China ramps up campaign to boost fragile economy, currency
The central bank will trim the amount of foreign currency deposits banks are required to hold as reserves for the first time this year, the Peoples Bank of China said Friday. The move came hours after authorities announced fresh stimulus for the beleaguered property sector and unveiled plans to expand tax breaks for child and parental care and education. Key Points
Economic TimesDollar loses steam ahead of Fed meeting minutes, US inflation test
By Rae Wee SINGAPORE (Reuters) - The dollar dipped broadly on Wednesday, tracking a slide in U.S. Treasury yields weighed down by dovish Federal Reserve comments, as traders looked to the central Key Points
ThePrintAsia stocks sputter before US inflation data; yen gains
By Kevin Buckland TOKYO (Reuters) - Asian equities were mostly weaker on Thursday, while the dollar and U.S. Treasuries were largely steady ahead of crucial U.S. inflation data that could provide Key Points
ThePrintGoldman cuts China GDP forecast, citing limited options to boost stimulus
Goldman Sachs Group Inc. — which has cut its forecast for China’s growth this year to 5.4% from 6% — says Beijing is more constrained now because of a shrinking population, elevated debt levels and President Xi Jinping’s call for curbing property speculation. Key Points
FinancialexpressBank Crisis: The side-effects of macroeconomic actions
India has been fortunate that the pandemic stimulus was within reasonable levels. The rise in inflation here was stoked primarily by the Russia-Ukraine war. Key Points
The Economic TimesAsian markets softer as investors look to key inflation readings
By Scott Murdoch SYDNEY (Reuters) - Asian share markets were mostly weaker while the U.S. dollar higher on Tuesday as investors awaited inflation readings from China and the United States to deliver Key Points
ThePrintStocks slip as China slumps, US yields climb on Fed expectations
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks slipped on Tuesday after details over China's stimulus disappointed as investor focus shifts to upcoming U.S. inflation data and Key Points
ThePrintIs China's stimulus at work? 5 metal stocks which can deliver up to 35% returns, as per analysts
China is one of the biggest consumers of metals. Be it copper, aluminum or steel. When the global market gets indication that the Chinese government is planning a push for its real estate market or giving any kind of stimulus then metal prices tend to firm up. One of the reasons why only large companies are in focus could be the fact that with the bumper earnings which these companies have made in the last two years,some of them have reduced their debt. Key Points
Economic TimesDip in exports, looming deflation: Why China’s economy is in trouble
GDP likely grew 7.1% for the quarter on a year-over-year basis, up from 4.5% in the previous period, according to economists surveyed by Bloomberg. | World News Key Points
Hindustan TimesWill China’s stimulus work? 5 metal stocks which can deliver up to 35% returns, as per analysts
As China once again announced measures to prop up its real estate market. The focus is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board. This time around it is not secularly but selectively bullish. It is selected stocks which are getting attention, companies either with large capacity, fully integrated or in any area where they are literally monopolies. Key Points
Economic Times