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China stimulus lifts world stock index
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.
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 price pressures eased in August.
China stimulus wasn’t enough to convince retail investors to buy Chinese stocks
This week, the Chinese government unveiled a slew of stimulus measures to boost its economy and get national GDP to an annual growth target of 5%.
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.
15h
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 ...
4h
on MSN
China's stimulus may not be enough to prop up its economy, says Wendy Cutler
Wendy Cutler, vice president at the Asia Society Policy Institute, joins CNBC's 'The Exchange' to discuss trade relations ...
15h
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, ...
17h
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 ...
1m
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 ...
Observer
7h
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 ...
7h
Europe's STOXX 600 at all-time high as China-exposed firms revel in stimulus boost
Europe's STOXX 600 share index closed at a record high on Friday as companies and sectors exposed to China continued to rally ...
21h
China Stimulus Likely a Boost for Australia, Chalmers Says
Australian Treasurer Jim Chalmers hailed China’s new stimulus effort as a “really welcome development” for both his nation ...
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