Stocks rise as markets eye China stimulus plans and interest rate decisions
Stocks in South Korea and Hong Kong closed up after China's State Council on Sunday unveiled what it called a "special action plan" to boost domestic consumption. Mainland Chinese investors, however, were less enthusiastic, with the blue-chip CSI300 closing 0.2% down. MSCI's broad gauge for EM stocks advanced 0.7% by 0856 GMT.
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The central government has ample fiscal policy tools and space to respond to possible domestic and external challenges, Chinese Finance Minister Lan Fo’an said ...
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