SINGAPORE - China helped Asian stocks rise from 11-month lows on Wednesday as investors cheered the approval of a trillion-yuan sovereign issue as a harbinger of stimulus, while theMSCI's broadest index of Asia-Pacific shares outside Japan, which hit its lowest since last November on Tuesday, rose 0.6% and the
"Government expenditure will help the economy to stabilise further and strengthen growth in the fourth quarter," said Steven Leung, executive director of institutional sales at broker UOB Kay Hian in Hong Kong. The Australian dollar was the standout gainer, rising more than 0.5% to touch a two-week high of $0.64.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks rise, China in the lead on new stimulus plansAsian stocks rise, China in the lead on new stimulus plans
Source: Investingcom - 🏆 450. / 53 Read more »
Asian stocks dip on weak PMIs, China rebounds as state steps inAsian stocks dip on weak PMIs, China rebounds as state steps in
Source: Investingcom - 🏆 450. / 53 Read more »
China’s Finance Ministry: China and US had in-depth, candid and constructive discussionsChina’s Finance Ministry said on Tuesday that ”two sides had in-depth, candid and constructive discussions on the macroeconomic situation and policies
Source: FXStreetNews - 🏆 14. / 72 Read more »
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%. Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong. U.S. futures and oil prices rose.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
Source: ksatnews - 🏆 442. / 53 Read more »