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 ...
Iron ore climbs to nearly $100/ton after China stimulus push
Iron ore futures in Asia are rallying for a second day Wednesday on speculation that China's stimulus package will help boost ...
What China's biggest stimulus since the pandemic means for US investors: Morning Brief
China just unveiled a stimulus package to pull itself out of its economic doldrums. But there could be consequences that ...
China’s real estate stimulus to aid Indian steelmakers but oversupply persists
Even after the stimulus, Chinese steelmakers will have to curtail production for global demand-supply balance to be restored.
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Stocks struggle as China stimulus boost fades
Mainland Chinese blue chips gained 1.5%, adding to a 4.3% jump in the prior session. Hong Kong's Hang Seng climbed 0.7%, adding to Tuesday's 4.1% surge. While market players welcomed the stimulus, ...
China's cabinet issues guidelines to promote employment amid economic woes
BEIJING - China's cabinet on Wednesday issued guidelines on promoting high-quality and sufficient employment, pledging to ...
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Malaysia’s central bank sees ‘enduring support’ for ringgit
The rally in Malaysia’s ringgit is likely to last given the nation’s favourable economic outlook and reforms, according to ...
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Standard Chartered strategist lists favourite sectors in India
Fook Hien, a Senior Investment Strategist at Standard Chartered Bank said that the financial sector, especially banks, is a favourite in India, as credit growth is expected to rise with the country's ...