Category: Briefing
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China’s briefing on stimulus gets lukewarm investor reception
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SINGAPORE (Reuters) – China said on Saturday it would significantly increase government debt issuance to provide support to low-income people, support the property market and replenish state banks’ capital as part of its efforts to revive faltering economic growth. Finance Minister Lan Fuan told a news conference that there would…
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The @Newsquawk Europe Market Open: China finance briefing, ECB and Fed speakers ahead
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Full note ? Asia-Pacific stocks traded mixed, initially benefiting from a technology-led rally on Wall Street, while China’s upcoming fiscal policy summary looms. ?Main developments: The Chinese Ministry of Finance will hold a press conference on October 12 to explain the fiscal policy adjustments. The Reserve Bank of New Zealand…
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China Stimulus Hopes Rise as PBOC Cuts Rate, Plans Briefing
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China announced plans for a rare economic briefing by three top financial regulators as it cut one of its short-term interest rates, raising speculation that officials are preparing to step up efforts to revive growth. Most Read from Bloomberg Authorities announced Monday that central bank governor Pan Gongsheng would hold…
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US lawmakers ask FBI for briefing on GenScript Biotech’s links to China By Reuters
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Written by Karen Freifeld (Reuters) – The U.S. House Committee on China has asked the FBI and intelligence agencies to provide a briefing on biotech company GenScript and three subsidiaries to determine whether the Chinese Communist Party has influence over their operations. In a letter dated May 30 to the…