China’s Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges

Key Points

China’s Ministry of Finance’s weekend press briefing underscored how it is focused on addressing local government debt, even though some investors were anticipating fiscal stimulus.
Minister of Finance Lan Fo’an laid out four measures, starting with increasing support for local governments in resolving debt risks.
“The press conference is consistent with our view that addressing local government financing struggles is a priority,” Robin Xing, chief China economist at Morgan Stanley, and his team said in a report Sunday.

Source

Finance

Night owl bitcoin traders: Soon there’ll be an ETF just for you

December 10, 2025

Crypto World Night owl bitcoin traders: Soon there’ll be an ETF just for you Published Wed, Dec 10 20255:49 PM EST Liz Napolitano@LizKNapolitano WATCH LIVE Source

Finance

Here are the five big takeaways from Wednesday’s Fed rate decision

December 10, 2025

Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve on Wednesday approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue […]

Finance

What DoubleLine’s Jeffrey Gundlach is betting on after the Fed decision

December 10, 2025

DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he’s warming up to commodities, while doubling down on foreign investments amid dollar weakness. The widely followed investor said he recently shifted positive on broad commodities, pointing to a steady, largely overlooked rally in the asset class. “Commodities broadly have quietly started to rise,” Gundlach said. “For the […]