Alex Hales

China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 6%

China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 6%

A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024.  Costfoto | Nurphoto | Getty Images SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus. While mainland China’s CSI 300…

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CIA director warns

CIA director warns

CIA Director William Burns warned Monday of the potential for simmering clashes in the Middle East to spread across the region even as, he said, the U.S. intelligence community had assessed the leaders of Iran and Israel are not looking for “all-out conflict.” “[W]e face the very real danger of a further regional escalation of…

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