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, Trump
Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following ...
Executives at Chinese state-owned banks probably have one of the financial world's most thankless jobs. Beijing has loosened ...
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 ...
Hong Kong's Hang Seng Index closed 1.45% lower at 20426.93 on Monday. The lack of clarity on Trump's next steps as U.S.
Lorraine Tan of Morningstar says China growth will come in between 4% to 5% this year, missing Beijing's target, although she ...
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