ThePrint59m
Yen loses ground after China’s stimulus boost
The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China's ...
Stock surge in US$592 billion rally as investors ‘gobble up’ China’s stimulus package
The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.
The Jakarta Post25m
China stocks high on stimulus joy, Sri Lanka dollar bonds rebound
While the stimulus measures have raised expectations that Beijing will follow soon with a fiscal package to complement the ...
Indian stock market: 10 things that changed for market overnight - Gift Nifty, US consumer confidence to China rate cut
Gift Nifty was trading around 25,925 level, a discount of nearly 20 points from the Nifty futures’ previous close, indicating ...
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.
The Globe and Mail22m
S&P Futures Steady After Yesterday’s Record, Micron Earnings on Tap
Brokers and bank stocks led the gains on Wednesday. The offshore yuan advanced past 7 per dollar for the first time since May 2023. China’s central bank on Wednesday reduced the interest rate on its ...