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Bitcoin Swings on X Posts; Asia Stocks Look Mixed: Markets Wrap

Bitcoin Swings on X Posts; Asia Stocks Look Mixed: Markets Wrap
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

PBOC will stick to loose policy

Agencies China s central bank signaled that it s prepared to keep policy loose by lowering the amount of money banks must keep in reserve, r.

China factory activity: China factory activity posts worst contraction in six months

The official manufacturing purchasing managers index declined to 49, the National Bureau of Statistics said in a statement on Sunday.

China s Industrial Profits Jump Though Deflation Woes Linger

(Bloomberg) China’s industrial profits soared in November, helped by favorable year-ago comparisons and a raft of stimulus measures aimed at reinvigorating an economy that has struggled with deflationary concerns.Most Read from BloombergTesla Plans Revamp of Smash Hit Model Y From China PlantApple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI DevicesHow Were So Many Economists So Wrong About the Recession?Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker

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