China's stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008
Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It's just not enough to reverse the magnitude of China's problems — including an epic property crisis and high youth unemployment — they say.
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.
China stocks set for best month in nearly a decade on stimulus cheer
Chinese stocks extended a blistering rally on Monday with those in the mainland headed for their best month in almost a decade, as Beijing rolled out further stimulus measures to arrest a slowdown in the broad economy.
China's stimulus isn't enough for its economic woes. But its stock rally could help.
Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It's just not enough to reverse the magnitude of China's problems — including an epic property crisis and high youth unemployment — they say.
China stocks just saw their best day of trading since 2008 amid a stimulus rally
China's CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.
Painful policy choices loom after China's 'monumental' consumer stimulus plan
China's stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook ...
China’s Weak Factory Activity Shows Urgency of New Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an ...
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary to fix the nation's ...
Yen steadies, dollar slips as China reaches for stimulus
A surging yen steadied on Monday as Japan's incoming prime minister signalled monetary policy should remain accommodative, ...
China’s Sovereign Bonds Decline as Stimulus Fuels Stock Bets
China’s 10-year sovereign bonds fell, extending their biggest weekly drop in a decade, as investors pivoted toward risk ...
Morning Bid: China Stimulus, Japan Politics Dominate Q3 End
Figures on Friday showed that industrial profits slumped 17.8% in August, the biggest decline this year. Citi's Chinese ...
China's massive stimulus misfire
Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fix the country's biggest ...
China's Stimulus-Led Rally Continues. Shanghai Index Has Best Day in 16 Years.
China's equities rally continued ahead of a weeklong national holiday. The benchmark Shanghai Composite Index notched its biggest daily gain in 16 years, ending 8.1% higher at 3336.50 as investors ...
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Singapore stocks rise in the wake of China stimulus measures; STI up 0.4%
SINGAPORE equities kicked off the week in the black on Monday (Sep 30), a week after China announced a stimulus package. Read ...
China's factory, service sectors skid, emboldening stimulus calls
China's factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting ...