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3 mins read

China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP

China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…

PTI   


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Russia can rely on China for the yuan, but China can't rely on anyone else

China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…

Huileng Tan   


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1 min read

Chinese stocks could rally 15% as more stimulus spurs a GDP growth spurt next year, SocGen says

Fiscal stimulus in China could help boost the world's second-largest economy to 5% GDP growth next …

Jennifer Sor   


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2 mins read

Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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1 min read

Stock market today: US indexes drop as investors prepare for wave of jobs data this week

The ADP employment report on Wednesday, initial jobless claims on Thursday, and the September jobs …

Matthew Fox   


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2 mins read

'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.

Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech gia…

Matthew Fox   


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3 mins read

Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka

"Obviously this is incredibly good for very undervalued Chinese equities, especially when the gover…

Matthew Fox   


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1 min read

China slashes interest rates in a surprise move to boost its slumping economy

China cut several short- and long-term interest rates on Monday as its economy grapples with slower…

Kelly Cloonan   


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2 mins read

Stock market today: Dow, S&P 500 drop as rally loses steam ahead of fresh economic data

Traders are waiting on the second-quarter GDP revision and weekly jobless claims data to roll out o…

Jennifer Sor   


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3 mins read

The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…

Huileng Tan   


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2 mins read

Stock market today: New record highs as Nvidia surge offsets weak consumer sentiment

Stocks hit new record highs as a rally in Nvidia pulled indexes up, offsetting weak consumer confid…

Filip De Mott   


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2 mins read

Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says

Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…

Kelly Cloonan   


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5 mins read

Things are looking up for the economy. So why are consumers still unhappy?

US consumers' confidence in the economy has dropped over finding another job. But new payroll data …

Dan DeFrancesco   


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3 mins read

Beijing is no longer hiding its panic about the state of its economy

The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking ov…

Huileng Tan   


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1 min read

Lian Kit Wee   


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The most immediate threat to China's economy isn't external. It's internal.

On Monday, Beijing released new data that underscores the scale of China's domestic consumption pro…

Huileng Tan   


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3 mins read

India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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2 mins read

The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says

The dollar's dominance could be eroded if the US doesn't address certain domestic issues, JPMorgan …

Filip De Mott   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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2 mins read

S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI