Traders work on the floor of the New York Stock Exchange (NYSE) in New York, United States, December 14, 2022. andrew kelly | Reuters Here are the most important information investors need to start their trading day: 1. Desperate for Santa Ho-ho-ho? Rather, no no no. It’s been a terrible week for stocks and hopes …
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November retail sales in China experience major misfires China’s industrial production for November rose 2.2%, after growing 5% in October, official data showed. That’s less than expectations for 3.6% growth in a Reuters survey. Retail sales fell 5.9% on an annualized basis, more than expectations of a 3.7% drop in a Reuters survey and a …
Asia-Pacific markets trade lower after Fed rate hike, signals more ahead Read More »
Employees working on the carbon fiber badminton racket production line at a factory in Sihong County, China’s Jiangsu Province. China reported on Saturday that factory activity in April contracted at a faster pace as Covid-19 lockdowns halted industrial production and disrupted supply chains. Visual Group China | Getty Images Morgan Stanley raised its outlook for …
Morgan Stanley Raises Growth Outlook for China in 2023, Expects Stronger, Faster Rebound Read More »
Traders work on the floor of the New York Stock Exchange (NYSE), December 7, 2022. Brendan McDermid | Reuters Here are the most important information investors need to start their trading day: 1. Take the temperature of the economy The government’s latest reading on inflation is expected to drop at 8:30 a.m. ET. Economists polled …
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China could reopen its border with Hong Kong before the Lunar New Year China may drop quarantine requirements for Hong Kong residents traveling to the mainland ahead of the Lunar New Year next month as part of the latest round of reopening measures, the South China Morning Post reported, citing official sources. close to the …
Heat pumps are becoming increasingly popular for residential housing with rising energy prices and the need to reduce the use of fossil fuel heating systems. Andrew Aitchison | In pictures | Getty Images Are you thinking of a domestic heat pump? New and expanded government incentives, coupled with a steep rise in utility costs, make …
China’s National Health Commission issues guidelines for treating Covid at home Chinese health authorities announced guidelines on Thursday to treat Covid patients at home, a day after formalizing a policy that allows most infected patients to quarantine at home, as part of the easing measures in the country. The notice on the National Health Commission …
Hong Kong shares rise nearly 3% after reports say city plans to ease Covid rule Read More »
A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …
GameStop reports lower revenue and sharp drop in cash Read More »
Traders on the NYSE floor Source: NYSE Here are the most important information investors need to start their trading day: 1. Can stocks take the leap? US stock markets entered a deep funk on Wednesday. After big losses on Monday, stocks fell again on Tuesday: the Nasdaq lost 2%, the S&P 500 fell 1.4% and …
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The Klarna logo displayed on a smartphone. Raphael Henrique | SOPA Pictures | Light Rocket via Getty Images Europe’s tech industry has lost more than $400 billion this year, according to venture capital firm Atomico. The combined value of all public and private European tech companies fell to $2.7 trillion from a high of $3.1 …
Over $400 billion has been wiped off the value of Europe’s tech industry this year Read More »
