices Soar on Strong Demand From Hedge Funds and Central Banks
Gold prices are soaring to new all-time highs, driven by central bank buying, hedge fund activity, and a resurgence of ...