Luxury Stocks Find China Solace to End Bad Year on Brighter Note
(Bloomberg) -- A December rebound in European luxury-goods stocks is easing the pain for investors after a year characterized by concerns over weakening demand in the key market of China.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearOptimism is returning following numerous rounds of Chinese stimulus to rejuvenate the world’s second-biggest economy, which have put shares i
Read MoreWall Street is starting to think this week could bring the Fed's last rate cut for a while
While some analysts see a pause in the Fed's rate cutting cycle, Apollo's chief economist thinks the Fed could shock markets with a rate hike next year.
Read MoreWhy the rally in chip stocks could broaden beyond AI in 2025, according to BofA
Shares of chip makers tied to the AI trade will continue to surge in the first half of 2025 before investor interest shifts, BofA said.
Read MoreChina capital markets outflow hits record high in Nov after Trump election win
SHANGHAI (Reuters) -China's capital markets outflow reached a record high of $45.7 billion in November, according to official data tracking cross-border payments, as Donald Trump's U.S. presidential election win roiled global portfolio flows. Cross-border receipts from portfolio investments were $188.9 billion, while payments totalled $234.6 billion, resulting in the biggest monthly deficit on record, according to data from China's foreign exchange regulator. The data release comes as China's policy-driven stock market rally that started in late September is losing steam, while the yuan has slumped against the dollar in the face of tariff threats from Trump.
Read MoreThis Billionaire Investor Says It’s Time to Buy ‘Everything’ in China
Key Takeaways Billionaire David Tepper, in an interview with CNBC Thursday, said that following China’s …
Read MoreWatch These Tesla Price Levels as Stock Accelerates to Fresh Record High
Tesla shares continued their extended post-election rally on Monday, hitting a new record high after Wedbush boosted its price target on the EV maker's stock. Monitor these key chart levels.
Read MoreBitcoin rallies past $107,000, hopes grow for strategic reserve
By Kevin Buckland and Ankur Banerjee (Reuters) -Bitcoin's record rally topped $107,000 on Monday after President-elect Donald Trump reiterated that he plans to create a U.S....
Read MoreForte Unveils Open-Source Rules Engine to Support Safety and Economic Stability in Blockchain Development
San Francisco, California, December 16th, 2024, Chainwire Forte’s Open Source Rules Engine Empowers Web3 Developers with Dynamic On-Chain Compliance and Economic Solutions...
Read MoreThese are the top 10 countries for quality of life
U.S. News and World Report recently released its ranking of the best countries in the …
Read MoreBroadcom CEO sounds alarm on crucial shift in AI-chip market
A recent earnings call highlighted a key trend that could change the AI market
Read MoreAn Updated Outlook and a Stock Buyback Plan Send Southwest Soaring
Key Takeaways Southwest Airlines shares surged Thursday as the airline adjusted its third-quarter and full-year …
Read MoreSalt Security CEO & Co-Founder Roey Eliyahu, Live at Nasdaq MarketSite
Tech Edge hosted a fireside chat on Dec. 10 at Nasdaq MarketSite with Roey Eliyahu, Chief Executive Officer and co-founder of Salt Security. The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed the API security market and Salt’s distinct approach to cybersecurity, businesses’ best practices to improve their API security posture, among other topics. Watch […]
Read MoreOctus CMO Jeff Winter, Live at Nasdaq MarketSite
Tech Edge hosted a fireside chat on Dec. 10 at Nasdaq MarketSite with Jeff Winter, Chief Marketing Officer of Octus. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed Reorg’s recent rebranding to Octus, why the company is the authority on the credit market, and how Octus is an essential tool for asset managers, […]
Read MoreJapanese court acquits longest-serving death row inmate in 1966 quadruple murder
An 88-year-old former boxer, Iwao Hakamada, has been acquitted by a Japanese court after a …
Read MoreFloki Expands Presence in UAE as Sponsor of the 2024 World Tennis League
Miami, Florida, December 16th, 2024, Chainwire Floki is set to make its mark at the 2024 World Tennis League (WTL), one of the most exciting mixed-gender exhibition tennis...
Read More