Meanwhile, in Asia, ASX 200, Nikkei, Kospi, and Hang Seng were up in the range of 0.9 per cent to 1.27 per cent. Shanghai Composite was flat as investors await key economic data out of China, including November house prices, industrial output, and retail sales data. ( read original story ...)
An end to interest rate hikes? What to expect from today’s Fed meeting
The Federal Reserve is expected to leave interest rates unchanged Wednesday for the third time, signaling its aggressive string of hikes may be over. ( read original story ...)
Stock market today: Sensex surges over 900 points, Nifty 50 settles above 21,100 led by IT, realty stocks
Sensex and Nifty 50 reach new all-time highs after global rally sparked by US Federal Reserve signaling end of tightening cycle and possible rate cut in March 2024. ( read original story ...)
China Extends Homebuying Easing To Beijing And Shanghai
Chinese authorities relaxed homebuying curbs in Beijing and Shanghai, extending efforts seen in major cities to stem an unprecedented housing downturn. The nation's capital cut the down-payment ratio ... ( read original story ...)
Freedom And Dignity: Millennial Chinese Leave China For Thailand
"I feel there are a lot of opportunities outside and I feel hope," she said. The Covid lockdowns in Shanghai led to rare street protests that quickly escalated into demonstrations across other ... ( read original story ...)
Beijing & Shanghai Lower Down Payments For First-Time Home Buyers
After the market close, both Beijing and Shanghai reduced their down payment ratios for first ... The Hong Kong Tracker ETF saw its largest net outflow via Southbound Stock Connect since September 11th as Mainland investors sold a net HKD 6.7 billion ... ( read original story ...)
European shares rally after dovish Fed; ECB in focus
European shares jumped on Thursday, buoyed by gains in real estate and declining euro zone bond yields as investors cheered the Federal Reserve's indication of lower borrowing costs in 2024 and awaited the ECB's decision. ( read original story ...)