China stock rally fizzles as stimulus news disappoints
A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the country's ailing economy disappointed investors. Shares had jumped by over 10% as trading restarted after the Golden Week holiday but fell back after a news conference by the country's economic planners.
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly ...
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TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan ...
China's stock rally could extend another 15% to 20%, Goldman Sachs says. China's equity indexes have jumped dramatically ...
Investors in Hong Kong have bet a record amount on exchange-traded funds that profit when stocks decline, showing how quickly ...
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The S&P 500 was 0.1% higher in morning trading and drifting close to its all-time high set last week. The Dow Jones ...
The Dow Jones Industrial Average surged 431.63 points, or 1.03% to end the session at a record high of 42,512. The S&P 500 ...
Investors had hoped China's state economic planning body, would roll out more detailed stimulus measures on Tuesday.
China's main economic problem lies in its extremely imbalanced drivers of growth, Capital Economics' chief Asia economist ...
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