Tag: stock market

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 ...)

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 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 ...)

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 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’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 ...)

China’s overnight stimulus measures on Tuesday powered the Shanghai Composite to a rally of nearly 4.2% for its best day since July 2020, but stock-m ... ( read original story ...)