Asian Financial Markets

Asian Stocks Drop as Chinese Stimulus Package Falls Short of Investor Expectations

Asian stock markets took a hit on Monday following news of China’s long-awaited stimulus package, with Hong Kong’s Hang Seng index dropping over 2%. Despite the hefty 6 trillion yuan ($839 billion) stimulus aimed at alleviating local government debt, investor...
US Dollar - Chinese Yuan

Dollar Bond Spreads for Asia’s Top-Rated Issuers Narrow to Record Lows Amid Chinese Stimulus Push

In a remarkable financial shift, dollar bond spreads for Asia’s high-grade issuers have reached record lows, driven by aggressive monetary and fiscal measures by Chinese policymakers. The gap in yield premiums on Asian bonds has closed to 74.6 basis points...