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China’s top leaders have pledged to loosen monetary policy and provide more support for the slowing economy, while Premier Li Qiang swiped at threats of higher tariffs on Chinese exports, saying they hinder global growth. Shares in Hong Kong jumped Monday after state media released a report on the meeting by the ruling Communist Party’s Politburo that said leaders would “implement more active fiscal policies and moderately loose monetary policies.” The shift to “moderately loose” from the “prudent” monetary policies of the past 14 years was taken as a significant shift by market players, unleashing a spate of buying that pushed the Hang Seng index up 2.8%.

The Spanish company’s stock was negatively affected after the group said it would withdraw a batch of Charlotte Tilbury makeup spray.

Concerns are growing over US policy change under new government.

Right now, all indicators are flashing green for the arrival of altcoin season. For most of the year, cryptocurrencies tend to follow the direction of Bitcoin (CRYPTO: BTC), which is by far the largest crypto, accounting for a whopping 54% of the total market cap of the crypto market.

(Bloomberg) -- Chinese stocks listed in Hong Kong rebounded in the final hour of trading as the nation’s top leaders vowed to ease monetary policy and expand fiscal spending. Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe Hang Seng China Enterprises Index reversed a small drop to end the day 3.1% higher, it’s bigg

Yangtze Memory Technologies Corp (YMTC), China's leading memory chipmaker, has denied it is seeking a back-door listing to take advantage of the frenzy in the country's chip-related stocks amid tighter US tech sanctions. Considered China's best chance to compete in advanced flash memory chips against global leaders Samsung Electronics and SK Hynix, YMTC issued a statement on Sunday saying it "never had any intention of pursuing a back door- listing". The statement was in response to earlier loca

As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.

Here is a 2-minute breakdown of everything important that happened in crypto today.

(Bloomberg) -- Rakuten Group Inc. shares surged on Monday after the Japanese e-commerce company announced that it would offer one-year free mobile plans for shareholders. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe 6.7% advance in the stock, its biggest in

Bitcoin has crossed the $100,000 mark in 2024, a monumental achievement for the cryptocurrency that began as a fringe project of cypherpunks and tech enthusiasts.