Oil Prices Hold Their Ground After Falling on China Stimulus
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
China needs more effective incremental stimulus to invigorate its economy, economists said, as the newly announced 6 ...
Executives at Chinese state-owned banks probably have one of the financial world's most thankless jobs. Beijing has loosened ...
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
(Reuters) - Oil prices were little changed on Tuesday, awaiting further price direction from OPEC's monthly report, while ...
The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...
The package, which was approved Friday, was designed to alleviate local government debt but fell short of investor expectations.
Bloomberg on MSN4d
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for TrumpChina gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new ...
Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S.
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