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Markets diverge as China economic pledges disappoint

Stock markets diverged Friday as traders were disappointed by China’s latest boosts to its beleaguered economy and looked ahead to a key US Federal Reserve meeting next week.A tepid week was on course for a damp finish, with Wall Street offering a negative lead after fresh data pointing to a pick-up in inflation.Hong Kong and …

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Markets retreat as China pledges fail to spark excitement

Markets fell Friday as China’s latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal Reserve policy meeting next week.A tepid week was on course for a damp finish, with Wall Street offering a negative lead after fresh data pointing to a pick-up in inflation.Hong …

Markets retreat as China pledges fail to spark excitement Read More »