Oil futures traded modestly lower early Wednesday, pulling back from strong gains seen the previous session amid a broad ...
Oil prices slipped on Wednesday as investors reassessed whether China's latest stimulus plans will be able to boost its ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
A look at the day ahead in European and global markets from Kevin Buckland Beijing's big shot of stimulus is still pumping ...
China has unveiled its largest set of economic stimulus measures since the pandemic in an attempt to kickstart growth in the ...
China has announced a broad suite of stimulus measures, but analysts are sceptical about whether they are enough to kickstart a sluggish economy.
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
The price of New York crude oil rose after China announced interest rate cuts and a large economic 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 dollar hit a new one-month low versus the euro and a 2 1/2-year trough to sterling as weak U.S. data bolstered the case for deeper rate cuts.
China stocks led Asia-Pacific markets on Wednesday, buoyed by stimulus measures announced by Beijing a day earlier. In Japan, the Nikkei 225 dipped 70.33 points, or 0.2%, to 37,870.26. In Hong Kong, ...
“Until we see a meaningful step-up in fiscal stimulus to stabilise consumption and the property market, the downward trend in ...