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Hong Kong Stocks End The Week In A Rout As China's Central Bank Pumps $100 Billion Into Banking System Ahead Of Long Weekend
Friday, October 20, 2023 - 12:06pm | 1111Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets. Investors also focused on bank earnings next week which they expect to be lower due to tightening margins. China’s Central Bank pumped a record stimulus into the...
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Is The Bank Of Japan Losing Credibility? Mohamed El-Erian Thinks So
Thursday, April 28, 2016 - 5:10pm | 276The Bank of Japan kept its interest rates unchanged in a surprise move, as market participants were widely expecting the central bank to introduce further stimulus measures. Following the decision to stand pat, the question investors are now asking is if the Bank of Japan has lost its...