Category: Markets
Market news from the east.
Scores of Chinese Stocks Removed From MSCI Index
MSCI is removing dozens of Chinese companies from its global benchmarks following a broad market decline. The index provider deleted 66 Chinese stocks from the indexes, the [more…]
PBOC Cuts Reserve Ratio By 50 Basis Points
Starting on February 5, the reserve requirement ratio (RRR) for financial institutions will be lowered by 0.5 percentage points by the Chinese central bank, resulting [more…]
New Stock Market Stabilization Measures Discussed
Early on Tuesday, Chinese stocks surged as policymakers discussed a set of steps to steady the falling market. Authorities are attempting to raise roughly 2 trillion [more…]
Premier Li Qiang: China GDP Grows 5.2%
According to Premier Li Qiang’s statement on Tuesday at the World Economic Forum in Davos, Switzerland, China’s GDP is predicted to rise by 5.2% in [more…]
China Foreign Investment Goes Negative For The First time
China’s foreign investment was negative $11.8 billion in the third quarter, marking the first outflow in the country’s foreign investment since 1998. Higher interest rates [more…]
New Stock Stabilization Fund Considered by China
According to a Thursday report by Bloomberg News, China is considering setting up a state-backed stabilisation fund to support investor confidence in its equity markets. [more…]
