China stock market has best day since 2008
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.
A Week of Shock and Awe Ignites China’s Stock Markets
While hopes are high, the wider Chinese economy—in particular its languishing property market—will take longer to recover.
China Stocks Surge in Biggest Single-Day Rally Since 2008 on Stimulus Cheer
SHANGHAI/SINGAPORE (Reuters) -Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares registering their highest ever turnover, as investors scrambled to join a searing rally sparked by Beijing's latest raft of stimulus measures.
China Stimulus Sends Las Vegas Sands Stock Up 8% In A Day
Las Vegas Sands stock, a casino and resort company operating in Macau and Singapore, rose 8% on 26th September, as compared to a 0.4% increase in the S&P 500 index.
China's benchmark stock index posts biggest daily gain since 2008
China's stock markets have been on a tear since Beijing rolled out a flurry of stimulus measures last week and over the weekend to jolt the beaten-down market and revive a slowing economy.
China's stock market embraces surge ahead of National Day holiday
Monday is the last trading day before the week-long National Day holiday. The Chinese stock markets will be closed Tuesday through Oct 7.
China’s Stock Market Gets Another Lift. Can Beijing Follow Through?
China’s problems run deep, but policymakers are changing their tone. Experts are taking note but are still wary as previous moves haven’t worked.
How China's Stimulus Measures Affect US Stock Portfolios
Everything from iron ore miners to luxury handbag sellers got a boost Tuesday from China's stimulus, showing the wide-ranging influence a pickup in the world's second-largest economy would have on stocks globally.
Reviving China's Stock Market Helps Economic Recovery, China Sec Journal Says
SHANGHAI (Reuters) - Reviving China's stock market and boosting investor confidence will aid the country's economic recovery by breaking a vicious cycle that has curbed investment and consumption, the official China Securities Journal said in an editorial on Monday.
China’s stock market revival crucial for economic recovery, says China Securities Journal
China's focus on rejuvenating its stock market is seen as a critical move to break the cycle of declining investments and consumption, says China Securities Journal.
Chinese Stocks Enter Bull Market After Biggest Surge Since 2008
Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most beaten-down markets worldwide.
More China Stimulus And A Looming Port Strike
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
Stock Market Today: Dow futures dip as investors await key economic data
Emerging markets have had a good run — the iShares MSCI Emerging Markets ETF is up 7.5% this month — with sentiment given a ...
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 ...
Toronto stocks fall ahead of Fed's Powell comments
Canada's main stock index fell on Monday, hurt by mining stocks, as investors awaited the Federal Reserve Chair Jerome Powell ...
Gold set for quarterly gain; Fed's Powell comments in focus
Gold prices rose on Monday, heading for a fourth consecutive quarterly gain. This increase is driven by expectations of a ...
Chinese Stocks Notch Best Day Since 2008 After Beijing Adds to Stimulus Blitz
China said Sunday that it would allow home owners to refinance mortgages, the latest in a torrent of policy moves aimed at supporting the struggling economy and stock market. The new ...