stimulus
China-linked stocks climb on bevy of stimulus measures
US-LISTED shares of Chinese firms and China-focused funds jumped on Friday (Sep 27) and are set for another day of strong gains, aided by the latest in a line...
LVMH chief Arnault wins big on China stimulus with US$17 billion wealth surge
BERNARD Arnault entered Thursday (Sep 26) having lost more wealth this year than any other billionaire, with his luxury-goods fortune slumping by US$24 billion.Then China’s top leaders gave the...
Europe: Stoxx 600 clocks all-time closing high on China stimulus boost
EUROPEAN shares jumped on Thursday, with China-exposed stocks such as luxury and miners outperforming on news of aggressive Chinese economic stimulus, while chip stocks also advanced following US firm...
US: S&P 500 at fresh record on Micron results, China stimulus
WALL Street stocks powered higher on Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and statements from Beijing signaling likely additional stimulus.Analysts described Micron’s earnings...
Foreign investors cheer China’s stimulus from a distance
As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the US$114 billion toolkit will provide the spark needed to turn...
Yen loses ground after China’s stimulus boost
THE yen lost ground to major currencies on Wednesday (Sep 25), while the yuan hit its strongest level in over a year, as China’s aggressive stimulus package provided the...
China, Hong Kong stocks extend gains as massive stimulus boosts sentiment
CHINA and Hong Kong stocks extended their gains on Wednesday (Sep 25), although lost some steam in the afternoon trade, as investors continue to digest a wide-ranging stimulus package...
Investors face ‘pain trade’ amid China stimulus: Barclays
INVESTORS who have snubbed stocks tied to Chinese growth may face a “pain trade” after the world’s second-biggest economy unleashed a new stimulus package and the Federal Reserves cut...
