 |  | | China cuts rates, reserve ratio after stocks plummet again | | | SHANGHAI (Reuters) - China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. | | | | China cuts rates, relaxes RRR | | | (Reuters) - China's central bank cut interest rates and relaxed reserve requirements for the second time in two months on Tuesday, cranking up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. | | |  | | | Global stocks, oil, dollar extend gains after China cuts rates | | | LONDON (Reuters) - Shares, oil and core bond yields extended gains in midsession European trade on Tuesday as a tentative market rebound picked up pace after China cut interest rates and banks' reserve requirements to kick-start its wavering economy. | | |  | | | Stock futures rise sharply as China cuts interest rates | | | (Reuters) - U.S. stock index futures rose sharply on Tuesday in anticipation of bargain hunting a day after Wall Street turned in its worst performance in four years and as China cut interest rates for the second time in two months. | | |  | | | Oil rallies but still near six-and-a-half-year lows | | | LONDON (Reuters) - Oil bounced back from heavy losses on Tuesday but global oversupply and worries over the severity of the economic slowdown in China, the world's top commodity consumer, kept prices near 6-1/2-year lows. | | |  | | | China stocks plummet again as Beijing sits on sidelines | | | SHANGHAI (Reuters) - Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world's second-largest economy is deepening. | | |  | | | French Economy Minister sees very weak China growth in next half year | | | BERLIN (Reuters) - Recent ructions in China are likely to slow growth in the country dramatically over the next half year and encourage the U.S. Federal Reserve to delay a rise in interest rates until December at the earliest, French Economy Minister Emmanuel Macron said on Tuesday. | | |  | | | GE will seek compensation for FX loan conversion in Poland | | | WARSAW (Reuters) - U.S. General Electric (GE) will seek compensation for any losses incurred by its Polish arm Bank BPH because of the planned conversion of Swiss-franc denominated mortgages into zlotys, which is being decided by the Polish parliament. | | |  | | | Boeing raises China 20-year aircraft demand, says outlook rosy | | | BEIJING (Reuters) - Boeing Co on Tuesday raised its forecast for China's aircraft demand over the next 20 years, saying it was optimistic about the long-term outlook for the world's second largest aviation market despite a slowing economy and weak stock market. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today | | |  |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » » MORE NEWSLETTERS | | |
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