Category: Finance
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China’s central bank tries to save the economy
[ad_1] As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration. Officials at the People’s Bank of China (PBoC) at first expressed confidence that deflation was, so to speak, transitory. When it persisted, they worried less about falling prices than about the side-effects of fighting them.…
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Nasdaq and Deutsche Börse raided in EU antitrust investigation
[ad_1] Stay informed with free updates Simply sign up to the EU business regulation myFT Digest — delivered directly to your inbox. Nasdaq and Deutsche Börse have been raided by EU officials investigating whether the exchange groups may have been involved in antitrust violations related to financial derivatives. Late on Monday, the European Commission said…
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Bitcoin price today: flat at $63.6k as rebound peters out, more Fed cues awaited By Investing.com
[ad_1] Investing.com– Bitcoin’s price traded flat on Tuesday as a recent rebound ran out of steam even as capital inflows persisted, with focus turning squarely to a slew of cues on U.S. interest rates due this week. The world’s biggest cryptocurrency had risen after the Federal Reserve cut interest rates last week and announced the…
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Stock market today: US futures tick higher as Fedspeak, China stimulus lift spirits
[ad_1] US stocks inched up before the bell on Tuesday, poised to pick up on a winning streak as pro-rate-cut Fedspeak and China’s launch of aggressive stimulus lifted market spirits. Dow Jones Industrial Average futures (YM=F) rose roughly 0.1%, while S&P 500 futures (ES=F) edged above the flatline on the heels of a record close.…
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Google News
[ad_1] Fed speak, key consumer data, China unveils stimulus package Yahoo Finance [ad_2] Source link
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China unveils raft of stimulus measures to boost flagging economy
[ad_1] 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. The move comes after a series of disappointing data has increased expectations in recent months that…
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China’s stock market surges as central bank unleashes biggest stimulus since pandemic
[ad_1] China’s stock market surged the most in more than two years and industrial commodity prices bounced after Beijing on Tuesday unleashed a swathe of stimulus measures. [ad_2] Source link
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RENEC Lend Announces Limited-Time Airdrop Event for Relend Token (REL) By Chainwire
[ad_1] Vietnam, Vietnam, September 24th, 2024, Chainwire RENEC Lend, a decentralized finance (DeFi) platform backed by the RENEC Foundation, is excited to announce a limited-time airdrop event for its native token, Relend Token (REL). As the anticipated REL listing on and RENEC decentralized exchanges (DEXs) approaches by the end of September, this airdrop offers an…
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South Korea’s central bank chief warns over Gangnam-style housing boom
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s central bank governor has called for a cap on university admissions from Seoul’s most upmarket neighbourhoods as a “drastic solution” to the capital’s runaway housing market. Cut-throat competition among parents for private…
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China’s Economic Stimulus Plan Lifts Asian Stocks: Markets Wrap
[ad_1] (Bloomberg) — Asian stocks advanced after China’s central bank announced stimulus measures in a bid to reach this year’s economic growth target and stem a selloff in the equity market. Most Read from Bloomberg Shares in Hong Kong gained the most, with key benchmarks rallying at least 3%, while onshore Chinese indexes rose more…