Asian markets rise ahead of neck-and-neck US election, Chinese stimulus meeting

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HONG KONG, Nov 4 — Asian markets rose today as investors steel themselves for a too-close-to-call US presidential electi...

Observers also expect Beijing to approve a one-off one trillion yuan for banks, aimed at writing off non-performing loans over the past four years.

Nomura economists expect lawmakers this week to approve around a trillion yuan (RM613 billion) in extra budget — mostly for indebted local governments.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong KongIsraelSingaporeUnited States

Topics: Asian markets Stimulus packages US presidential elections

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 12:40:55 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 23389849

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About Malay Mail

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Official Website: malaymail.com

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News Last Updated: 19 hours ago

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