Chinese Markets Cheer ‘Economic Bazooka’

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 27 September 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A.M. Edition for Sept. 27. Chinese stocks rally to close out their best week in years. The WSJ’s Jonathan Cheng says a raft of stimulus measures indicates that Beijing has gotten over its reluctance to intervene more forcefully on the economy. Plus, Hurricane Helene rips through Florida and heads north, leaving millions without power. And, the WSJ’s Peter Landers explains what Japan’s next leader, Shigeru Ishiba, could mean for markets and for the country’s relationship with Washington. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's 2FA security on Krakan?
0:04.0	Let's say I'm captaining my football team and we're up by a goal against, I don't know,
0:07.8	rover and rovers.
0:08.8	Do we relax?
0:10.0	No way.
0:11.0	Time to create an extra line of defense and protect that lead.
0:15.0	That's like 2FA on Krakan, a sure-fire way to keep what you already have safe and sound.
0:19.9	Go to Krakan.com and see what crypto can be.
0:23.2	Don't invest unless you're prepared to lose all the money you invest.
0:25.8	This is a high-risk investment and you should not expect to be protected if something goes wrong. Millions are left without power after Hurricane Helene rips through Florida.
0:40.0	Plus two pay TV rivals close in on an elusive deal and Chinese stocks close out their best week in years after Beijing shifts gears to shore up the economy.
0:51.6	The signal is being said that the government is on the case.
0:55.8	The very fact that you had Shijunping chairing a meeting that was on economics and on economic
1:01.1	policy that matters.
1:03.0	It's Friday, September 27th.
1:05.0	I'm Luke Vargas for the Wall Street Journal,
1:08.0	and here is the AM edition of What's News,
1:11.0	the top headlines and business stories moving your world today.
1:17.0	We begin along America's Gulf Coast where Hurricane Helene made landfall overnight as a category 4 storm that
1:26.0	forecasters warned was packing potentially unservivable rain and storm surge in some areas.
1:33.0	Helene has since weekend after passing over the Florida panhandle, but is still delivering
1:38.2	hurricane force winds as it moves north across Georgia.
	...

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