Protests against China's heavy COVID-19 curbs spread to more cities, including the financial hub Shanghai on Sunday, nearly three years into the pandemic, with a fresh wave of anger sparked by a ... ( read original story ...)
COVID Protests Hit Shanghai as Anger Spreads Across China
Protests simmered in Shanghai early Sunday, as residents in several Chinese cities, many of them angered by a deadly fire in the country's far west, pushed back against heavy COVID-19 curbs nearly ... ( read original story ...)
China Central Bank Boosts Stimulus to Bolster Covid-Hit Economy
Topping Shanghai Outbreak The People’s Bank of China reduced the reserve requirement ratio for most banks by 25 basis points, it said in a statement Friday. The adjustment takes effect on Dec. 5 and ... ( read original story ...)
Exclusive: China central bank to offer cheap loans to support developers’ bonds
China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet ... ( read original story ...)
Consistent Sales Growth Has Helped Procter & Gamble Stock To Match The Market Returns
Procter & Gamble (NYSE: PG) stock price gained almost 60% from around $92 at 2018 end to $146 currently, primarily due to favorable changes in its revenues and P/S multiple. ( read original story ...)
Pre-Market Brief: Stocks Mixed As Fed Minutes Boost Sentiment, But China’s Covid Woes Weigh
China’s Shanghai Composite Index (SHCOMP ... closed down 2.39% and hit a 52-week low of 17.15. Pre-Market U.S. Stock Movers Canoo Inc (GOEV) climbed over +12% in pre-market trading after the company's ... ( read original story ...)
China Central Bank Boosts Stimulus to Aid Covid-Hit Economy
China’s central bank cut the amount of cash lenders must hold in reserve for the second time this year, ramping up support for an economy racked by surging Covid cases and a continued property ... ( read original story ...)