China’s recent efforts to shore up markets underpin sentiment on global markets
World stocks rallied on Monday, with sentiment supported by China’s efforts to shore up its battered markets and lift confidence towards the world’s No.2 economy.
Beijing at the weekend introduced a slew of measures to shore up the market, such as halving stock trading stamp duty, loosening margin loan rules and putting the brakes on new listings. “September will reveal the true underlying sentiment in markets,” said Nordea chief markets strategist Jan von Gerich.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Premarket: World shares rally as China offers markets a handU.S. payrolls, EU inflation, China PMI due this week
Lire la suite »
China's 'aggressive behaviour' in South China Sea must be challengedMANILA (Reuters) - China's
Lire la suite »
Raimondo: crucial US, China have stable economic relationshipBEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo opened talks with Chinese government officials on Monday saying it is 'profoundly important' the world's two largest economies have a stable economic relationship. Raimondo is looking to boost business ties as U.S. firms have reported increasing challenges with operating in China, while China has sharply criticized U.S. efforts to block China's access to advanced semiconductors. Raimondo said the entire world expects the United States and China will have a stable economic relationship; the two countries share more than $700 billion in annual trade.
Lire la suite »
A historic day for African basketball, with South Sudan and Cape Verde getting World Cup winsSouth Sudan, the world’s youngest country, and Cape Verde pick up World Cup wins
Lire la suite »
China Cuts Tax on Stock Trading to Boost Market ConfidenceChina lowered the stamp duty on stock trades for the first time since 2008, marking a major attempt to restore confidence in the world’s second-largest equity market.
Lire la suite »
China halves stamp duty on stock trades to boost flagging marketBEIJING (Reuters) - China halved the stamp duty on stock trading effective Monday in the latest attempt to boost the struggling market as a recovery ...
Lire la suite »