Tag: Bank of China
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China’s Sweeping Stimulus Plan Lifts Asian Stocks: Markets Wrap
(Bloomberg) -- Asian stocks rose after China’s central bank announced stimulus measures in a bid to reach this year’s economic growth target and stem...
China Stimulus Hopes Rise as PBOC Cuts Rate, Plans Briefing
(Bloomberg) -- China announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its...
Morning Bid: Taking stock after Fed glow, Japan/China hold
A look at the day ahead in U.S. and global markets from Mike DolanAfter a roaring Thursday that saw Wall Street stocks lap up...
China’s Unworkable Housing Rescue Math Is Prolonging the Crisis
(Bloomberg) -- In May, China’s central government urged more than 200 cities to buy unsold homes to ease oversupply. More than three months later,...