Cuts, cash, credit: China's massive bid to jumpstart its economy

AFP
  • 1 Week Gelede - 2024-09-26 00:00:00
China this week unveiled a bundle of new measures aimed at kick-starting its economy, which has been battered in recent years by unprecedented headwinds including a property sector
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Premier League: Brighton 3 vs 2 Tottenham Hotspur | Chelsea 1 vs 1 Nottingham Forest | Aston Villa 0 vs 0 Manchester United LaLiga: Real Sociedad 1 vs 1 Atletico Madrid | Sevilla 1 vs 0 Real Betis | Deportivo Alaves 0 vs 3 Barcelona | Girona 2 vs 1 Athletic Club SerieA: Fiorentina 2 vs 1 AC Milan | Monza 1 vs 1 AS Roma | SS Lazio 2 vs 1 Empoli | Bologna 0 vs 0 Parma | Juventus 1 vs 1 Cagliari European Championships Qualifying: Bristol City 1 vs 1 Cardiff City English Championship: Bristol City 1 vs 1 Cardiff City Katima Mulilo: 16° | 36° Rundu: 20° | 38° Eenhana: 19° | 39° Oshakati: 20° | 38° Ruacana: 20° | 38° Tsumeb: 21° | 36° Otjiwarongo: 19° | 35° Omaruru: 19° | 37° Windhoek: 18° | 32° Gobabis: 20° | 33° Henties Bay: 12° | 19° Wind speed: 23km/h, Wind direction: S, Low tide: 12:23, High tide: 06:43, Low Tide: 01:04, High tide: 18:55 Swakopmund: 13° | 16° Wind speed: 26km/h, Wind direction: SW, Low tide: 12:21, High tide: 06:41, Low Tide: 01:02, High tide: 18:53 Walvis Bay: 13° | 22° Wind speed: 29km/h, Wind direction: SW, Low tide: 12:21, High tide: 06:40, Low Tide: 01:02, High tide: 18:52 Rehoboth: 18° | 34° Mariental: 22° | 35° Keetmanshoop: 20° | 35° Aranos: 20° | 36° Lüderitz: 11° | 22° Ariamsvlei: 20° | 38° Oranjemund: 12° | 21° Luanda: 23° | 24° Gaborone: 18° | 34° Lubumbashi: 16° | 34° Mbabane: 14° | 30° Maseru: 12° | 29° Antananarivo: 14° | 26° Lilongwe: 18° | 30° Maputo: 20° | 31° Windhoek: 18° | 32° Cape Town: 14° | 19° Durban: 18° | 29° Johannesburg: 16° | 29° Dar es Salaam: 24° | 31° Lusaka: 18° | 31° Harare: 15° | 29° Currency: GBP to NAD 22.99 | EUR to NAD 19.31 | CNY to NAD 2.49 | USD to NAD 17.63 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.18 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.45 | USD to AOA 905 | USD to BWP 13.29 | USD to EGP 48.53 | USD to KES 128.5 | USD to NGN 1628.3 | USD to ZAR 17.63 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1839.33 Down -1.67% | Casablanca Stock Exchange (CSE) MASI 14019.63 Down -0.97% | Egyptian Exchange (EGX) 30 Index 30851.63 Down -3.04% | Botswana Stock Exchange (BSE) DCI 9661.12 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 614.51/OZ DOWN -0.0029 | Copper US$ 4.43/lb DOWN -0.0032 | Zinc US$ 3 063.30/T DOWN -0.74% | Brent Crude Oil US$ 78.18/BBP UP +0.29% | Platinum US$ 951.10/OZ DOWN -0.0038 Sport results: Premier League: Brighton 3 vs 2 Tottenham Hotspur | Chelsea 1 vs 1 Nottingham Forest | Aston Villa 0 vs 0 Manchester United LaLiga: Real Sociedad 1 vs 1 Atletico Madrid | Sevilla 1 vs 0 Real Betis | Deportivo Alaves 0 vs 3 Barcelona | Girona 2 vs 1 Athletic Club SerieA: Fiorentina 2 vs 1 AC Milan | Monza 1 vs 1 AS Roma | SS Lazio 2 vs 1 Empoli | Bologna 0 vs 0 Parma | Juventus 1 vs 1 Cagliari European Championships Qualifying: Bristol City 1 vs 1 Cardiff City English Championship: Bristol City 1 vs 1 Cardiff City Weather: Katima Mulilo: 16° | 36° Rundu: 20° | 38° Eenhana: 19° | 39° Oshakati: 20° | 38° Ruacana: 20° | 38° Tsumeb: 21° | 36° Otjiwarongo: 19° | 35° Omaruru: 19° | 37° Windhoek: 18° | 32° Gobabis: 20° | 33° Henties Bay: 12° | 19° Wind speed: 23km/h, Wind direction: S, Low tide: 12:23, High tide: 06:43, Low Tide: 01:04, High tide: 18:55 Swakopmund: 13° | 16° Wind speed: 26km/h, Wind direction: SW, Low tide: 12:21, High tide: 06:41, Low Tide: 01:02, High tide: 18:53 Walvis Bay: 13° | 22° Wind speed: 29km/h, Wind direction: SW, Low tide: 12:21, High tide: 06:40, Low Tide: 01:02, High tide: 18:52 Rehoboth: 18° | 34° Mariental: 22° | 35° Keetmanshoop: 20° | 35° Aranos: 20° | 36° Lüderitz: 11° | 22° Ariamsvlei: 20° | 38° Oranjemund: 12° | 21° Luanda: 23° | 24° Gaborone: 18° | 34° Lubumbashi: 16° | 34° Mbabane: 14° | 30° Maseru: 12° | 29° Antananarivo: 14° | 26° Lilongwe: 18° | 30° Maputo: 20° | 31° Windhoek: 18° | 32° Cape Town: 14° | 19° Durban: 18° | 29° Johannesburg: 16° | 29° Dar es Salaam: 24° | 31° Lusaka: 18° | 31° Harare: 15° | 29° Economic Indicators: Currency: GBP to NAD 22.99 | EUR to NAD 19.31 | CNY to NAD 2.49 | USD to NAD 17.63 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.18 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.45 | USD to AOA 905 | USD to BWP 13.29 | USD to EGP 48.53 | USD to KES 128.5 | USD to NGN 1628.3 | USD to ZAR 17.63 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1839.33 Down -1.67% | Casablanca Stock Exchange (CSE) MASI 14019.63 Down -0.97% | Egyptian Exchange (EGX) 30 Index 30851.63 Down -3.04% | Botswana Stock Exchange (BSE) DCI 9661.12 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 614.51/OZ DOWN -0.0029 | Copper US$ 4.43/lb DOWN -0.0032 | Zinc US$ 3 063.30/T DOWN -0.74% | Brent Crude Oil US$ 78.18/BBP UP +0.29% | Platinum US$ 951.10/OZ DOWN -0.0038


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