Asian stocks slipped Monday in response to a lukewarm reception to China's $839 billion stimulus package.The package, which was approved Friday, was designed to alleviate local government debt but fell short of investor expectations for more substantial economic support.Hong Kong's Hang Seng Index dropped 1.5 percent to 20,426.93, while the Shanghai Composite Index managed a small rebound after early losses, ending the day 0.5 percent higher at 3,470.07.
'While it's a substantial number, the stimulus is less about jump-starting economic growth and more about plugging holes in a struggling local government system.'The latest inflation report in China showed a year-on-year increase of 0.3 percent in October, according to the National Bureau of Statistics.This marks a decline from September's 0.4 percent rise, and puts inflation at its lowest level in four months.US Markets Closed HighU.S.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Asian chip stocks fall on ASML's disappointing forecast, possible U.S. export capShares of Japanese semiconductor manufacturing firm Tokyo Electron logged the biggest loses, dropping nearly 10%.
Sumber: NBCPhiladelphia - 🏆 569. / 51 Baca lebih lajut »
Stock market today: Asian stocks decline as China stimulus plan disappoints marketsAsian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations.
Sumber: wjxt4 - 🏆 246. / 63 Baca lebih lajut »
Stock market today: Asian stocks decline as China stimulus plan disappoints marketsAsian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations.
Sumber: ksatnews - 🏆 442. / 53 Baca lebih lajut »
Stock market today: Asian stocks decline as China stimulus plan disappoints marketsAsian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations. China on Friday approved a 6 trillion yuan plan during a national legislature meeting.
Sumber: AP - 🏆 728. / 51 Baca lebih lajut »
Asian stocks slide as China stimulus disappoints; bitcoin extends record rallyAsian stocks slide as China stimulus disappoints; bitcoin extends record rally
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »
Asia stocks fall as China stimulus disappoints, deflation persistsAsia stocks fall as China stimulus disappoints, deflation persists
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »