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Iron Ore Giant Vale Says China Property Outlook Is More Encouraging - Vimarsana News

Iron Ore Giant Vale Says China Property Outlook Is More Encouraging

(Bloomberg) -- No. 2 iron ore miner Vale SA said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Ma

Source: yahoo.com
Asian markets rise as US jobs data ease rate pressure on Fed - Vimarsana News

Asian markets rise as US jobs data ease rate pressure on Fed

Asian stocks rose Monday on hopes the Federal Reserve has come to the end of its interest rate hiking cycle following a positive US jobs report."The upshot of Friday’s report is that the market-implied chances of a Fed rate hike of 20 September have reduced to about seven percent from 12 percent beforehand."

Source: yahoo.com
Chinese puzzle: China focused on infrastructure, property at expense of household consumption - Vimarsana News

Chinese puzzle: China focused on infrastructure, property at expense of household consumption

Some fear Japan-style stagnation, others see a more severe crunch

'Too afraid to buy':China's slowing economy overshadows property easing moves - Vimarsana News

'Too afraid to buy':China's slowing economy overshadows property easing moves

Real estate agents have been calling Daisy Wu non-stop to get her to buy an apartment in the southern Chinese city of Shenzhen, but the 28-year-old said she was too worried about the slowing economy to consider making a purchase. Wu's concerns belie a raft of measures rolled out by the Beijing government this week to revive the economy and target the deepening crisis in its massive debt-riddled property sector which has been on the decline since 2021. The measures include lower mortgage rates for first-time homebuyers, but analysts warn that like Wu, the sentiment among many Chinese is ...

Source: yahoo.com
China Ramps Up Campaign to Boost Fragile Economy, Currency - Vimarsana News

China Ramps Up Campaign to Boost Fragile Economy, Currency

(Bloomberg) -- China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook persist.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallThe cen

Source: yahoo.com