China stocks were being undergirded Monday by a vow from Communist Party leaders to take new steps to avert an economic 'hard landing.'
BEIJING — Asian stock markets rose Monday after Wall Street hit a new high and China promised aid to shore up economic growth.
Wall Street’s benchmark S&P 500 index SPX, +0.95% closed Friday up 3.8% for the week in a rally led by tech companies. The Shanghai Composite Index SHCOMP, +0.72% rose 0.8% to 3,695.30 and the Hang Seng in Hong Kong HSI, +0.59% gained 0.5% to 24,201.43. Government data showed U.S. consumer inflation rose to a 39-year high of 6.8% in November. But the impact on financial markets was limited because it was in line with expectations.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Asian American Studies Is Crucial for Achieving Climate SolutionsSince the coronavirus pandemic began, there have been numerous reports about discrimination and violence against Asian Americans. In response, now is a chance to prioritize Asian American studies as a way to work towards both racial and environmental justice.
Weiterlesen »
Japan’s ‘Drive My Car’ Is Asian Oscar Favorite in International CategoryRyûsuke Hamaguchi’s “Drive My Car,” Japan’s entry to the Academy Awards’ international category, looks to be the odds on favorite from Asia to win the category. The dr…
Weiterlesen »
BTS, IU And Aespa Ruled The 2021 Mnet Asian Music AwardsBTS came out of the evening as the top winners, and they snagged more trophies than most artists will manage during their entire careers.
Weiterlesen »
BTS Wins Album of the Year at 2021 Mnet Asian Music AwardsBTS scooped up the most trophies of the night on Saturday at the Mnet Asian Music Awards, the region’s largest music awards ceremony. The event known as MAMA, which was offered as a global li…
Weiterlesen »
Asia stocks edge higher, Fed stars in central bank extravaganzaAsian stocks crept higher on Monday as investors prepared to tiptoe through a minefield of 17 central bank meetings this week and the likely early end to U.S. policy stimulus.
Weiterlesen »