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 stimulus revives hopes for economy, CSI 300 Index sees best week since 2008
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments earlier this week
China Caps Week Of 'Bazooka' Stimulus For Ailing Economy With Rate Cut
China on Friday opened up over a hundred billion dollars in cash for its ailing economy, capping a week in which its leadership embark on one of their biggest drives in years to kickstart growth.
China central bank cuts medium-term loan rate
China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The People's Bank of China (PBOC) said it cut the rate on 300 billion yuan ($42.
Is China’s central bank doing enough to revive its economy?
New stimulus measures are being introduced by China’s central bank to reduce interest rates on existing mortgages. Devina Gupta speaks to lead economist Betty Wang. Also, is fashion giant Shein benefiting from tax loopholes in the UK?
China’s central bank tries to save the economy—and the stockmarket
A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration. Officials at the People’s Bank of China (PBoC) at firs
China's central bank unveils most aggressive stimulus since pandemic
China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target, but analysts warned more fiscal help was vital to hit these goals.
Chinese central bank unveils economic stimulus package
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b
China's central bank goes big with monetary easing
The People's Bank of China unleashed a fusillade of measures aimed at arresting the nation's economic malaise Tuesday morning. Why it matters: The world's second-largest economy faces a popping property bubble,
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 ...
Alibaba: Re-Rating Catalysts Finally Kick In
A major Chinese monetary policy update this week has given rise to a re-rating catalyst for Chinese stocks like Alibaba. Read ...
Why China stocks are now a buy for U.S. investors
Unusual action for the S&P 500, a hot bond market and interviews with acting HUD secretary and AT&T’s chief operating officer ...
China central bank releases slate of support measures amid a deepening economic slump
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator ...
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Silver lining showing for A-share market
With active transactions, upbeat market sentiment, cyclically stronger consumption, and more often than not, economic ...
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 ...
China 10-year bond yield hits record low after PBOC signals more easing
China bond yields fell to a record low after the People's Bank of China announced that it will cut the reserve requirement ...
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PAN Gongsheng: PBOC to Reduce Mortgage Rates for Homes in Stock, Standardize Min. Down Payment Ratio for Mortgages
Pan Gongsheng, Governor of the People's Bank of China (PBOC), announced at a press conference of the State Council ...
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Policy toolkit further tapped to boost economic growth
Heading into the last quarter of the year, the world second-largest economy has added policy steam with targeted stimulus to ...
Asia-Pacific markets climb with China's central bank in focus; S&P and Dow set fresh records
The People's Bank of China will hold a press conference at 9 a.m. local time after cutting a short-term lending rate.