Stock Market Today: Dow, S&P Live Updates for October 25 – Bloomberg
Stock Market Today: Dow, S&P Live Updates for October 25 Bloomberg Source link
Jinping Xi
China Stocks Rally as Xi Jinping, Beijing Step Up Economic Support
Chinese stocks pared gains as traders question whether Beijing’s latest stimulus measures will have the firepower to rescue the ailing economy. The CSI 300 Index gained 0.5% as of 1:39 p.m. local time, more than halving its earlier advance. The Hang Seng China Enterprises Index was up 1.1% after gaining more than 3%. The gauge … Read more
Liontown’s lithium funding: Australia Briefing
Good morning, it’s Adam here in Sydney, bringing you all the news you need to start your day. Today’s must-reads:• Liontown lines up lithium project funding• South by South West festival draws crowds in Sydney • It’s the Sydney Opera House’s 50th birthday Liontown Resources lined up A$1.1 billion ($694 million) through an equity raising … Read more
Schumer Confronts Xi on Israel-Hamas Statement in Rare Meeting
President Xi Jinping’s first meeting with US congressional leaders in eight years was colored with tension Monday, as the Chinese leader was confronted over his nation’s failure to condemn Hamas’ incursion into Israel. “I urge you and the Chinese people to stand with the Israeli people and condemn the cowardly and vicious attacks upon them,” … Read more
Xi Crackdown on China Health Care Aims Root Out Corruption, Bribes for Doctors
When Xi Jinping’s clampdown on corruption in China’s health-care system reached a top-tier hospital in Fujian province last month, the message was inescapable. Doctors and other staff were ordered to disclose any illicit income they’d received, reveal its source and surrender the cash to a dedicated bank account, according to a person familiar with the … Read more
Xi Jinping’s Unexplained G20 Snub Erodes Image as Global Statesman
President Xi Jinping began his third term with a diplomatic blitz that bolstered his image as a global statesman. Now, he’s skipping the world’s premier international forum of world leaders — and it’s not exactly clear why. It could be due to diplomatic sparring with India that Xi is snubbing the Group of 20 meeting … Read more
Italy Moves to Weaken Ties With China Without Upsetting Beijing
Sign up to receive the Balance of Power newsletter in your inbox, and follow Bloomberg Politics on Twitter and Facebook for more. When Foreign Minister Antonio Tajani travels to China this weekend, he’ll be balancing two competing interests: laying the ground for Italy’s exit from a controversial investment pact with Beijing while also trying to … Read more
Global Economy Latest: Preparing for a Declining China
I’m Shawn Donnan, a senior writer for economics in Washington. Today I’m looking at the strategic implications of China’s slowdown. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t yet signed up to receive this newsletter, you … Read more
Latest on China’s Economy: What Xi Jinping Is Really Doing and Why
Xi Jinping’s quest to rewrite the playbook that drove China’s economic miracle for a generation is facing its sternest test yet. The $18 trillion economy is decelerating, the property crisis deepening, consumers are downbeat, exports are struggling and more than one in five young people are out of work. But where President Joe Biden is … Read more
Supply Chain Latest: US Economy Is Growing Faster Than China’s – Bloomberg
Supply Chain Latest: US Economy Is Growing Faster Than China’s Bloomberg Source link