Chinese stocks have been the big story this week, as indexes tracking markets in Shanghai, Shenzhen and Hong Kong came roaring back after the country's central bank announced a barrage of stimulus measures. ( read original story ...)
Stock market today: Asian markets rally again as China ramps up support for its economy
Shares rallied again in Asia on Thursday following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks. Bloomberg and other reports cited unnamed sources as saying that the Chinese government would spend 1 trillion yuan ($142 billion) on capital injections for lenders. ( read original story ...)
Stock market today: Wall Street climbs toward more records
U.S. stocks are jumping back toward records amid a worldwide market rally. The Nasdaq composite was 1.2% higher. Micron Technology jumped after the maker of computer memory and storage chips delivered stronger profit for the latest quarter. ( read original story ...)
China’s slowdown highlights economic inequality in Shanghai
China's leaders admitted the country's economy was facing "new situations and problems" on Thursday but people on the streets of financial powerhouse Shanghai suggested that not everyone is being hit ... ( read original story ...)
Stock market today: Markets rally again as China ramps up support for its economy
Hong Kong’s Hang Seng jumped 4.2% to 19,924.58, and the Shanghai Composite index surged 3.6% to ... The next date on the calendar circled for a potentially big market move is next week’s monthly update on the U.S. job market. Investors are concerned ... ( read original story ...)
China’s A-share market rallies strongly on Thursday, with Shanghai market index exceeding 3,000 points
China’s Shanghai Composite Index surged more than 100 points, closing above 3,000 points on Thursday, the first time above the key benchmark since July 2, following a series of pro-growth policy ... ( read original story ...)
China Market Support May Fizzle Out If Key Issues Remain Unsolved
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait amid lingering doubts about the economy’s underlying weakness. ( read original story ...)