This is a Japan news story, published by Yahoo Finance, that relates primarily to the People's Bank of China news.
For more Japan news, you can click here:
more Japan newsFor more Asia business & economics news, you can click here:
more Asia business & economics newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Asia business & economics, you might also like this article about
mortgage rate cuts. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest many more rate cuts news, offshore yuan news, news about Asia business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
rate cutsReuters
•77% Informative
Chinese stock indexes surged more than 4% on Tuesday and the offshore yuan hit its strongest level against the dollar in 16 months after a series of moves by the People's Bank of China to loosen lending conditions.
Japan 's Nikkei up 0.6% and the yen slips to its lowest in almost three weeks .
China 's latest stimulus proved a shot in the arm for European stocks - which gained almost 1% , led by surges in basic resource and luxury goods sectors.
VR Score
89
Informative language
98
Neutral language
16
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links