The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s ...
China has unleashed a swath of stimulus measures including cuts to its benchmark interest rate as Beijing battles a slowdown ...
Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors ...
This happened in most recent memory when China lifted its Zero-Covid measures in late 2022. Disillusioned investors piled ...
Most Asian markets built on a global rally Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country's ailing economy.
A move like that is scary to chase, especially in a market as volatile as China’s, where the merest suggestion of regulatory scrutiny or lack of monetary stimulus could reverse things in a hurry. Then ...