Asian stocks steady after China GDP beat; bond yields sag
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.
Global shares jump on easing yields, China growth
Global equities rose on Friday, adding to weekly gains, as declining bond yields, stronger than expected Chinese growth figures and upbeat earnings supported riskier assets.
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.
What's in store for the week ahead? US CPI and China’s GDP in the Spotlight
This week, attention will centre on inflation data from major economies, including the US, EU, and UK. Additionally, China's forthcoming release of its Gross Domestic Product (GDP) growth figures for the final quarter will be a critical gauge for its economic trajectory.
Hosted on MSN1d
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.
Morning Bid: Waller and Bessent help peg back Treasury yields
Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired retreat in worrisome U.S. Treasury yields before Donald Trump's inauguration as president on Monday.
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.
Stock market today: Asian shares slip as China says economy hit 5% growth target in ’24
Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before.
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.
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.