A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump's return to the White House, investors were delivered a bit of a diversion on Thursday with the announcement of new Chinese measures to boost its ailing stock market. ( read original story ...
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is ... ( read original story ...)
Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and ... ( read original story ...)
Shanghai Becomes China’s First City to Top CNY5 Trillion Annual GDP
(Yicai) Jan. 23 -- Shanghai has become the first Chinese city to surpass the CNY5 trillion (USD686.8 billion) mark for annual gross domestic product. ( read original story ...)
China unveils measures to expand financial opening up
China on Wednesday revealed a guideline, outlining 20 measures to expand financial opening up in the country's pilot free trade zones and a free trade port. ( read original story ...)
China Stock Market May Halt Its Slide On Thursday
The China stock market has tracked lower in consecutive trading days, surrendering more than 30 points or 1 percent along the way. ( read original story ...)
Shanghai sees record high in cross-border RMB settlement
Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People's Bank of China Shanghai head office said on Wednesday. ( read original story ...)