Hong Kong’s Central Bank Pours In Cash to Stabilize Its Pegged Currency, Higher Mortgage Rates Ensued
On Aug. 5, Hong Kong’s central bank bought the largest amount of its currency in one day since May 12—HK$14.161
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Stabilize
Chinese Leadership Dispute in the Spotlight as Premier Urges Provinces and Cities to Stabilize Their Economies
News Analysis In a recent economics symposium, Chinese Premier Li Keqiang emphasized the need to stabilize the economy and revealed
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Texas Lawmaker Appeals for Elon Musk’s Help to Stabilize Power Grid
Rep. Troy E. Nehls (R-Texas) on June 28 requested Elon Musk to help support America’s energy grid. The appeal was
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Beijing Could Intervene to Stabilize Markets as China’s Financial Risk Increases
China’s economy is shrinking and financial risks increasing under the impact of “zero-COVID” policies and regional lockdowns across the country.
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