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Chinese Stocks Continue Strong Performance on Monday Session

September 30, 2024ann.adminComments Off on Chinese Stocks Continue Strong Performance on Monday Session

Chinese stocks continued strong performance in today’s afternoon session, following a broad surge earlier in the day.

The benchmark Shanghai Composite Index rose over 6 percent, once regaining the 3,300-point mark shortly after the afternoon session …

Business

Japanese Yen Steadies, Commodity Currencies Hit Record Highs

September 30, 2024ann.adminComments Off on Japanese Yen Steadies, Commodity Currencies Hit Record Highs

Japanese yen steadied today as winner of the ruling Liberal Democratic Party’s (LDP) leadership, Japan’s incoming prime minister Shigeru Ishiba signaled monetary policy should remain accommodative, while commodity currencies were lifted to the year’s …

Business

China Unveils Raft of Measures to Stabilize Property Market

September 30, 2024ann.adminComments Off on China Unveils Raft of Measures to Stabilize Property Market

The People’s Bank of China and the National Financial Regulatory Administration rolled out a wave of policies to stabilize the real estate market.

The mortgage rates for first homes, second homes and more are required to be reduced no lower than 30 b…

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