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China’s Policy Reversal Sparks ‘Mind Boggling’ Stock Rally
The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed. Read More
China’s economy is in bad shape. Can its ‘whatever-it-takes’ stimulus effort turn things around?
After four miserable years, stock market in Hong Kong and mainland China are finally soaring, but whether benefits from the economic stimulus measures announced in September spread beyond stock ... Read More
China factory surveys show economy weakening, as Beijing steps up support
Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus. Read More
China gives $28 billion to local governments as it vows to meet economic targets
China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to meet its own ambitious economic growth targets. Read More
China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.
China is a top-down system and officials will pull out the stops to make it into Xi's good books. It still might not be enough. Read More
Downbeat China Factory Output, Retail Sales Add to Urgency for Stronger Stimulus
Retail sales, a key gauge of consumption, rose only 2.1% in August despite the summer travel ... economic activity has already prompted global brokerages to scale back their 2024 China growth ... Read More
Has American Airlines Finally Bottomed Out?
Declining profitability, waning travel demand and the topsy-turvy economic climate dragged ... there is growing optimism that the stock has hit rock bottom. The risks still linger, though, making ... Read More
Average cost of travel insurance in 2024
Travel insurance costs an average of 5% to 6% of the cost of your trip. Your travel destination and your age impact the cost of travel insurance. Senior travelers need to budget extra for travel ... Read More
Travel News
Tourists will now have to fork over a fee if they're not British or Irish citizens under the British government's new travel requirements. A Delta flight from Salt Lake City to Portland was forced ... Read More
Downbeat China factory output, retail sales add to urgency for stronger stimulus
China's Aug industrial output growth slowest since Mar Retail sales growth downbeat despite travel peak Property ... Faltering Chinese economic activity has already prompted global brokerages ... Read More
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