China Finance Minister Plans Briefing as Investors Seek Stimulus

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 93 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 69%
  • Publisher: 63%

Bloomberg Nachrichten

State Council Information Office,Fiscal Policy,China

(Bloomberg) -- China announced it would hold a briefing on fiscal policy on Saturday as investors look for additional measures to stimulate the world’s No. 2...

-- China announced it would hold a briefing on fiscal policy on Saturday as investors look for additional measures to stimulate the world’s No. 2 economy.Should Evictions Be Banned After Hurricanes and Climate Disasters?

“Markets continue to swing between disappointment and hope for fresh, meaningful fiscal stimulus that would have a greater impact on business sentiment and employment,” said Fiona Lim, senior currency strategist at Malayan Banking Bhd. “That said, the sense of urgency at the top is clear and recent monetary easing and housing measures were also sizable. As such, it is worthwhile to be cautiously optimistic at this stage.

Banks including Morgan Stanley and HSBC Holdings Plc expect 2 trillion yuan in stimulus, while Citigroup Inc. put the amount at 3 trillion yuan. Economists have speculated measures such as support for local government financing, infrastructure investment, a consumption boost and bank recapitalization.

Adding to the frenzy of action aimed at stabilizing growth, the Chinese central bank on Wednesday said it held its first joint meeting recently with the Ministry of Finance about diversifying the monetary policy toolbox and “gradually” increasing the monetary authority’s sovereign bond trading in the open market.

Aspo PlcInside information Stock Exchange ReleaseOctober 9, 2024 at 09.45 am Inside information: Aspo subsidiary ESL Shipping builds a series of fossil free handy sized vessels to serve the Nordic green transition ESL Shipping, a subsidiary of Aspo Group, builds a series of four new, fossil free handy sized vessels. These new 1A ice class vessels are top of the market in terms of cargo capacity, technology and innovation.

UK politics live: Starmer to face grilling on Labour turmoil in PMQs after surprise Tory leadership resultWe recently compiled a list of the 10 stocks that will make you rich in 5-10 years. In this article, we are going to take a look at where Royal Caribbean Cruises Ltd. stands against the other the Stock That Will Make You Rich in 5-10 Years.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

China's Former Finance Minister Acknowledges Crypto Potential, Sparking Policy Shift SpeculationThe recent statement from China's former finance minister acknowledging the importance of cryptocurrencies for the digital economy has ignited speculation about a potential shift in the country’s stringent stance on Bitcoin and other digital assets. This comes after years of harsh regulations that led to a significant decline in crypto activities within China.
Herkunft: CryptoAmb - 🏆 22. / 68 Weiterlesen »

Brazil economy to grow at least 3% this year, finance minister saysBrazil Finance Minister Fernando Haddad said on Wednesday that the government is expected to raise its annual economic growth forecast to above 3%, up from...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Energy minister says public money could help finance Alberta energy cleanupEDMONTON — Alberta's energy minister is promising strong action to clean up the province's growing backlog of unreclaimed oil and gas sites.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Energy minister says public money could help finance Alberta energy cleanupEDMONTON — Alberta's energy minister is promising strong action to clean up the province's growing backlog of unreclaimed oil and gas sites.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

Freeland says she is 'not going anywhere' after Conservatives call her 'phantom finance minister'Deputy Prime Minister Chrystia Freeland declared she is 'not going anywhere' when pushed by the Conservatives on Monday about her future as finance minister.
Herkunft: CTVNationalNews - 🏆 82. / 51 Weiterlesen »

Public money could help finance Alberta oil and gas site cleanups: Energy ministerThe issue of how to fund cleanups at a time when conventional oil and gas is declining has brought the Alberta government into conflict with landowners and rural municipalities.
Herkunft: GlobalCalgary - 🏆 50. / 61 Weiterlesen »