Offshore China Stocks Jump on Hopes Xi Will Announce Reforms

(Bloomberg) — Chinese shares listed in Hong Kong were set for their biggest gain since early July on investor optimism President Xi Jinping could unveil plans to further open the nation’s economy to foreign investment. The Hang Seng China Enterprises Index rose 1.9% as of 10:45 a.m. in the city. Xi is expected to visit Shenzhen this […]

Dollar Edges Higher as Stimulus Talks Stumble; Losses Loom

By Peter Nurse – The dollar edged higher in early European trade Monday, with negotiations over the latest stimulus measures in the U.S. seemingly in difficulties as the election approaches. At 2:55 AM ET (0655 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 1% at […]