Rising protectionism globally and a deeper trade war with the US may give China the much-needed push to bolster domestic consumption, said Weijian Shan, who chairs one of Asia’s largest alternative asset managers.
3 min read31 Oct 2024Debt restructuring is a central part of Beijing’s stimulus package. It demands investor patience and sophistication.
3 min read22 Oct 2024Oil declined after China’s highly anticipated Finance Ministry briefing on Saturday lacked specific new incentives to boost consumption in the world’s biggest crude importer.
1 min read15 Oct 2024Investors drove massive inflows into exchange-traded funds that buy Chinese stocks last week on optimism over additional fiscal stimulus, even as local shares came off the highs reached the week before.
2 min read14 Oct 2024China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped the market following a world-beating rally will likely extend.
4 min read14 Oct 2024China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating that the volatility that’s gripped the market following a world-beating rally will likely extend.
4 min read13 Oct 2024China may deploy as much as 2 trillion yuan ($283 billion) in fresh fiscal stimulus as Beijing seeks to shore up the world’s No. 2 economy and boost confidence, investors and analysts said.
4 min read11 Oct 2024The bank said the enhanced paternity and adoption leave benefits will be effective 1 September, helping its employees give more equitable caregiving responsibilities for their children.
1 min read31 Aug 2023The government’s fiscal deficit for the last financial year ended March 31, 2023 narrowed to 6.4 percent of gross domestic product (GDP),
2 min read31 May 2023U.K. central bank expects economy to grow this year, having previously forecast contraction
3 min read11 May 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared