Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Pan Gongsheng

Business Brief (Oct. 28): China Opposes U.K. Sanctions on Chinese Firms

Wang Yi holds phone call with U.S. Secretary of State Rubio, Chinese stock market hits 10-year high

Caixin Global

China to cut interest rates in response to trade war with US

Half-point cut to be made to banks’ reserve requirement ratio and 1tn yuan released into banking system

The Guardian - UK

China launches measures to boost economy while planning US trade talks

At the moment, US tariffs against China are up to 145%, whereas China has imposed levies of up to 125% on imports from the US.

Euronews

From analysis to the latest developments in health,
read the most diverse news in one place.

China Eases Monetary Policy To Boost Ailing Economy

China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and the trade war with the United States.

International Business Times

Can China’s stimulus blitz fix its flagging economy?

Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The move, which came a week before the 75th anniversary of communist party rule, was made in response to concerns that China could miss its own 5%…

The Conversation

S&P Futures Steady After Yesterday’s Record, Micron Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are trending down -0.02% this morning, taking a breather after the benchmark index finished with its 41st record close this year, while investors looked ahead to remarks from a Federal Reserve official as well as an earnings report from semiconductor giant Micron.

Barchart

S&P Futures Tick Lower as Investors Mull China Rally, Micron Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are trending down -0.09% this morning as investors weighed the sustainability of China’s rally and looked ahead to remarks from a Federal Reserve official as well as an earnings report from semiconductor giant Micron.

Barchart

Read news from The Economist, FT, and more,
with one subscription

Stock Index Futures Climb as China Stimulus Buoys Global Risk Appetite

December S&P 500 E-Mini futures (ESZ24) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.30% this morning as global risk sentiment got a boost after Beijing announced one of its most aggressive economic stimulus packages since the pandemic.

Barchart

China announces new measures to boost its struggling economy

The governor of the People's Bank of China, Pan Gongsheng, has announced new measures meant to boost the country's ailing economy. China's central bank is lowering its benchmark interest rate as well as reducing the cash requirement that banks are supposed to hold in a bid to free up lending…

France 24

China unleashes boldest stimulus in years to boost ailing economy

People’s Bank of China announces support measures including a cut in interest rates but some experts fear they may not be enough

The Guardian - UK

Stock market today: Asian shares gain as China eases rates to aid property industry

Asian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy

The Independent UK

China's central bank cuts bank reserve rates, pledges other moves to help the economy

The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out to help revive the slowing economy

The Independent UK

Stock Index Futures Steady After Yesterday’s Rally, U.S. Economic Data on Tap

September S&P 500 E-Mini futures (ESU24) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.13% this morning, taking a breather after yesterday’s sharp gains, while investors looked ahead to U.S. consumer confidence data and comments from a Federal Reserve official.

Barchart

PBOC Governor Says Property Market Shows ‘Positive Signs’

Real estate sector has a solid foundation for healthy development over the long term, China’s central bank chief, Pan Gongsheng, told the China Development Forum

Caixin Global

Get all your
news in one place.

100’s of premium titles.
One news app.

Caixin Global

There Is Room for Easing Bank Reserve Ratio, PBOC Governor Says

A weakening dollar will allow China to loosen its monetary policy without causing more capital flight, says Pan Gongsheng

The Guardian - UK

China announces 0.5% cut in banks’ minimum reserves

Biggest reduction since December 2021 will allow 1tn more yuan to be released in form of new loans

Caixin Global

China to Cut Banks’ Reserve Requirements Amid Flagging Recovery

PBOC Governor Pan Gongsheng says the reduction of 50 basis points will take effect Feb. 5

Barchart

Stock Index Futures Mixed as Momentum Stalls, U.S. Economic Data in Focus

December S&P 500 futures (ESZ23) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.03% this morning as investors awaited a new round of U.S. economic data and speeches from Fed officials.

Get all your
news in one place.

100’s of premium titles.
One news app.

Barchart

Stock Index Futures Drop as Momentum Stalls, U.S. Economic Data in Focus

December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.20% this morning as investors awaited a new round of U.S. economic data and speeches from Fed officials.

Barchart

S&P Futures Tread Water Ahead of Powell Speech, Disney Earnings on Tap

December S&P 500 futures (ESZ23) are trending up +0.06% this morning as investors looked ahead to comments from Fed Chair Jerome Powell for further clues on the U.S. central bank’s monetary policy path while also awaiting an earnings report from Disney.

The Independent UK

China names Pan Gongsheng to lead central bank, succeeding Yi Gang

China's ceremonial legislation has endorsed the promotion of Pan Gongsheng to serve as central bank governor

Fortune

'The corpse of Bitcoin': Crypto skeptic's appointment to central bank casts doubt on China warming to digital assets

The move is seen as a setback for those hoping that China could soon change its stance on crypto.

Zenger

China’s Leading Central Bank Official Critical Of Cryptocurrencies Appointed To Top Position

Pan Gongsheng, known for his skepticism towards Bitcoin and other cryptocurrencies, to head People's Bank of China

The Independent UK

Heavily indebted Chinese developer proposes restructuring

China Evergrande, a real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets has announced a long-awaited plan to restructure what it owes to foreign bondholders

The Independent UK

Officials: China real estate recovering from debt crackdown

A Chinese central bank official says the country's vast real estate industry is recovering from a slump triggered by tighter debt controls

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Warner Bros Discovery

the US Justice Department

44 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.