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Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown

This week showed he’s not willing to tolerate any more pain.The People’s Bank of China led the charge to revive sentiment on Tuesday in a rare televised press briefing beamed live around the world, opening its war chest to stock markets and making money cheaper to borrow.

Business Insider · 5h

Luxury stocks have gotten a huge boost from China's stimulus this week

Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to more spending.

Investopedia on MSN · 7h

Casino Stocks Advance Further on Optimism About China's Stimulus Moves

Key Takeaways Shares of Wynn Resorts, Las Vegas Sands, and MGM Resorts International have been lifted by China's measures to boost its economy.The steps by Beijing are expected to boost business at their casinos in Macau.

Asia, China and wall street

Reuters on MSN · 1d

Asian stocks defy Wall St selloff, charged by dogged China optimism

Asian stocks bucked the global trend to extend a rally on Thursday, fuelled by persistent optimism over China's aggressive stimulus package, although there were signs some of that enthusiasm was starting to ebb.

Las Vegas Sun · 18h

Asian markets follow Wall Street higher on upbeat news from China, US

Stocks in Asia advanced on Friday, led by gains in Hong Kong and other Chinese markets fueled by China's moves to rev up its economy. Japan’s Nikkei 225 index was up more than 1% as the ruling Liberal Democratic Party conducted a leadership election that will determine who is Japan’s next prime minister.

Business Insider · 16h

Asian Markets Rise As China's Stimulus Cheer Offsets PCE Jitters

Equity markets in Asia cheered China implementing policy announcements made earlier in the week to support economic growth. The

China, industrial profits

Reuters on MSN · 22h

China's industrial profits suffer biggest slump this year, adds to economic woes

China's industrial profits swung back to a sharp contraction in August for their biggest decline this year, official data showed on Friday, adding to a recent spate of bleak business readings that point to mounting pressure on the economy.

Bloomberg on MSN · 13h

China Industrial Profits’ Sharp Drop Bolsters Stimulus Urgency

Profits at China’s industrial firms fell at the sharpest pace since April last year, bolstering the case for urgent measures to lift demand as Beijing rolls out a strong stimulus package.

The Wall Street Journal on MSN · 22h

China’s Industrial Profits Fell in August

China’s industrial profits swung to a decline in August, yet another sign of a broad-based economic slowdown that has already prompted leaders to introduce strong stimulus measures.

17h

China’s Stimulus Blitz: What We Know So Far and What to Expect

China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...

17hon MSN

French tycoon gains $17 billion from China’s economic stimulus push

The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...

19h

China launches late stimulus push to meet 2024 growth target

China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...

China markets blast rocket boosters, pull U-turn with Beijing’s big policy, stimulus plans

Traders see the China market as ripe for the picking, but long-term effects of Beijing’s new stimulus package remain in ...

10h

China stimulus may spur buying in overseas equities, Bank of America says

China’s recent stimulus measures may spur buying in overseas stocks, including in emerging markets and commodities, Bank of ...

21h

China stimulus, mighty gold puts silver on a streak, but not without risk

Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's ...

Observer9h

Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH’s Actual Business Is Another Story

Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant ...

Europe's STOXX 600 at All-Time High as China-Exposed Firms Revel in Stimulus Boost

(Reuters) -Europe's STOXX 600 share index closed at a record high on Friday as companies and sectors exposed to China ...

5hon MSN

China stimulus lifts world stock index; yields dip after US inflation data

A global stock index reached a record high on Friday following China's stimulus boost, while Treasury yields dipped as U.S.

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