Stocks near flat, yuan dips as China stimulus lift fades
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month low against the euro as traders bet the Federal Reserve will make another large interest rate cut at its November meeting.
China’s yuan skips the stimulus party as state banks sell
SHANGHAI/BEIJING: China’s yuan has stayed steady through a week that saw authorities roll out massive stimulus
Stocks rise as China adds to stimulus with more measures
China: Week's second stimulus shot boosts markets. The China stock rally returned as Beijing announced more measures to revive the world's second-largest economy, including cash h
Yuan boosted as China unleashes stimulus
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines after soft data on the consumer.
China stocks leap as Beijing pledges more stimulus, property shines
Stock markets in China and Hong Kong jumped on Thursday, led by gains in the embattled property sector, as Beijing pledged more policy measures to spur growth just days after announcing big rate cuts and funding for the markets.
China’s yuan continues upward climb after Beijing’s stimulus roll-out
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s central bank.
Yen loses ground after China's stimulus boost
The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite.
China’s march to strong yuan is long and perilous
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary to fix the nation's ...
The dollar could continue to weaken if China strengthens – analyst
Barclays analysts said there is potential for continued dollar weakness if China’s fiscal stimulus becomes a CNY10T package.
It could soon get a lot harder for Russia to deal in Chinese yuan
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
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China's Bold Move: 1 Trillion Yuan Injection to Revitalize State Banks
China is planning to inject up to 1 trillion yuan into its major state banks to bolster the struggling economy. This ...
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Indo-Croatian Pair Of Rohan Bopanna & Ivan Dodig Crash Out Of China Open 2024 After Straight-Sets Loss In Round 1
India’s tennis star Rohan Bopanna and his Croatian partner Ivan Dodig faced a straight-sets defeat in a first-round match of ...
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China Open Results
Flavio Cobolli, Italy, def. Pavel Kotov, Russia, 6-4, 6-2. Advertisement Article continues below this ad Jiri Lehecka, Czechia, def. Roberto Bautista Agut, Spain, 3-6 ...
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China's Yuan Surges Amid Global Monetary Policy Shifts
China's yuan hit a 16-month high after new stimulus measures, lifting broader markets and the euro. The Australian dollar ...
Yuan Yue, Wei Sijia knocked out of China Open
Chinese tennis players Yuan Yue and Wei Sijia were both eliminated in straight sets in the women singles second round at the 2024 China Open on Saturd ...