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China stocks see best week since 2008 on stimulus impact
Bitcoin to rise on weekly basis on robust ETFs inflows, China stimulus
Bitcoin (BTC-USD) is on track to rise 4.3% on a weekly basis, helped by robust inflows in Bitcoin ETFs and China's fresh stimulus measures. The world's largest digital currency stayed above the $60K mark throughout the week,
China stocks see best week since 2008 on stimulus impact as most Asia markets rise
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.
Chinese stocks on track for best week since 2008 after stimulus blitz
Chinese equities are on track for their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market. The CSI 300 index of Shanghai- and Shenzhen-listed companies is up 14.
China, industrial profits
China's industrial profits suffer biggest slump this year, adds to economic woes
China's industrial profits swung back to a sharp contraction in August for their biggest decline this year, official data showed on Friday, adding to a recent spate of bleak business readings that point to mounting pressure on the economy.
China Industrial Profits’ Sharp Drop Bolsters Stimulus Urgency
Profits at China’s industrial firms fell at the sharpest pace since April last year, bolstering the case for urgent measures to lift demand as Beijing rolls out a strong stimulus package.
China’s Industrial Profits Fell in August
China’s industrial profits swung to a decline in August, yet another sign of a broad-based economic slowdown that has already prompted leaders to introduce strong stimulus measures.
Asia, China and Wall Street
Stock Market Today: Wall Street Ticks to Another Record as Stocks Worldwide Rally
Shares rolled higher in Asia on Thursday after U.S. stocks edged back from their records. Japan’s Nikkei 225 index gained more than 2% and U.S. futures and oil prices also advanced. The rally in Asia followed an announcement that the Chinese government plans to give cash handouts or discount vouchers to the poor ahead of next week's National Day holidays.
Asian markets follow Wall Street higher on upbeat news from China, US
Stocks in Asia advanced on Friday, led by gains in Hong Kong and other Chinese markets fueled by China's moves to rev up its economy. Japan’s Nikkei 225 index was up more than 1% as the ruling Liberal Democratic Party conducted a leadership election that will determine who is Japan’s next prime minister.
Asian Markets Rise As China's Stimulus Cheer Offsets PCE Jitters
Equity markets in Asia cheered China implementing policy announcements made earlier in the week to support economic growth. The
11h
China’s Stimulus Blitz: What We Know So Far and What to Expect
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...
1h
on MSN
Casino Stocks Advance Further on Optimism About China's Stimulus Moves
Key Takeaways Shares of Wynn Resorts, Las Vegas Sands, and MGM Resorts International have been lifted by China's measures to ...
2h
S&P 500: China Stimulus And Strengthening U.S. Labor Market
The China stimulus and the strengthening US labor market likely delay a recession and a recessionary bear market. Read what ...
11h
on MSN
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, ...
1d
China's surprise stimulus could be a red flag, so investors should approach the nation's long-awaited rally with caution
Chinese stocks have caught fire after a new round of stimulus, but some say the rally may be short-lived. Here's how to ...
Observer
3h
Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH’s Actual Business Is Another Story
Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant ...
5h
on MSN
China-linked stocks climb on bevy of stimulus measures
U.S.-listed shares of Chinese firms and China-focused funds jumped on Friday and are set for another day of strong gains, ...
13h
A new stimulus might (or might not) jump-start China's economy
Doldrums continue to plague China's post-pandemic economy. Now the country's leaders are firing up a new round of plans to ...
17h
China Stimulus Likely a Boost for Australia, Chalmers Says
Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation ...
4h
on MSN
China stimulus may spur buying in overseas equities, Bank of America says
China’s recent stimulus measures may spur buying in overseas stocks, including in emerging markets and commodities, Bank of ...
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