China signals bolder stimulus as Trump returns to power
Financial Express Chennai|December 10, 2024
Shift from 'prudent' strategy to come after 14 years
BLOOMBERG December 9
China signals bolder stimulus as Trump returns to power

CHINA'S TOP LEADERS signaled bolder economic support next year using their most direct language on stimulus in years, as Beijing braces for a trade war when Donald Trump takes office.

President Xi Jinping's decision-making Politburo vowed to embrace a "moderately loose" monetary policy in 2025, signaling more rate cuts ahead and shifting from a "prudent" strategy that's held for 14 years.

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Bu hikaye Financial Express Chennai dergisinin December 10, 2024 sayısından alınmıştır.

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Food, beverages at airports excessively priced: Flyers

A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.

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BIG TECH HAS STAKED SOME OF ITS FUTURE ON AI

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PSUs spur impact across sectors through CSR activities
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PSUs spur impact across sectors through CSR activities

Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed

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India votes in favour of UN resolution seeking Gaza truce

INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.

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Aspirational India, states & 16th Finance panel

AS INDIA HAS become more aspirational, state governments, cognizant of their prime role in accomplishing the national aspirations, have demanded that the 16th Finance Commission increase their share in the divisible pool of taxes to at least 50% to reduce the congenital inequality between the Union and the states.

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S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.

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S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the U.S. ally into turmoil.

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Trump named Time's Person of the Year, rings NYSE bell
Financial Express Chennai

Trump named Time's Person of the Year, rings NYSE bell

TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year,\" citing his deep impact on American politics and the country's role in the world.

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Biden pardons 39, commutes sentences of 1,500 others

OUTGOING US PRESIDENT Joe Biden said on Thursday he was pardoning 39 people convicted of non-violent crimes and commuting the sentences of nearly 1,500 others who were serving long prison terms.

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