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Day: September 30, 2024

China Unveils Raft of Measures to Stabilize Property Market

The People’s Bank of China and the National Financial Regulatory Administration rolled out a wave of policies to stabilize the real estate market.

The mortgage rates for first homes, second homes and more are required to be reduced no lower than 30 b…

Japanese Yen Steadies, Commodity Currencies Hit Record Highs

Japanese yen steadied today as winner of the ruling Liberal Democratic Party’s (LDP) leadership, Japan’s incoming prime minister Shigeru Ishiba signaled monetary policy should remain accommodative, while commodity currencies were lifted to the year’s …

Chinese Stocks Continue Strong Performance on Monday Session

Chinese stocks continued strong performance in today’s afternoon session, following a broad surge earlier in the day.

The benchmark Shanghai Composite Index rose over 6 percent, once regaining the 3,300-point mark shortly after the afternoon session …

Death Toll from Hurricane Helene in US Rises to 95

Death toll from Hurricane Helene which hit southeast of the United States has surged to 95, with officials fear still more bodies would be discovered.

Authorities in the southeastern US states started a massive cleanup and recovery effort after winds…

Three Dead in Helicopter Crash in Eastern Spain

Three people died when their helicopter collided with power lines near Pucol town, eastern Spain.

Emergency services in the region said they had “received news of an accident involving a helicopter which was carrying out inspections on electric lines…