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China’s big monetary policy shift spurred a stock surge. But ‘a lot of volatility’ still looms.

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Chinese stocks rallied on Monday after the country signaled a more aggressive approach to stimulus next year. Beijing's top leaders...
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China announces first monetary policy shift since 2010 to spur growth

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BEIJING (Reuters) - China will adopt an "appropriately loose" monetary policy next year as part of steps to support economic...
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Moody’s credit rating upgrade for Cyprus opens the door to investment, president says

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NICOSIA, Cyprus (AP) — Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality...
Bussiness

US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts

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(Bloomberg) — Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a...
Bussiness

China’s Stimulus Aims to Boost Consumption, Top Official Says

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(Bloomberg) -- China’s recent rollout of stimulus is centered around lifting domestic demand and hitting the nation’s annual growth goal,...
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‘Shock-prone world’ highlights need for productivity: Bank of Canada governor

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OTTAWA — Bank of Canada governor Tiff Macklem says the world has become more prone to supply shocks which create...
Sports

Will Harris or Trump face a ‘fiscal armageddon’ once elected?

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If elected, will Vice President Kamala Harris or former President Donald Trump have to face a ‘fiscal armageddon’ in America’s future? It’s not out...
Bussiness

China Finance Minister Plans Briefing as Investors Seek Stimulus

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(Bloomberg) -- China announced it would hold a briefing on fiscal policy on Saturday as investors look for additional measures to stimulate the world’s...
Bussiness

New Zealand PM Eyes Economic Rebound After Tough First Year

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(Bloomberg) -- New Zealand Prime Minister Christopher Luxon can look forward to falling interest rates fueling an economic recovery in 2025 after a turbulent...
Bussiness

Analysis-China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen

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By Kevin YaoBEIJING (Reuters) - Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target...

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