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PBOC adds more cash into economy as recovery gathers pace

BLOOMBERG China’s central bank ramped up efforts to accelerate an economic recovery, releasing more cash into markets as data show fresh encouraging signs for the country’s growth momentum. The People’s Bank of China (PBOC) added a net 191 billion yuan ($26.3 billion) into the financial system via a one-year policy loan, a day after announcing another cut to lenders’ reserve ...

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Stocks slip in cautious mood before interest rate decisions

BLOOMBERG Stocks fell as traders took risk off the table ahead of a raft of policy decisions this week that will reveal how major central banks view progress in the fight against inflation. Societe Generale SA slumped as much as 8.4% and was among the biggest drags on Europe’s Stoxx 600 Index after the French lender’s strategic plan included cuts ...

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Chinese stocks in Hong Kong drop as property woes sour sentiment

BLOOMBERG Chinese stocks listed in Hong Kong began the week with losses as persistent concerns about the health of the property sector offset optimism spurred by signs of stabilisation in some other parts of the economy. The Hang Seng China Enterprises Index slid 1.6% on Monday. On the mainland, the CSI 300 Index fell to its lowest level this year ...

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