Page 6 - Dong Chen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- China’s central bank ramped up its monetary stimulus to help spur the economy amid signs of a weakening property market, a slump in business investment and record joblessness among young people. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin

Asian markets rose Thursday after the Federal Reserve decided against hiking interest rates and China's central bank cut borrowing costs as officials look to kickstart the struggling economy.

Asian markets rose Thursday after the Federal Reserve decided against hiking interest rates and China's central bank cut borrowing costs as officials look to kickstart the struggling economy. Traders are now looking ahead to a policy decision by the European Central Bank later Thursday, with another hike expected.

Stocks rose Thursday after the US Federal Reserve decided against hiking interest rates, while China’s central bank cut borrowing costs

The role of technological innovations in boosting economic growth and accelerating the formation of resilient and futureproof digital societies was explored at the Digital Economy Summit (DES) 2023.