China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said in interviews with state media. ( read original story ...)
Asia-Pacific stocks advance on Japan’s strong GDP growth, China reports mixed economic data
The Asia-Pacific equity markets mostly advance on Thursday as investors digested mixed economic reports in China, with retail sales rising more than anticipated, while industrial production ... ( read original story ...)
China’s stock market turnover sinks to 4-year low as investors fret over stimulus
The slump in turnover mirrors subsiding interest in onshore stocks, as traders remain unimpressed by cuts to the policy loan rate and the loan prime rate following a Politburo meeting last month. ( read original story ...)
China Market Update: Tencent Beats!
Supply/credit availability is not China’s problem but demand with very minimal fiscal steps taken by the government to restore animal spirits in the stock market nor providing ... Working Group ... ( read original story ...)
Stock Market News Today, 08/14/24 – Futures Flat Ahead of PPI Data
U.S. futures were flat on Wednesday morning as investors braced for another key inflation report. Futures on the Nasdaq 100 (NDX) and S&P 500 (SPX), were down by about 0.14% and 0.06%, respectively, ... ( read original story ...)
China’s Shanghai Composite index dips 0.60%
The dollar index held steady near a four-month low in Asian trading, gold edged up slightly and Treasuries were little changed ahead of the U.S. CPI report due later in the day that could allow the ... ( read original story ...)
Stock Market News Today, 08/13/24 – Stocks Close Higher as Producer Inflation Cools
U.S. futures traded higher on Tuesday morning ahead of the release of key inflation data this week. Investors are looking to gain insights about ... ( read original story ...)