Asia shares struggle as China fails to stimulate


SSINGAPORE: Asian shares slipped on Monday as lacklustre Chinese economic data were not as bad as the worst fears, but still stoked market impatience with the lack of major fiscal stimulus from Beijing.

China reported economic growth of 0.8% in the second quarter, above the 0.5% forecasted, while the annual pace slowed more than expected to 6.3%.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Asia , equities , commodities , trading , economy

Next In Business News

Bursa Malaysia erases earlier losses to end morning session higher
I-Bhd's first AI experience centre opens at i-City
Yinson Renewables acquires 94.6MW Mt Cass Wind Farm in NZ
Sabah govt gets RM50mil dividend from state-owned SMJ Energy
SME Bank strengthens MSME ecosystem by providing over RM50bil in financing since 2005
Gamuda shares rise in early trade after securing RM2.69bil Marinus Link project
CIMB commits to developing tokenised financial services
Tech jitters dent stocks before central banks take centre stage
Australia dollar suffers with stocks, kiwi underwhelmed by GDP
Oil prices jump�on Trump's Venezuela blockade

Others Also Read