Beijing dusts off an old lever

While analysts warned China's rate cut could exacerbate its existing imbalances, others argued the gloomy US jobs market could force Ben Bernanke to turn on the stimulus tap sooner than expected.

The global stock market rally started to run out of steam overnight, as investors fretted that global central banks might lack the firepower to counteract the sharp slowdown in the global economy.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles