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China’s central bank announced a series of measures on Tuesday aimed at making it easier for households and companies to borrow money, in the boldest attempt by the Chinese authorities in recent months to revive economic growth, halt a housing market crash and stop a broad decline in prices.
Timothy Armoo became a multi-millionaire after selling his influencer marketing firm for an eight-figure sum when he was 27 years old, but he says that being extraordinary is no easy feat.
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
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After the U.S. Federal Reserve cut interest rates by a bumper 50 basis points, investors have been left wondering whether growth or value stocks are the best bet.
Asia-Pacific markets climbed on Tuesday, tracking gains on Wall Street after the S&P 500 and Dow Jones Industrial Average touched new closing highs in Monday's trading session.
U.S. stock futures were little changed Monday after the S&P 500 and Dow Jones Industrial Average posted new record closes.
LONDON — European luxury stocks tumbled Monday as analysts warned of a deteriorating demand outlook, particularly among high-spending Chinese consumers.