When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

Already a subscriber? Log in .

You've reached your limit of one free article.

Get unlimited access to Worldcrunch

You can cancel anytime .


Exclusive International news coverage

Ad-free experience NEW

Weekly digital Magazine NEW

9 daily & weekly Newsletters

Access to Worldcrunch archives

Free trial

30-days free access, then $2.90
per month.

Annual Access BEST VALUE

$19.90 per year, save $14.90 compared to monthly billing.save $14.90.

Subscribe to Worldcrunch

China Moves Push Global Shares Toward Five-Year Highs



BEIJING- Share prices across global markets advanced towards five-year highs on Tuesday, as China's made efforts to avoid a hard landing for its slowing economy, Reuters reports.

Local media in China reported that the government was looking to increase investment in railway projects to reduce gluts in steel, cement and other materials, as it aims to ensure annual economic growth does not sink below 7%.

"Managing to keep growth above 7% will certainly be viewed as a positive stance," IG Markets analyst Alastair McCaig told Reuters. "But they really have only five months to prove their words are worth their weight."

[rebelmouse-image 27087188 alt="""" original_size="320x240" expand=1] Photo: Rick Harris

Newfound confidence in the Chinese economy's ability to rebound, and bring the rest of the world with it, also helped push shares higher in Europe through midday trading, mirroring record gains on Wall Street on Monday.

Read the full story in REUTERS

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

This Happened—December 9: The First Intifada Begins

Updated Dec. 9, 2023 at 12:20

It was on this day in 1987 that a series of Palestinian protests and violent uprisings began in the West Bank, Gaza and Israel in defiance of Israeli occupation. The confrontation would last for nearly six years.

Get This Happened straight to your inbox ✉️ each day! Sign up here.

Keep reading...Show less

The latest