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Business

Premier says China can use reserve requirements, interest rates to support economy

BEIJING: China can use reserve requirements and interest rates to support economic growth, Premier Li Keqiang said on Friday, promising efforts to prevent a sharper deceleration as the world's second-biggest economy expands at its slowest pace in almost three decades.

Business

China’s growth slows to 28-year low, more stimulus seen

BEIJING: China’s economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising US tariffs, dragging2018 growth to the lowest in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown.

Business

SE Asia stocks-most rise on china stimulus hopes, trade talk progress

MOST Southeast Asian stock markets rose on Monday with Thailand leading the gains, as investors hoped for more stimulus from China after disappointing growth, amid optimism about Washington and Beijing progressing with trade talks.

Business

China set to post slowest growth in 28 years, more stimulus seen

BEIJING: China is expected to report today that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising US tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown.

Business

Changing market dynamics threatening investment opportunities

MALAYSIA had its moment for the history books on May 9, 2018 when we saw the unprecedented black swan event after the coalition that makes up Pakatan Harapan swept to power.

Business

Xiao reassures that fiscal policy still expansionary

BEIJING: China’s fiscal policy remains supportive for economic growth this year despite a rare cut in the government’s budget deficit target, Finance Minister Xiao Jie (pic) said yesterday, as markets worry over whether Beijing is considering scaling back stimulus.

Business

China to stick with ‘around 6.5%’ growth target

BEIJING: China will keep its target for economic growth at “around 6.5%” in 2018, unchanged from last year, policy sources told Reuters, as it seeks to balance efforts to reduce debt risks while keeping the world’s second-largest economy stable.