Asian markets surge after China unveils pro-growth measures

Analysts and business insiders believe recent measures from Chinese central authorities to boost the housing market, support private businesses, and help more people find jobs will inject confidence and fulfill expectations for the economy(01:06). Shigeru Ishiba is set to become Japan’s next prime minister after securing the leadership of the ruling LDP(12:43). And China has expressed readiness to deepen cooperation within the framework of the Global Development Initiative(14:38).

The Political Bureau of the CPC Central Committee has pledged more support for the property market, businesses and job seekers(01:06). The United Nations chief has called on the Security Council to broker peace(13:30). And China's eastern city of Hangzhou and the Western Greece region take their ties further with an MoU at the Global Mayors' Dialogue(20:17).

Participants at the China-ASEAN Expo have signed more than 100 deals(11:07). China's PLA Rocket Force has launched an intercontinental ballistic missile that carried a dummy warhead into a designated area in the Pacific(31:30). And China's foreign minister has urged the UN Security Council to bridge differences and work toward long lasting peace(24:22).

China's central bank is rolling out a stimulus package that includes mortgage rate cut and preferential policies for the property market, causing Asian stock markets to soar(36:32). The Chinese foreign minister has told his Lebanese counterpart that China supports justice and Lebanon's sovereignty and security(11:36). And Chinese tennis players have made it into the final of both men's tournaments at home(18:58).

Israel and Hezbollah exchange fire along the border amid fears of a wider war, and concerns from Gaza that the new hostilities will divert attentions away from their needs(01:01). Chinese President Xi Jinping has congratulated new Sri Lankan President Anura Kumara Dissanayake and expressed hopes to advance ties(08:58). And the United Nations General Assembly has adopted a Pact for the Future to unite countries to face challenges(18:45).

Chinese President Xi Jinping has held talks with Malaysian King Sultan Ibrahim who is on his first diplomatic trip since assuming the role(01:09). China says it will gradually resume importing aquatic products from Japan, only if it completes independent sampling and testing of the wastewater from the Fukushima nuclear power plant(12:14). And Hezbollah's leader says the deadly attacks with telecommunications devices in Lebanon crossed the red line(22:10).

The Federal Reserve has slashed interest rates by 50 basis points, raising questions about whether it's too late and if it will make a difference any time soon(01:11). Walkie-talkies, radios and solar panels have blown up in Lebanon following pager explosions a day earlier(11:41). And China has vowed not to give up on negotiations over EU tariffs on Chinese EVs(20:26).

China marks the 93rd anniversary of the event that triggered the War against Japanese Aggression to remember history and cherish peace(01:12). Pager explosions in Lebanon are threatening to escalate tensions in the region(12:30). And the European Commission president has unveiled her new team(22:47).

People in various countries and regions celebrate the Mid-Autumn Festival with moon cakes, family reunions, and travel(01:14). The suspect in this week’s assassination attempt on Donald Trump is charged with federal gun crimes(13:14). And Typhoon Babinca has weakened to a tropical storm and is moving northwest in China(21:23).

People in China are traveling, visiting lantern fairs and enjoying moon cakes during a three-day Mid-Autumn Festival holiday(01:13). The FBI is investigating an incident at Donald Trump’s golf club as an assassination attempt(14:37). And powerful Typhoon Babinca is churning across China’s east coast after making landfall in Shanghai(23:37).