Markets in Q3: Goldilocks fairlytale turns into bad bear nightmare

By Marc Jones LONDON - If global market investors thought 2022 couldn't get any more painful or unpredictable the last few months have certainly proved them wrong. Another $9 trillion wiped off...

Chinese shares listed in Hong Kong crater to all-time lows as macro forces batter global stock markets

The Hang Seng Index fell 14% in September to their cheapest value on record, making it the worst-performing global stock index this month.

Bounce In Futures Fizzles As Dollar Surge Returns

Bounce In Futures Fizzles As Dollar Surge Returns If yesterday markets made little sense, when the dollar and yields slumped yet stocks and other risk assets tumbled alongside them in...

'Big Low' Won't Be In Before Q1, No Huge Rally Until 'Policy Panic' Occurs

By Senad Karaahmetovic Michael Hartnett, Bank of America’s Chief Investment Strategist, remains a “tactical bear” as he expects the S&P 500 to dip well below the June low and fresh YTD lows...

DuPont's $5.2 billion Rogers buyout deal held up by Chinese regulator

-Chemicals maker DuPont (NYSE:DD) De Nemours Inc has received all regulatory approvals for its $5.2 billion buyout of Rogers (NYSE:ROG) Corp except from China, the companies said on...

UBS Updates Global Auto Model on Weak Macro Data: 'Goodbye Auto Production Recovery'

By Michael Elkins UBS Research updated its global auto model as they believe falling demand will keep 2023 production flat compared to last year. Analysts wrote in a note that "it is...

Cathay Pacific sees cargo demand pick up after Chinese National Day holidays

- Hong Kong's Cathay Pacific Airways (OTC:CPCAY) expects cargo demand to pick up after Chinese National Day holidays in the first week of October, but warned that it will not be a repeat of the...

Deutsche Bank Bullish Ahead of Tesla’s AI Day and 3Q Report

By Michael Elkins Deutsche Bank reiterated a Buy rating and $400 price target on Tesla Inc ahead of the electric vehicle maker’s 3Q22 delivery and production report. Tesla is slated to report...

Global stocks mixed after Eurozone inflation rises

Fri, 2022-09-30 13:04 BEIJING: Global stocks were mixed Friday after inflation in 19 countries that use Europe’s euro currency spiked to a record and Chinese factory activity weakened. London...

Yahoo Finance

-- American companies have had a growing list of reasons to downgrade their ties with China in recent years. Former President Donald Trump’s tariffs. Beijing’s stringent Covid lockdowns. The...

Cathay Pacific sees cargo demand pick up after Chinese National Day holidays

Hong Kong's Cathay Pacific Airways expects cargo demand to pick up after Chinese National Day holidays in the first week of October, but warned that it will not be a repeat of the "super-peak"...

Hong Kong retail sales slip 0.1% in August

HONG KONG - Hong Kong's August retail sales slid 0.1% from a year earlier amid a high base of comparison, government data showed on Friday. Sales decreased to HK$28.6 billion ($3.64 billion),...

Global stocks mixed after Eurozone inflation rises

BEIJING (AP) — Global stocks were mixed Friday after inflation in 19 countries that use Europe's euro currency spiked to a record and Chinese factory activity weakened.London and Frankfurt opened...

Asian stocks fall Friday as Fed interest rate hikes seem baked in

Stocks retreated across Shanghai, Tokyo, Hong Kong and Sydney.

T-Rex Skeleton Expected Fetch Up To $25 Million At Auction

T-Rex Skeleton Expected Fetch Up To $25 Million At Auction A fossilized Tyrannosaurus Rex skeleton, estimated to be around 66-68 million years-old, is expected to sell for as much as...

STOCK MARKET NEWS:Futures rebound, Nike shares fall, income & spending on tap

incoming update… U.S. equity futures were trading higher Friday morning, rebounding after the S&P 500 hit its lowest level in almost two years. The major futures indexes suggest a gain of 0.8%...

Led by Hong Kong, Asian stocks on track to suffer worst month since Covid began

Asian markets are careening toward their worst month since the Covid pandemic began, hit by a mighty US dollar and rising global recession fears.

Britain's JD Sports extends Nike ties with partnership deal

LONDON - Britain's biggest sportswear retailer JD (NASDAQ:JD) Sports Fashion has extended its links with Nike Inc (NYSE:NKE) with a deal that gives its customers access to more of the U.S....

Hurricane Ian veers toward Carolinas after pummeling Florida

By Brad Brooks and Joseph Ax FORT MYERS, Fla. - A resurgent Hurricane Ian barreled north on Friday toward a second landfall in South Carolina, a day after carving a path of destruction across...

Singapore Is 17 Years Behind Hong Kong as Wealth Hub

Singapore Is 17 Years Behind Hong Kong as Wealth Hub  Bloomberg

Taiwan inducts new amphibious ship in push to bolster indigenous defence industry

By Ann Wang KAOHSIUNG, Taiwan - Taiwan's navy took delivery on Friday of a new, domestically made amphibious warfare ship that can be used to land troops and bolster supply lines to vulnerable...

Exclusive-JPMorgan to hire about 2,000 engineers even as economy softens

By Lananh Nguyen PLANO, Texas - JPMorgan Chase & Co (NYSE:JPM) plans to hire about 2,000 engineers worldwide through the end of the year despite a worsening economy, its global chief information...

BlackRock names Hua Fan as China asset management joint venture CEO

HONG KONG - BlackRock Inc (NYSE:BLK)'s majority-owned China asset management unit has named Hua Fan, former chief investment officer of China Merchant Bank's wealth management business, as its...

China Shares Plunge to Lowest Valuation on Record in Hong Kong

The Hang Seng China Enterprises Index has lost more than 14% this month. It is now trading at 0.6 times book value, the cheapest ever. All but three stocks are down the year on the 50-member...

US Penalizes Chinese Companies for Aiding Iran’s Oil Exports

The U.S. is targeting two Chinese companies that transport and store Iranian oil. The Treasury Department also names eight entities based in Hong Kong, Iran, India and the United Arab Emirates....

Asian shares head for worst month since pandemic started

By Stella Qiu SYDNEY - Asian shares on Friday were headed for the worst month since the onset of the COVID-19 pandemic, while jitters in currency and bond markets persisted over hawkish talk from...

Hong Kong’s expat party continues

As pandemic restrictions are lifted, Tabby Kinder reflects on the ‘dizzying contradictions’ of her time in the city amid political upheaval and Covid

Australia's house prices fall, interest rates soar but analysts say there's no crash yet

Banks have passed on the increased borrowing costs through higher loan rates, which are now hovering between 4% and 5% and on track to rise further. Sydney ranked second after Hong Kong as the...

Marketmind: Kickin' up a storm

- A look at the day ahead in Asian markets from Jamie McGeever As Hurricane Ian batters parts of Florida, investors are once again battening down the hatches to protect themselves from the storm...

US sanctions traders of Iranian oil as nuclear talks stall

WASHINGTON (AP) — The U.S. on Thursday imposed sanctions on a group of firms it says have played a critical role in shipping sanctioned Iranian oil. The State Department designated two Chinese...

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