China's Surprise Rate Cut Boosts Hopes Of Global Action


BEIJING (Reuters) - China delivered a surprise interest rate cut on Thursday to combat faltering growth, underlining concern among policymakers worldwide that the euro area's deepening crisis is threatening the health of the global economy.

Sections:  news   world   business   
Topics:  asia   china   economic growth   economy   global economy   interest rate   
  • US stock markets off more than 2.8% at close as China's troubles spread west – as it happened
    Spain’s growth rate is likely to slow further over the coming years as the boosts from a weaker euro and lower oil prices fade. It started in China, again, and sent global markets tumbling once more. Disappointing Chinese manufacturing data set the tone ...
    08/31/2015 - 7:52 pm | View Link
  • China’s equity rout sparks metal meltdown
    China’s stock market plunge comes as many commodities are struggling with a supply glut and the sector more broadly is struggling to cope with a rising US dollar, tepid global growth and ... cost ones will start to cut output. But a turn in fortunes ...
    07/9/2015 - 8:15 am | View Link
  • China's November industrial profits suffer sharpest fall in 27 months
    Economists are debating whether the monetary easing steps taken in recent months - including late November's surprise interest rate cut - can prove effective in a context where many companies are seeking fresh capital primarily to roll over existing debt ...
    12/27/2014 - 4:00 am | View Link
  • Will China's Great GREEN Wall save the country from dust storms? 100 billion tree project could halt advancing Gobi Desert
    China’s environmental woes are common knowledge to most of ... And some think that planting trees in the sandy ground of the Gobi Desert will not work, with the mortality rate of the trees being unknown. This means the longevity of the project has ...
    12/14/2014 - 10:32 pm | View Link
  • Why China’s slowdown is taking a heavy toll on Canada
    In Ontario, hopes to mine chromite ... country in the world. No surprise, then, to see that coal prices have fallen in half as its economy has slowed down. For oil, where Chinese demand is a little more than 10 per cent of the global total, prices have ...
    10/26/2014 - 5:00 pm | View Link
  • More
  • Tampa Bay news, weather forecast, radar, and sports from ...
    Daytona backstretch tower implosion; Driver survives 'horiffic' Winter Haven crash; Fleeting 'Super moon' eclipse; PHOTOS: Pope Francis at St. Patrick's Cathedral
    10/3/2015 - 2:30 am | View Website
  • US Top News and Analysis – CNBC
    The Labor Department said Friday that the unemployment rate remained at 5.1 percent in September, but that's not the only number to look at.
    10/2/2015 - 9:37 pm | View Website
  • Times Online
    The Times online log in page. Enter your username and password to login.
    10/2/2015 - 7:35 pm | View Website
  • Bloomberg
    The daily online Bloomberg report gives you the latest headlines from around the world, current market data annd personal finance advice, politics and top videos.
    10/2/2015 - 4:29 pm | View Website
  • Today's Stock Market News and Analysis
    Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.
    10/1/2015 - 4:51 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News