Asian stocks steady after China GDP beat; bond yields sag
By Kevin Buckland TOKYO (Reuters) -Asian stocks edged up on Friday, drawing support from unexpectedly strong growth in China's economy at the end of last year, although gains were limited by caution ahead of Donald Trump's inauguration as U.
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
Global shares jump on easing yields, China growth
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data and earnings appeared to help investors shrug off any jitters ahead of the U.
Hosted on MSN2d
Asian traders give mixed reaction as China's economic growth slows
Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
Transcript: China’s central bank overhaul
Justin Trudeau is resigning as Canada’s prime minister. And the outlook for Germany’s solar panel industry is a bit cloudy. Plus, China’s central bank is planning a policy overhaul. I’m Kasia Broussalian, and here’s the news you need to start your day. Canadian Prime Minister Justin Trudeau announced that he is stepping down.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.
Stock market today: Asian shares slip as China says economy hit 5% growth target in ’24
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year
Free Malaysia Today5d
Stock markets mostly fall as traders trim US rate cut bets
Global markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil ... which criticised fresh curbs on AI chips to China announced by the outgoing Biden ...
China Faces Harsh Dilemma as Yuan Comes Under Pressure
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation.
Yen on MSN4d
Asian equities mixed as US inflation, China data loom
Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US