Page 8 - துறை கடன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Spread the love NOTE: We wish our readers a happy and healthy holiday season. Due to decreased market activity, and some well deserved time off, we will suspend Market Talk until January 4, 2021. Thank you for your continued support. We look forward to providing you with Market Talk blog postings again in the new year! ASIA: China should avoid a “premature” exit from its economic support policies given the “precarious” global outlook next year, according to the World Bank. “A premature policy exit and excessive tightening [following the coronavirus pandemic] could derail the recovery,” the Washington-based World Bank warned on Wednesday, urging the People’s Bank of China to “proceed cautiously” in tightening its monetary policy. To rescue its coronavirus-hit economy earlier this year, China unleashed a flurry of stimulus measures, including the issuance of special treasury bonds, lower lending rates and tax exemptions, while it also lifted the fiscal deficit rati

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