HONG KONG, Dec 13 — Asian markets fell today as China’s latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal...
How much to spend monthly and save for later day? Your guide to understanding EPF’s new Belanjawanku and retirement framework
Najib denies asking ‘The Edge’ owner Tong to leave his house after 1MDB alert, just Malay ‘adab’ of walking him to door Hong Kong and Shanghai both turned lower soon after the open as investors gave a shrug to Beijing’s pledge to introduce measures aimed at “lifting consumption vigorously” as part of a drive to reignite growth in the world’s number two economy.
The gathering came after Beijing began unveiling in September a raft of policies to reverse a growth slump that has gripped the economy for almost two years. Shares fell in Tokyo even as the Bank of Japan’s closely watched Tankan survey indicated a slight increase in confidence among Japan’s major manufacturers.Seoul also struggled following a three-day rebound from the selling sparked by South Korean President Yoon Suk Yeol’s brief martial law declaration, as the focus there turns to a second impeachment vote planned for tomorrow.
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