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China’s surging small-cap stocks stir bubble fears as Beijing ramps up support
By Samuel Shen and Noah Sin SHANGHAI/HONG KONG (Reuters) – A surge in small-cap Chinese stocks, fueled by government stimulus measures to support the virus-hit economy, is triggering fears of a repeat of the boom that preceded the 2015 market crash. China has injected massive funds into the banking system, cut interest rates and encouraged […]
WTO issues mixed ruling in Russia, Ukraine rail dispute
GENEVA (Reuters) – The World Trade Organization (WTO) recommended on Tuesday that Russia bring some of its measures blocking imports of Ukrainian railway equipment into conformity with global trading rules in the final ruling in a dispute between the two countries. In a document published on the WTO website, the organisation’s Appellate Body, in one […]
Brazil set to start QE cautiously but may need to bring out ‘bazooka’
By Jamie McGeever BRASILIA (Reuters) – Brazil appears set to embark cautiously on unconventional monetary policy using small interventions to tackle dysfunction in bond markets, as it does with foreign exchange, but the severity of the crisis may ultimately force it to emulate the dramatic steps taken in the United States and Europe. Congress is […]