(Bloomberg) — Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare-earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare-earth…
(Bloomberg) — Individual investors are buying stocks like never before and leaving the broader market in the dust. But at the same time, a surge in trading volume is raising fears that retail’s favorite positions are getting dangerously crowded. Most Read from Bloomberg Citigroup Inc.’s basket of 46 stocks most favored by non-professional investors, which…
The Samsung Electronics booth at the IFA Consumer Electronics and Home Appliances trade fair in Berlin. (Bloomberg) — Samsung Electronics Co. shares closed at an all-time high, riding investor enthusiasm for its potential in artificial intelligence chips and renewed confidence in its conventional memory business. Most Read from Bloomberg Its stock rose 6.1% to 94,400…
Neodymium at a rare earth factory in Baotou, Inner Mongolia, China. Photographer: Nelson Ching/Bloomberg (Bloomberg) — China has tightened curbs on rare earths to include items manufactured abroad, adding another layer of restrictions on an industry that’s been a source of friction between Beijing and Washington. Overseas exporters of items that use rare earths sourced…
Shoppers in Beijing. (Bloomberg) — China’s longest stock rally in years has done little to encourage households to shell out more money during a major holiday this month, a worry for an economy already entering a slowdown. After the summer ended with two of the weakest months for retail sales this year, preliminary figures showed…
(Bloomberg) — It’s too early to be worried about a bubble in high-flying US technology stocks. Most Read from Bloomberg That’s the view of Goldman Sachs Group Inc. strategist Peter Oppenheimer, who said the record-breaking rally in tech heavyweights has been accompanied by robust earnings growth. In past bubbles, the market was driven higher mainly…
(Bloomberg) — Vietnam clinched a long-awaited upgrade to emerging-market status from FTSE Russell, a shift that could attract billions of dollars in fresh capital for its financial markets. The country’s stocks will be included in FTSE Russell’s secondary emerging markets grouping, joining the likes of China, India and Indonesia. The upgrade from frontier status will…
(Bloomberg) — Spot gold smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally. It’s a milestone for bullion, which traded below $2,000 just two years ago, with returns that now outstrip those for equities this century. Gold has…
(Bloomberg) — It’s almost old hat to the market by now. Take a struggling company, cut a deal with the US government, sealed with the approval of President Donald Trump, sit back and watch the stock take off. But after shares of Lithium Americas Corp. soared 188% in just two weeks, analysts are starting to…
Risk premiums have increased since early September as a function of gold breaking fresh records. (Bloomberg) — The risk premium for options is rising in assets from stocks to gold, even as implied volatility on benchmark indexes has been either steady or falling for most of this year. Most Read from Bloomberg While that may…