Latest in China’s lawmakers gather to approve long awaited fiscal stimulus
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China’s lawmakers gather to approve long-awaited fiscal stimulus
Local governments have been weighed down by trillions of dollars of debtWorld - Financial Times - November 4 -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - November 8 -
China gears up for a big week as markets await U.S. elections and stimulus details
The size of China's highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.Business - CNBC - November 3 -
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Mixed news on China’s stimulus
And regional banks as a Trump tradeWorld - Financial Times - November 11 -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - November 8 -
Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - November 8 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
China’s $1.4tn fiscal package fails to excite
Beijing unveils fiscal stimulus to help shore up its faltering economyWorld - Financial Times - November 11 -
Israel targeted military sites in long-awaited counterstrike on Iran
In a statement, Israel Defense Forces said that "in response to months of continuous attacks," it conducted "precise strikes on military targets in Iran."Top stories - CBS News - October 25 -
UK’s long-awaited Budget Day arrives
Plus, tech, pharma and oil lead the earnings run, Bank of Japan makes a rate call and Britain’s opposition party picks a new leaderWorld - Financial Times - October 27 -
North Carolina Lawmakers Approve $600 Million More for Helene Recovery
The legislature held a one-day session to approve the money and direct some counties to add new ballot sites ahead of the November 5 election.Business - Inc. - October 25 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - November 7 -
BHP chief sees signs of recovery in China after September stimulus
Mike Henry says ‘green shoots’ in property, where miner’s iron ore and copper fuel constructionWorld - Financial Times - November 7 -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
Hong Kong stocks fall as China’s stimulus package disappoints
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer supportBusiness - Financial Times - November 11 -
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...Business - MarketWatch - November 11 -
China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.Business - CNBC - 3 days ago -
Gaetz resigns from Congress — possibly skirting long-awaited Ethics report
His resignation came the same day Donald Trump nominated him to be attorney general, but some Republicans think he had other motivations.Politics - Politico - November 13 -
After 43 Years, McDonald’s Just Made a Long-Awaited Announcement
McDonald’s has finally given up the game. At least there’s no pretending anymore.Business - Inc. - 2 days ago -
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China's vice premier vows to boost Hong Kong competitiveness, says stimulus push has 'benefited' the city
Chinese Vice Premier He Lifeng and several top financial policymakers have gathered at the third Global Financial Leaders Investment Summit.Business - CNBC - 4 days ago -
US approves lithium project in push to break China’s grip on EV minerals
Biden administration issues rare mine approval for Ioneer site in Nevada and extends tax breaks to companiesBusiness - Financial Times - October 24 -
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A long-awaited biography of Johnny Carson proves he's the Everest of celebrity subjects — tempting but perilous
'The Tonight Show' uber host has been off the air longer than he was on it. Does Johnny Carson's legend live?Entertainment - Los Angeles Times - October 28 -
Oil gains over 3% after U.S. approves Ukraine use of long-range missiles inside Russia
Oil futures climbed more than 3% on Monday to settle at their highest in more than a week, after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles ...Business - MarketWatch - 4 days ago -
Ukraine Is Poised to Strike Into Russia After Biden Approves Use of Long-Range Missiles
President Biden has granted permission for Kyiv to carry out long-range strikes, but looming over Ukraine’s newfound latitude is the ascent of President-elect Trump.World - The New York Times - 4 days ago -
Biden approves Ukraine's use of U.S.-made long-range weapons inside Russia
In a shift in policy, President Biden authorized Ukraine's use of American-made long-range weapons inside of Russia. Ukraine has been requesting the missiles since the start of the war, but the ...Top stories - CBS News - 4 days ago
