China stocks decline amid economic recovery disappointment, while other markets in Asia rise

📆 9-10-2024 07:12:00
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Fumio Kishida Nieuws

Business,World News

Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' expectations, while other markets in Asia are higher.

St. Augustine business owners take steps to ensure property is safe ahead of MiltonMayor Deegan asks residents to be welcoming as Jacksonville hotels fill up with Hurricane Milton evacueesTake a look at some of the discounts on items that will be super helpful around the house and with your beauty routine.Eat out, save big — your new favorite dining hack is hereA person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct.

People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct. 9, 2024, in Tokyo. People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct. 9, 2024, in Tokyo. “Let’s call it what it is — an abject failure — as Chinese shares opened sharply lower, sending a clear signal that the market is no longer buying half-hearted promises,” Stephen Innes of SPI Asset Management said in a commentary.

Australia’s S&P/ASX 200 gained 0.2% at 8,189.70. South Korea’s markets were closed for a public holiday.

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Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans. Hong Kong's Hang Seng sank nearly 6% as traders sold to lock in profits from recent gains. Shares elsewhere in Asia declined. On Monday, U.S.
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