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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.
Chinese equities jump as central bank rolls out support for the stock market
Chinese stocks rallied Friday for the first time in four days as the central bank rolled out promised support for the stock market.
Chinese Stocks Rebound as PBOC Reinforces Support for Market
Chinese stocks advanced on Friday following a slew of positive headlines from the central bank, which reinforced its determination to support the market.
China’s Central Bank Launches Swap Facility to Boost Stock Market
China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund, and insurance firms get liquid assets for their stock purchases.
The Wall Street Journal on MSN
5d
China Says It Has a Big Stimulus Coming—But Still Won’t Say How Big
With few details offered by officials, stock investors are back to where they started the week: in a waiting game.
10d
on MSN
China’s Stock Market Tumbles on Doubts About Government Stimulus
China’s Finance Ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal ...
2d
on MSN
Stock market today: Wall Street drifts around its records following latest encouraging economic data
U.S. stocks are drifting around their records following the latest signals that the U.S. economy continues to hum.
Atlanta Journal-Constitution
1d
Stock market today: Wall Street sets more records and closes a 6th straight winning week
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 ...
11d
on MSN
China’s Stock Market Fever Breaks as Authorities Disappoint
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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