Chinese Stocks, Yuan Primed for Gains on Return From Holidays
Chinese shares and the onshore yuan climbed on their return from a holiday, with sentiment boosted by Beijing’s supportive policy stance and signs of a continued consumption recovery.
Chinese shares and the onshore yuan climbed on their return from a holiday, with sentiment boosted by Beijing’s supportive policy stance and signs of a continued consumption recovery.
Billionaire investor Warren Buffett said there are “load of opportunities” in India, but he’s leaving them to future management.
Chinese shares led gains in Asian equities as mainland markets played catchup after a holiday break. Most other Asian benchmarks also rose following softer-than-expected US payroll data Friday that revived bets on Federal Reserve interest-rate cuts.
Indonesia’s economy expanded faster than expected last quarter, as stronger domestic consumption likely helped offset a decline in exports.
The president is visiting Europe, and it’s no surprise his itinerary includes Serbia and Hungary.
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