Markets shrug off EFSF downgrade as China hopes boost Asia

Stocks in Asia rallied overnight as reports of slowing Chinese growth increased speculation the government would act to ease lending curbs and avoid a hard landing.

The regional benchmark index headed for a six-week high as the MSCI Asia Pacific index gained 1.7% to reach 117.58 on close. Chinese data showed growth of the world's second largest economy slowed slightly...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Tom Boyle of Atlantic House

How investors can make volatility their friend

Not always a problem

Tom Boyle
clock 25 November 2021 • 5 min read
Erik Knutzen of Neuberger Berman

Why inflation will be higher and more problematic

October's reading up again at 6.2%

Erik Knutzen
clock 22 November 2021 • 5 min read
US Treasury secretary Janet Yellen

Yellen says inflation will come down as US economy recovers from Covid - reports

Pandemic ‘calling the shots’

clock 15 November 2021 • 1 min read
Trustpilot