China’s finance minister says there is room for more economic stimulus but offers few details
China’s finance minister on Saturday said the country will “significantly increase” debt issuance to counter slow economic growth, stabilize the property market, top up the capital of state banks, and offer help to poorer people.
China’s finance minister says there’s room to boost economy, but offers no plan
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts
Can China's Latest Stimulus Measures Fix Its Economy?
China’s economic growth target of 5% this year is looking ambitious, given sluggish consumer spending, an uncertain outlook for the country’s exports and a still shaky property market. Beijing responded in late September with a package of stimulus measures that prompted a historic stock rally.
China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.
China’s bold move to stimulate economy? Takeaways from Finance Ministry’s press conference
Finance Minister Lan Foan said Beijing will help local governments with their debt, give subsidies to low-income individuals, support the property market, and replenish state banks’ capital.
Irish finance minister favours retaining budget spending rule
Ireland's finance minister said on Wednesday he would favour the next government retaining a budget rule that would cap ...
South African Former Finance Minister Tito Mboweni Dies at 65
JOHANNESBURG (Reuters) - South Africa's former finance and labour minister and first Black central bank governor Tito Mboweni ...
Hang Seng slips while Shanghai Composite rises after finance minister's press conference
Chinese stocks had a mixed reaction Monday to a press conference over the weekend where officials promised further action but ...
Thai Finance Minister says still wants higher inflation target after rate cut
Thailand's government still wants to see a higher inflation target that will push up prices, the finance minister said on ...
Stocks Gain as Indrawati Asked to Stay as Finance Minister
Indonesian stocks rose by the most in two weeks after Finance Minister Sri Mulyani Indrawati was asked by President-elect ...
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Finance Minister welcomes Moody’s upgrades
The Minister of Finance, Dr Mohammed Amin Adam, has welcomed the positive ratings assigned Ghana’s economy by Moody’s, a ...
Indonesia's Prabowo asks Sri Mulyani to remain as finance minister
Indonesia's incoming president, Prabowo Subianto, has asked current finance minister Sri Mulyani Indrawati to remain in her ...
Capital Gains Tax Hike Won’t Deter Investment, Quebec Minister Says
Quebec’s finance minister says Canada’s increase to the capital gains inclusion rate is “reasonable” and won’t hamstring ...
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Nigeria spends increased revenue on cash transfers – Finance Minister Edun
Nigeria's Minister of Finance, Wale Edun, said the country is spending its increased revenue on social investment, such as ...
Labour minister meets employee associations of gig workers to discuss health insurance, pension benefits
Labour minister Mansukh Mandaviya on Thursday met with employee associations of gig and platform workers to discuss possible ...
China's Housing Ministry Holds Briefing With Investors on Watch for More Stimulus
That provides another source of money for a program that aims to reduce housing inventory but hasn’t worked so great so far.