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Asia stocks helped by China spending plan, oil down on Israel hope

IndiaTimes Wednesday, 25 October 2023
Most markets rose Wednesday after China unveiled plans for $137 billion in extra debt to boost infrastructure spending, while oil extended losses on hopes that Israel will scale back its plans for a Gaza ground invasion. After another painful start to the week, Hong Kong led gains Wednesday after China approved a plan to issue 1 trillion yuan ($137 billion) in sovereign bonds to be distributed to local governments to support national disaster prevention and recovery.
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News video: China Deploys Warships In The Middle East Amid Rising Israel-Gaza Tensions: Reports | Oneindia News

China Deploys Warships In The Middle East Amid Rising Israel-Gaza Tensions: Reports | Oneindia News 03:03

The China PLA has reportedly stationed up to six warships in the Middle East in response to rising tensions from the Israel-Gaza conflict. In this video, we delve into the latest developments, exploring the implications of China’s naval presence in the region and its potential impact on the ongoing...

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