Tag: fiscal stimulus
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Stock market today: S&P 500, Nasdaq futures lose grip on records as Trump trade fizzles
US stocks struggled to hold near record highs on Friday, with the Nasdaq slipping as post-election euphoria ebbed and China's...
China raises local government debt ceilings to revive economy
SINGAPORE/SHANGHAI (Reuters) - China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion...
Investors Dial Back ‘Trump Trades’ as Policy Doubts Seep In
(Bloomberg) -- After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they...
China Stimulus Optimism Lifts Emerging Markets After Trump Win
(Bloomberg) -- Emerging-market assets advanced Thursday as optimism over China’s stimulus prospects pushed stocks higher even as traders recalibrated their...
China’s economy set to grow 4.8% in 2024, missing target: Reuters poll
By Kevin YaoBEIJING (Reuters) - China's economy is likely to expand 4.8% in 2024, undershooting the government's target, and growth could cool further to...