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China's exports, imports slump narrows in Sept in boost to recovery prospects

BEIJING (Reuters) -A mixed batch of Chinese data on Friday showing a narrowing slump in merchandise trade and the persistence of deflationary pressures underlined the challenges policymakers face in trying to engineer a durable economic recovery. China's raft of policy support measures over recent months have begun to stabilise some parts of the world's second-biggest economy, but a long-running property crisis, a slowdown in global growth and geopolitical tensions remain a drag on br...
United States Ellen Zhang Liangping Gao Joe Cash Shri Navaratnam Administration Of Customs
Source: yahoo.com

China cuts key rates as weak batch of July data darken economic outlook

BEIJING (Reuters) -A broad array of Chinese data on Tuesday showed the economy slowed further last month, intensifying pressure on already faltering growth and prompting authorities to cut key policy rates to shore up activity. Less than an hour before the release of a batch of July data, China's central bank unexpectedly cut key policy rates for the second time in three months, underlining the rapid loss of the post-COVID economic rebound that has shaken global financial markets. Industr...
Julian Evans Pritchard Ellen Zhang Albee Zhang Fu Linghui Liangping Gao Kevin Yao
Source: yahoo.com

Oil Holds Decline as China Concerns Escalate and Dollar Advances

(Bloomberg) -- Oil was steady after a loss on Monday on concerns around the health of the Chinese economy and an elevated dollar.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Election With Primary WinWest Texas Intermedia...
United States Saudi Arabia United Kingdom Janet Yellen Bloomberg Businessweek International Energy Agency
Source: yahoo.com

China cuts key rates as weak batch of July data darkens economic outlook

BEIJING (Reuters) -A broad array of Chinese data on Tuesday highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity but analysts say more support is needed to revitalise growth. Just before the release of a batch of July data, China's central bank unexpectedly chopped one set of key interest rates, and followed it with cuts on other rates hours later, underlining the rapid loss of the post-COVID economic rebound ...
Julian Evans Pritchard Robert Carnell Kevin Yao Liangping Gao Ellen Zhang Shri Navaratnam
Source: yahoo.com

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