Chinese Stocks Rally on Fresh Central Bank Support
China's stimulus came more into focus on Friday—and stock markets liked it. Mainland China's CSI 300 Index and Hong Kong’s Hang Seng Index both gained 3.6% after People’s Bank of China Governor Pan Gongsheng said the central bank could cut lending rates again as soon as Monday.
The Wall Street Journal on MSN5d
China Says It Has a Big Stimulus Coming—But Still Won’t Say How BigWith few details offered by officials, stock investors are back to where they started the week: in a waiting game.
China’s Finance Ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal ...
1don MSN
U.S. stocks are drifting around their records following the latest signals that the U.S. economy continues to hum.
On Wall Street, American Express fell 3.1% despite reporting better profit for the latest quarter than analysts expected. Its revenue fell short of forecasts, and it said its revenue for the full year ...
An epic Chinese stock market rally lost steam after comments from the nation’s economic planners cast down hopes for more ...
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