China, stimulus
China's big-bang stimulus boosts yuan; Aussie firms after RBA
China's yuan hit a 16-month high on Tuesday, after stimulus measures infused broader markets with enthusiasm and boosted the euro, while the Australian dollar touched a 2024 peak after the central bank reiterated its determination to tame inflation.
China just released aggressive measures to boost its economy — but some analysts say it's still not enough
"Today's policy measures are bold by historical standards," Betty Wang, the lead economist at Oxford Economics, wrote in a note on Tuesday.
China unveils raft of measures to boost economy
China's central bank has unveiled a major package of measures aimed at reviving the country's flagging economy. People's Bank of China (PBOC) Governor Pan Gongsheng announced plans to lower borrowing costs and allow banks to increase their lending.
Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus
The Australian dollar rose to its highest level this year on Tuesday as the central bank reiterated its determination to tame stubborn inflation, while the yuan climbed to a 16-month peak after fresh stimulus steps from China.
Asia FX: yuan boosted by China stimulus cheer, Aussie rises before RBA
Investing.com-- Most Asian currencies advanced on Tuesday with the Chinese yuan supported by Beijing announcing more stimulus measures, while the Australian dollar rose in anticipation of hawkish signals from the Reserve Bank.
China unveils fresh stimulus to boost ailing economy
China's central bank on Tuesday unveiled a raft of measures to boost the country's struggling economy as it battles a prolonged property sector debt crisis, continued deflationary pressure and high
China stimulus pushes global shares to new peak, boosts commodities
World stocks hit a record high on Tuesday after China unveiled stimulus measures to support its economy and stock markets, sending Asian and European shares higher and triggering a bounce in commodity prices.
China rolls out broad rate cuts and other stimulus to spur weak economy
China announced a broad range of stimulus measures on Tuesday to support the faltering economy, stabilise the housing sector ...
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China’s retirement age hike insufficient for the nation's pension needs
China’s retirement age hikes are necessary as the population ages, but its people will likely need personal pension plans — ...
China central bank releases slate of support measures amid a deepening economic slump
China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis ...
AMERICAS New highs beckon as China eases, Europe sneezes
With some 75bps of additional Fed easing this year now priced into rate futures and Fed officials sounding dovish, two-year ...
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Australian Dollar and Yuan Surge Amid Central Bank Policies
The Australian dollar reached its highest level of the year as the Reserve Bank of Australia reaffirmed its determination to ...
To woo China, Saudi Arabia may accept yuan for oil
China is keen to internationalize the yuan, which has been chipping away at the US dollar as the go-to global currency for ...
Factbox-China Rolls Out Broad Rate Cuts and Other Stimulus to Spur Weak Economy
China's central bank will cut banks' reserve requirement ratio (RRR) by 50 basis points in the near future, freeing up about ...
China’s yuan gains ground after rate cuts, exporters’ US dollar exodus
Cuts by the Federal Reserve have prompted exporters to convert their US dollar assets into yuan, strengthening China’s ...