World stock markets rose Thursday, boosted by hopes that Europe is preparing to take action to tackle the region's financial crisis and that the Federal Reserve will consider additional support for the U.S. economy.
Asian stock markets rose Thursday, boosted by hopes that Europe is preparing to take action to tackle the region's financial crisis and comments from a Fed policymaker about possible support for the U.S. economy.
John Nyaradi submits:As poor economic news continued to pour in last week, punctuated by Friday’s dismal Non Farm Payrolls report, the chatter regarding “QE2” or “QE Lite,” some sort of additional quantitative easing by the Fed, rose to nearly hysterical levels by the close of business Friday.
HONG KONG/BEIJING — Investors rewarded Beijing on Monday for its ambitious reform plan, sustaining a stocks rally led by consumer goods shares seen as direct beneficiaries of the promised easing of China’s one-child policy and efforts to boost consumption.
World shares hit a near six-year high on Monday, boosted by signs of ambitious economic reform in China and the prospect of extended stimulus in the United States.
(BEIJING) — World stocks rose Tuesday as optimism China and the United States might take new steps to stimulate growth offset weak U.S. data and the IMF’s gloomier outlook for world growth. Expectations of possible Chinese stimulus measures rose after Premier Wen Jiabao’s weekend promise of tax breaks and other aid to struggling small businesses.