ASIA STOCKS: Asian Equities Slightly Higher, China Lowers LPRs
1 day ago · ASIA STOCKS. Asian equities have made modest gains so far this morning, with China’s CSI 300 up 0.30% as banks cut benchmark lending rates. South Korea, Taiwan, and Australia equities are all trading trading slightly higher while Japan had mixed performance. Gold surged to a record high amid Middle East tensions, while silver, palladium, and ...
EQUITIES: Asian Equities Edge Higher, Tech Outperforming Ahead …
1 day ago · Most Asian equity markets are trading higher today with gains seen in South Korea, Taiwan, Australia, China, while Japanese equities are mixed, Hong Kong equities are the worst performing across the region. Chinese stocks rose after banks cut lending rates to support economic growth, with the CSI 30...
ASIA STOCKS: Further China Stimulus & Strong Tech Results Spur …
Sep 25, 2024 · Asian stocks rallied on Thursday, driven by renewed enthusiasm in the tech sector after strong revenue forecasts from Micron. The weakened yen further boosted Japanese stocks, while Chinese markets gained as the government introduced new stimulus measures, including one-off cash handouts for the poor ahead of the National Day holidays.
ASIA STOCKS: Asian Equities Mixed, China Data Exceeds Expectations
4 days ago · Asian equities are mixed today, with Chinese stocks leading the gains after the PBOC introduced a relending mechanism to support share buybacks. Chinese economic data for September exceeded expectations, adding to the positive sentiment. The MSCI Asia Pacific index gained 0.9%, led by Taiwan and TSM...
ASIA: Asian Equities, Tracking Gains In The US, China Returns …
Oct 6, 2024 · Asian stocks advanced broadly on Monday, buoyed by optimism following stronger-than-expected U.S. job data. The U.S. labor market's resilience has raised hopes for a soft landing and fueled Wall Street's rally, which spilled over into Asian markets.Goldman Sachs upgraded Chinese equities to "overwei...
MNI BRIEF: China Oct LPR Reduced By 25bp
1 day ago · MNI (BEIJING) - China's Loan Prime Rate fell 25 basis points on Monday according to a People's Bank of China statement, an expected move after the central bank cut the 7-day reverse repo rate by 20bp last month. The one-year LPR was reduced to 3.1% from 3.35%, while the five-year plus maturity fell to 3.6% from 3.85%.
ASIA STOCKS: Chinese Equities Surge Following Further Stimulus …
Sep 29, 2024 · Asian markets are trading mixed today with Chinese equities have surging again today with property shares experienced a significant rally. The Bloomberg property gauge is up 14% after Shanghai, Shenzhen, and Guangzhou eased homebuying restrictions as part of the government's efforts to stabilize the struggling real estate sector.
MNI China Press Digest Oct 9: Growth, Stock Market, Sino-U.S.
MNI China Press Digest Oct 9: Growth, Stock Market, Sino-U.S. MNI picks key stories from today's China press. Authorities must accelerate the implementation of additional policies to stabilise the economy, ensuring measures already announced take effect while introducing more specific measures as soon as possible, said Premier Li Qiang during a ...
EMERGING MARKETS: Global news: October 08
Oct 8, 2024 · EMERGING MARKETS: Global news: October 08. US (MNI) – Federal Reserve Governor Adriana Kugler said Tuesday she favours lowering interest rates if inflation continues to fall as expected and added she's closely monitoring the economic effects from Hurricane Helene and geopolitical events in the Middle East for their impact on the US economy.
ASIA STOCKS: Asian Equities Mixed With Most Markets Out For …
Sep 15, 2024 · Asian markets are experiencing mixed trading as investors react to disappointing Chinese data, Typhoon Bebinca while liquidity is poor with majority of Asia out on public Holidays. Looking ahead it is busy week for central bank decisions with the Fed the most closely watched followed by BoJ & BoE, w...