Why Chinese Stocks PDD Holdings, Baidu, and JD.com Rocketed Higher This Week
Shares of Chinese consumer stocks PDD Holdings (NASDAQ: PDD), Baidu (NASDAQ: BIDU), and JD.com (NASDAQ: JD) rallied big this week, up 29.5%, 18.9%, and 33.1%, respectively, through Thursday trading, ...
Europe's STOXX 600 at all-time high as China-exposed firms revel in stimulus boost
Europe's STOXX 600 share index closed at a record high on Friday as companies and sectors exposed to China continued to rally ...
US rate cut, China stimulus spark hope for more Asia private equity deals
U.S. interest rate cuts and China's economic stimulus package for markets will be conducive to private equity deals in Asia, ...
Stocks rise on US inflation data, China stimulus; yields dip
Global stock indexes hit all-time highs on Friday after China's central bank lowered interest rates and injected liquidity ...
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China central bank lowers interest rates
China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a ...
India reduces export duty on parboiled rice to 10% from 20%, government order says
India on Friday reduced export duty on parboiled rice to 10% from 20% earlier, the government said in a notification.
Rate cuts set gold on track for best quarter in eight years
Gold prices were heading for their best quarter in more than eight years on Friday, having hit a series of record highs in ...
White House urges union, employers to negotiate for new ports contract
The Biden administration is urging the union and employers to negotiate in good faith and quickly to reach a new contract ...
Oil steady but set for weekly drop on higher supply outlook
Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global ...
Clock is ticking for US recession, return of Fed's QE, says black swan fund
The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial ...
Setback For Xi Jinping's Military Ambitions? China's Newest Nuclear-Powered Submarine Reportedly Sank Earlier This Year, Says US Official
A senior U.S. defense official revealed on Thursday that China’s latest nuclear-powered attack submarine sank earlier this year. The incident reportedly occurred between May and June.
China ETFs set for best week on record after Beijing fires policy ‘bazooka’ to boost economy. Is it time to jump in?
In this edition, we look at China-related ETFs and emerging-market funds — which have surged over the past week after Beijing ...