China Market Update: Powell’s Rate Cut Powers Asia & China Higher
Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster ...
China’s Banks Maintain Key Lending Rates as PBOC Stays Put
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus ...
China to Cut Rates on $5 Trillion Mortgages as Soon as September
China is poised to cut interest rates on more than $5 trillion of outstanding mortgages as early as this month, according to people familiar with the matter, as it accelerates a move to reduce the ...
China says will negotiate 'until the last minute' on EU EV probe
Chinese Commerce Minister Wang Wentao said in Brussels on Wednesday that China will continue to negotiate "until the last ...
World Street | S&P 500 at record high, China, BoE keep interest rates steady, and more
Some of the top global developments include US markets ending higher overnight after Fed's 50 bps rate cut booster, followed ...
Fed’s Rate Pivot Seen Driving Outsized Gain in Asian Assets
The Federal Reserve’s shift to interest-rate cuts bodes well for Asian assets as many are underowned, and have better ...
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...
Oil News: U.S. Fed Rate Cut Lifts Prices, But China’s Demand Concerns Linger
Crude oil prices rise after the Fed’s rate cut, but China’s economic slowdown raises concerns about weaker demand, keeping ...
Why The Fed’s Lower Rates Will Boost Small Business Earnings
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...