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Charting the Global Economy: Inflation Picks Up in US, Tokyo

(Bloomberg) -- US underlying inflation picked up along with consumer spending as the third quarter drew to a close, government figures showed ahead of the Federal Reserve’s penultimate policy meeting of the year.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventCanada Plans College Crackdown Amid Foreign Student TroublesHouse Speaker Mike Johnson’s First Big Bill Cut...
United States United Kingdom South Korea Maya Averbuch Erica Yokoyama Alexander Weber
Source: yahoo.com

China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps

(Bloomberg) -- Chinese President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making a series of rare policy moves to boost the economy while refraining from massive stimulus.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for Fi...
Lu Ting Jia Dongxu Adam Wolfe Zhu Lin Bloomberg Businessweek Fran Wang
Source: yahoo.com

Will Xi Jinping's Gamble on Vladimir Putin Pay Off?

(Bloomberg) -- The last time Vladimir Putin set foot on Chinese soil he went home with the promise of a “no limits” partnership from President Xi Jinping. Less than a month later he launched the invasion of Ukraine. He is set to return to Beijing this week in a diminished state, needing the economic support of China and a route out of his self-inflicted political isolation. Most Read from BloombergIsrael Latest: Biden to Visit; Strikes on Hezbollah TargetsYour Guide to Understandin...
Israel General United States Saudi Arabia Chang Shu Valdis Dombrovskis Jill Elaine Disis
Source: yahoo.com

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China Frees Detained Australian in Sign of Improving Ties

(Bloomberg) -- Journalist Cheng Lei has returned to Australia after her release from about three years of detention in China, in a major sign of diplomatic warming after years of tensions between the nations.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictIsrael Latest: Hezbollah, Israel Trade Fire on Lebanon BorderAfghanistan&#...
Jing Li United States Australian Capital Territory Xiao Qian New South Wales Scott Morrison
Source: yahoo.com

China Cuts Bank Reserve Requirements to Aid Fiscal Stimulus

(Bloomberg) -- China’s central bank cut the amount of cash lenders must hold in reserve for the second time this year, a move that will help banks support government spending to stimulate the slowing economy.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleCiti Plans Job Cuts as It Revamps Top Management StructureEC...
Becky Liu Duncan Wrigley Tom Hancock Zhang Zhiwei Yujing Liu Fran Wang
Source: yahoo.com

Venezuela's Maduro Visits China for Economic Help Before Vote

(Bloomberg) -- Venezuela’s Nicolás Maduro will arrive in China on Friday as he tries to secure financial support from President Xi Jinping’s government before a presidential election. Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaHong Kong Shuts Down City After Heaviest Rainfall On RecordChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame t...
United States Delcy Rodriguez Dilma Rousseff Fran Wang Joe Biden Colum Murphy
Source: yahoo.com

Venezuela's Maduro Visits China for Help Before Election

(Bloomberg) -- Venezuela’s Nicolás Maduro arrived in China on Friday as he tries to secure financial support from President Xi Jinping’s government before a presidential election. Most Read from BloombergHong Kong Extends Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With China‘Blame ...
United States Bloomberg Businessweek Pedro Tellechea Wang Yi Colum Murphy Dilma Rousseff
Source: yahoo.com

China Banks to Cut Rates on Mortgages, Deposits in Stimulus Push

(Bloomberg) -- China’s largest banks are preparing to cut interest rates on existing mortgages and deposits, the latest state-directed measures to shore up growth in the world’s second-largest economy.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsPutin Agrees to Visit China in First Trip Since Arrest WarrantAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against D...
Jing Zhao Hong Kong Bloomberg Businessweek Fran Wang Lucille Liu Emma Dong
Source: yahoo.com

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