China unveils stimulus package in bid to kickstart flagging economy
China has unveiled its largest set of economic stimulus measures since the pandemic in an attempt to kickstart growth in the world’s second largest economy. The People’s Bank of China (PBoC) announced today it had cut its benchmark interest rate by 50 basis points,
Asian markets gain as China makes moves to boost its economy
Asian shares advanced Tuesday, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy.
Stock Market Today: Asian Shares Gain as China Eases Rates to Aid Property Industry
Asian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy
Stock market today: World shares gain as China unveils moves to aid economy
World shares advanced Tuesday, with Chinese markets logging the biggest gains after Beijing announced a slew of measures to support the faltering economy. Shares in Hong Kong and Shanghai jumped more than 4% and the optimism spilled into other markets.
Asian Markets Boosted Again After Another Chinese Rate Cut
Most Asian markets built on a global rally Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country's ailing economy.
Asian stock markets lead rally on China stimulus
Stock markets and oil prices rallied Tuesday after China's central bank unveiled fresh stimulus measures to kickstart growth in the world's number two economy.
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