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Chinese yuan surged to a 16-month high
Chinese Shares and the Yuan Pump Amid Details of Further Stimulus
Dollar-yuan moved below ¥7 and the Hang Seng reached above 20,000 on 26 September after a very strong improvement in sentiment.
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar level since May 2023.
Chinese yuan hits strongest level against the dollar in 16 months
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy.
Indexes rally on China stimulus, promising labor-market data
China's new stimulus plans make a splash in global markets
China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the world's second-largest economy out of the deflationary funk that has shaken global currency and equity markets this year.
Stock market today: Wall Street follows global markets higher on reports of more China stimulus
Wall Street is trading higher before the opening bell, following global markets that surged on reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks and
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further invigorate the country's sluggish economy.
Business Recorder
4h
China’s yuan skips the stimulus party as state banks sell
SHANGHAI/BEIJING: China’s yuan has stayed steady through a week that saw authorities roll out massive stimulus ...
2d
on MSN
Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
2d
on MSN
Yuan boosted as China unleashes stimulus
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
The Globe and Mail
13h
China’s FX conundrum mutes stimulus optimism
And then the
yuan
got another boost this week, as Beijing rolled out a series of liquidity, monetary and fiscal
stimulus
...
5h
China stimulus revives hopes for economy, CSI 300 Index sees best week since 2008
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments ...
7h
China launches late stimulus push to meet 2024 growth target
BEIJING, Sept 27 (Reuters) - China's central bank on Friday lowered interest rates and injected liquidity into the banking ...
10h
Debt Supply Risk Looms for China Bonds on Fiscal Stimulus Plan
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
1d
Why China's new stimulus bazooka isn't enough to fix the nation's housing crisis
China's latest attempt to prop up the economy includes mortgage rate and down payment reductions. But JPMorgan doesn't see it ...
5h
on MSN
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
9h
China ramps up stimulus to prop struggling economy, announces more interest rate cuts
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of fresh fiscal ...
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