Markets may take cheer as China steps up stimulus

Markets may take cheer as China steps up stimulus
Rebecca Howard
Markets may be cheered by a slowing in the number of reported covid-19 cases and talk of further economic stimulus from China. “Covid-19 continue to dominate the global financial landscape overnight,” said Kiwibank FX trader Mike Shirley. Equity markets in Europe and the US rallied after China posted the lowest daily rise in new coronavirus cases since Jan. 29, according to Reuters. Investors were also cheered by a Bloomberg report that China is considering measures to support its economy, such as direct cash infusions and mergers to bail...

More Economy

Cannabis rule change having impact
Primary Sector

Cannabis rule change having impact

Regulatory changes in NZ and Germany have made NZ products more available worldwide.

We need to unlock a 'Go' economy
Economy

Cameron Bagrie: We need to unlock a 'Go' economy

New Zealand is no longer a high-income OECD economy.

Cameron Bagrie 30 Jan 2025
NZ as a financial services centre
Finance

Henry Brandts-Giesen: NZ as a financial services centre

A John Key era idea that didn't fly then should be reconsidered now.

Beyond Wilson Parking: strategy and foreign investment
Economy

Beyond Wilson Parking: strategy and foreign investment

Natasha Hamilton-Hart says we need more than a one-stop shop for foreign investors.

Dileepa Fonseka 30 Jan 2025