Live news: Chinese stocks rise after Beijing embraces looser monetary policy

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Chinese stocks rise after Beijing embraces looser monetary policy

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Share $ on Facebook Big share price moves in Europe today include French luxury group Kering, UK online fashion retailer Boohoo and London-listed pizza group Domino’s:Shares in the French luxury conglomerate rose 4.6 per cent after China’s government announced economic stimulus measures, boosting a strategically important market for the Gucci owner. Rival luxury groups Christian Dior and LVMH rose 3.7 per cent and 3.3 per cent, respectively.Shares in the UK online fashion retailer rose 1.

It is up to this group to demonstrate its sincere willingness to distance itself from extremism, Islamism and jihadism during this . . . transition that allows all Syrian minorities, to whom we are deeply committed, to fully participate. Share $France will support Syria’s transition only if minorities are respected, says foreign minister on LinkedIn European stocks opened higher on Monday, following Asian markets, as investors monitored developments in the Middle East after the overthrow of the Assad regime in Syria.

Israeli warplanes had conducted numerous sorties against such “strategic weapons” since the rebel offensive began less than two weeks ago, said a person familiar with developments inside the country. Such capabilities “should not fall into the wrong hands,” they added. “There’ll be a combination of relief but great uncertainty as to what the future will bring,” Pat McFadden told Sky News on Monday.

Share $Markets update: Hong Kong and South Korean equities decline on Facebook South Korea’s office for investigating high level corruption is seeking a travel ban on President Yoon Suk Yeol, the agency’s chief prosecutor told a parliamentary hearing on Monday, following Yoon’s failed attempt to impose military rule last week.

Prices for Brent crude futures, the international oil benchmark, rose 0.5 per cent to $71.50 a barrel, while West Texas Intermediate, the US benchmark, climbed 0.6 per cent to $67.58 a barrel.

The country’s producer price index, which measures the prices of goods sold by Chinese manufacturers, declined 2.5 per cent. A Reuters poll of economists forecast a 2.8 per cent drop. China’sBeijing unleashed a raft of stimulus measures in the past few months that have included loosening monetary policy, easing restrictions on homebuying and reductions to local government debt burdens.

“Secretary Austin and Minister Guler both reaffirmed the importance of close coordination between the United States and Turkiye to prevent further escalation of an already volatile situation as well as to avoid any risk to U.S. forces and partners, and the Defeat-ISIS Mission,” the Pentagon said on Sunday.

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