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China stimulus lifts world stock index
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.
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.
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.
China, Asia
S&P 500: China Stimulus And Strengthening U.S. Labor Market
The China stimulus and the strengthening US labor market likely delay a recession and a recessionary bear market. Read what investors need to knokw.
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
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.
China, industrial profits
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.
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.
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 ...
17h
on 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, ...
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 ...
3h
S&P 500 Gains and Losses Today: Casino Stocks Jump as China Stimulus Lifts Outlook
The S&P 500 ticked down 0.1% on Friday, Sept. 27, 2024, as investors digested the latest inflation data revealing consumer ...
1d
China's surprise stimulus could be a red flag, so investors should approach the nation's long-awaited rally with caution
Chinese stocks have caught fire after a new round of stimulus, but some say the rally may be short-lived. Here's how to ...
16h
US rate cut, China stimulus spark hope for more Asia private equity deals
U.S. interest rate cuts and China's economic stimulus package for markets will be conducive to private equity deals in Asia, ...
5h
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 ...
Observer
9h
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 ...
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