China unveils $1.4tn package to shore up economy

Beijing is bracing for increased trade tensions with US under Donald Trump

World - Financial Times - November 8

China’s $1.4tn fiscal package fails to excite

Beijing unveils fiscal stimulus to help shore up its faltering economy

World - Financial Times - November 11

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 economy

World - ABC News - November 8

China’s economy braces for Trump

Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?

World - Financial Times - 3 days ago

Costco’s Packaging Flub Churns Up a Butter Recall

The retailing chain has recalled 80,000 pounds of butter because its packaging omitted an allergen warning. It follows a more dramatic packaging stumble from Mattel last week.

Business - Inc. - November 12

Trudeau to slash Canada’s migrant numbers in bid to shore up his government

High living and housing costs prompted public backlash to progressive immigration schemes

Business - Financial Times - October 24

Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade

Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strike

Business - Financial Times - October 29

Vance, Gaetz call senators to shore up support amid GOP concerns

Vice President-elect JD Vance has been working the phones reaching out to senators trying to gauge support for former Florida Rep. Matt Gaetz.

Trump tells Vance to shore up support for Gaetz as misconduct allegations swirl

House ethics panel debates release of secret report into president-elect’s pick to run justice department

World - Financial Times - 3 days ago

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

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 support

Business - Financial Times - November 11

UK unveils shake-up of financial compensation rules

Move is latest sign of government’s push to loosen City of London regulation

Business - Financial Times - November 15

Police blow up suspicious package outside US Embassy in London

Law enforcement conducted a “controlled explosion” of a suspicious package outside of the U.S. Embassy in London on Friday. “We can confirm that the 'loud bang' reported in the area a short time ...

Politics - The Hill - 19 hours ago

The US Embassy in London returns to normal after police blow up a package

The U.S. Embassy in London has returned to normal operations after police carried out the controlled explosion of a suspicious package that was found in the area

World - ABC News - 21 hours ago

China unveils 10tn yuan support for debt-stricken local government

Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...

World - The Guardian - November 8

China unveils J-35 stealth fighter jet to compete with US

Beijing’s latest-generation aircraft revealed at Zhuhai air show as part of military modernisation

World - Financial Times - November 12

US will unveil new export restrictions on China, lobbying group says

New regulations could add up to 200 Chinese chip companies to a trade restriction list, according to email. The Biden administration is set to unveil new export restrictions on China as soon as ...

World - The Guardian - 15 hours ago

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - October 29

Why China is betting on local governments to spur the economy

Fiscal package falls short of market hopes as Beijing braces for Trump tariffs

World - Financial Times - November 11

Orbán turns to China to boost recession-hit economy

Hungary has captured more than a quarter of Chinese capital flowing into Europe since 2022

World - Financial Times - 6 days ago

US says it intends to shore up support for Ukraine until Trump takes office

U.S. Secretary of State Antony Blinken says the Biden administration intends to bolster its military support to Ukraine

World - ABC News - November 13

Hegseth works to shore up support as Gaetz withdraws from attorney general pick

Matt Gaetz has withdrawn his name from consideration to be President-elect Donald Trump's next attorney general amid allegations of drug abuse and sexual misconduct, which he denies. Pete Hegseth, ...

China fright ups the stakes for AstraZeneca

Pharma group needs some good news to ease investors’ nerves

World - Financial Times - November 7

The economy avoided recession. And then it sped up. Here’s why.

The U.S. recession that was supposed to happen now appears to have become the economic expansion that just won’t end.

Business - MarketWatch - October 24

Fed up with the economy, Americans turn to Trump

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.

Latest in China unveils $1.4tn package to shore up economy