fiscal stimulus – Charm

Yen Weakens, Nikkei Rallies, Risks Mount for Japan’s Long Bonds

Shigeru Ishiba departs after resigning during a news conference in Tokyo, on Sept. 7. (Bloomberg) — Japanese markets face more instability as investors prepare for the departure of Prime Minister Shigeru Ishiba and the guessing game of who comes next. Most Read from Bloomberg The yen slid 0.7% against the dollar in early trading Monday,…

China Budget Gap Hits Record in Spending Blitz to Offset Tariffs

Cs news10 months ago03 mins

(Bloomberg) — China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts to shore up domestic demand as Donald Trump’s tariffs reduce exports to the US. Most Read from Bloomberg The broad fiscal gap reached 5.25 trillion yuan ($733 billion) in January-June, according to Bloomberg calculations based on data…