China’s new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

China's new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

In an illustration taken on February 10, 2020, Chinese yuan banknotes can be seen behind a highlighted stock market graph. REUTERS/Dado Ruvic/Ilustracja Acquisition of licensing rights BEIJING, Oct 25 (Reuters) – China’s new government bonds will help shore up the economic recovery, China’s Vice Finance Minister Zhu Zhongming said on Wednesday, as the government’s stepped-up …

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Morning Deal: China Spends, Watching Europe Borrows

Morning Deal: China Spends, Watching Europe Borrows

[1/2]This illustration shows a Chinese yuan banknote, May 31, 2017. REUTERS/Thomas White/Illustration Acquisition of licensing rights Tom Westbrook’s view of the day ahead in European and global markets: Reports on tech and luxury goods giants are mixed. Microsoft (MSFT.O) and Google parent Alphabet (GOOGL.O) beat forecasts, but their stock prices moved in opposite directions as …

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Foreign holdings of US Treasuries in August hit the highest level since December 2021 – data

Foreign holdings of US Treasuries in August hit the highest level since December 2021 - data

The bronze seal of the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo Acquire Licensing Rights NEW YORK, Oct 18 (Reuters) – Foreign holdings of U.S. Treasuries rose to their highest level since December 2021 in August, Treasury Department data showed on Wednesday, …

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China, as expected, is leaving benchmark lending rates unchanged

China, as expected, is leaving benchmark lending rates unchanged

A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China, September 28, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing Rights SHANGHAI/SINGAPORE, Oct 20 (Reuters) – China left benchmark mortgage rates unchanged at Friday’s monthly fixing, in line with market expectations as a set of economic data suggests …

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