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Shanghai, Hong Kong rally on China stimulus hopes, Asian markets mixed - Vimarsana News

Shanghai, Hong Kong rally on China stimulus hopes, Asian markets mixed

Shanghai and Hong Kong stocks built on their recent rally Thursday as traders awaited fresh pledges of stimulus from Chinese officials a day after they announced a measure to boost bank lending, though other Asia markets fluctuated.Hong Kong and Shanghai rose for a third straight day on hopes Beijing will put in place more help for the stuttering economy after Wednesday's decision to cut the portion of cash banks must keep in reserve, a move aimed at freeing them up to lend more.

Source: yahoo.com
China expands property developers' access to loans to help sector - Vimarsana News

China expands property developers' access to loans to help sector

China has rolled out new rules meant to expand access to commercial bank loans for property developers and to ease the liquidity crunch as Beijing adds to...

Turkish house sales fall to 9-year low in 2023 as rate hikes bite - Vimarsana News

Turkish house sales fall to 9-year low in 2023 as rate hikes bite

House sales in Türkiye in 2023 fell to the lowest level in the last nine years, official data showed Friday, as rising interest rates and inflation...

China's GDP grew 5.2% in 2023 to show patchy economic recovery - Vimarsana News

China's GDP grew 5.2% in 2023 to show patchy economic recovery

China has seen its economy expand in 2023 at one of its slowest paces in more than three decades, official data showed Wednesday, plagued by a deepening...

China GDP grew 5.2% in 2023 to show patchy economic recovery - Vimarsana News

China GDP grew 5.2% in 2023 to show patchy economic recovery

China has seen its economy expand in 2023 at one of its slowest paces in more than three decades, official data showed Wednesday, plagued by a deepening...