Economic stimulus in China, cooling in the US and Europe, stock market news of companies
Stock market news
• Beijing's massive economic stimulus is still rippling through Chinese markets, but its impact on broader markets may already be waning. Mainland blue chips followed Tuesday's 4.3% gain by rising 3.4% in today's session, while Hong Kong's Hang Seng jumped 3.1%, extending yesterday's 4.1% gain.
• China's strong start on Wednesday initially boosted stocks in Australia and South Korea, whose economies are closely linked to China's fortunes, but the gains soon faded. Since Chinese authorities announced their biggest and most extensive stimulus measures since the pandemic...