[ad_1] Chinese stocks listed onshore slumped at the open amid skepticism about Beijing’s stimulus plans and signs of weakness in holiday-spending data. The benchmark CSI 300 Index dropped as much as 5.1% in early trading, set for its first loss in 11 days. A gauge of Chinese companies listed in the US had slid 6.9% […]
China holiday spending lags pre-Covid era, showing stimulus need – CNBC TV18
[ad_1] Chinese tourists shelled out less money during their long holiday that ended Monday than before the pandemic, even as signs emerged that spending is stabilizing after a barrage of stimulus recently unveiled by the government. While travelers made 10.2% more trips during the Golden Week break than in 2019, spending only increased by 7.9%, […]
China’s stimulus is not enough to boost growth, says Morgan Stanley’s Chetan Ahya – CNBC TV18
[ad_1] Morgan Stanley remains underweight on China as the stimulus is not enough to stimulate growth, says Chief Asia Economist and Emerging Markets, Chetan Ahya. More evidence of fiscal expansion aimed at boosting consumption is needed before the firm reconsiders its stance on China’s ability to overcome deflation risks, he said. Ahya also shared his […]
5 market forces to watch this week: West Asia tensions, RBI Policy, FPI flows & more – CNBC TV18
[ad_1] SUMMARY After enduring its worst week in two years, with major indices plummeting under the weight of global uncertainty, Indian markets are bracing for a volatile week ahead. With West Asia tensions intensifying, crude prices climbing, and significant foreign portfolio investor (FPI) outflows, the coming days will be crucial. The Reserve Bank of India’s […]
Market forces to watch this week: West Asia tensions, RBI Policy, FPI flows & more – CNBC TV18
[ad_1] After enduring its worst week in two years, with major indices plummeting under the weight of global uncertainty, Indian markets are bracing for a volatile week ahead. With West Asia tensions intensifying, crude prices climbing, and significant foreign portfolio investor (FPI) outflows, the coming days will be crucial. The Reserve Bank of India’s (RBI) […]
S&P cautious on China’s growth outlook – CNBC TV18
[ad_1] As China unveils its latest stimulus measures aimed at boosting consumption, economists are cautiously optimistic but uncertain if this will be the turning point for the nation’s economy. Louis Kuijs of S&P Global Ratings expressed caution in altering China’s growth outlook, noting that while recent monetary easing efforts are a positive sign, they are […]
Chinese stocks soar most since 2015, heading for a bull market – CNBC TV18
[ad_1] Chinese shares look poised to enter the bull market, after authorities rolled out fresh property easing steps as part of a stimulus package unveiled last week. The benchmark CSI 300 Index rose as much as 6.2% in early Monday trading, the most since 2015 and taking its gains to over 20% from a low […]
Top stories: Nifty hits record high, Israel-Hezbollah conflict escalates, SEBI FPI reforms, Gates’ exclusive and more – CNBC TV18
[ad_1] In a day packed with financial and geopolitical developments, the Nifty hit a record high, surpassing the 26,000 mark for the first time after 38 sessions of gains, while the Sensex crossed the 85,000 milestone. Asian markets saw a boost following China’s largest stimulus package since the pandemic, with Indian metal stocks also gaining. […]
China stimulus package: Watch out for three important economic data tomorrow – CNBC TV18
[ad_1] Not the US Federal Reserve, but China may hold the cards to the next surprise for global markets. At this stage, even a modest growth target of 5% seems tough for the world’s second largest economy, triggering expectations of a stimulus from the Xi Jinping administration. Three data points tomorrow may act as a […]