DAVOS, Switzerland, Jan 23 (Reuters) – Lower valuations, government support and loose fiscal policy set against a cyclical backdrop in China is encouraging investors to rotate into technology and diversify away from the U.S., UBS fund managers told Reuters this week in Davos, Switzerland. “We like China tech in particular because there’s some success there….
Burberry reports third quarter revenue of 665 million pounds Comparable store sales up 3%, more than expected Burberry did less discounting than a year ago Strong growth in Gen Z shoppers in Greater China, Asia-Pacific Shares up 4% Jan 21 (Reuters) – Burberry (BRBY.L), opens new tab beat expectations for sales growth in the key…
Item 1 of 3 A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo [1/3]A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab Anta has offered…
Stocks rise; Europe at record high again Precious metals rally shows no sign of stopping Dollar on the defensive; traders remain on yen intervention watch SINGAPORE/LONDON, Jan 2 (Reuters) – European stocks began 2026 at fresh record highs as investors braced for a year set to test the AI-led rally, usher in a change of…
China’s Li Qiang says global economy under pressure from tariffs Urges IMF, World Bank, WTO chiefs to act to protect free trade Analysts say China’s $1 trln trade surplus is driving tariff use Pressure on China to reform to boost share of global consumption BEIJING, Dec 9 (Reuters) – China’s Premier Li Qiang on Tuesday…
LONDON, Nov 24 (Reuters) – What matters in U.S. and global markets today U.S. stocks look set to build on Friday’s jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? Sign up here. I’ll get into all the market-moving news below,…
AI stock valuations raise bubble concerns amid sharp pullbacks Buffett Indicator signals overvaluation, surpassing dot-com bubble levels Nasdaq’s AI rally mirrors early dot-com bubble stages, lacks runaway optimism NEW YORK, Nov 21 (Reuters) – The biggest bout of volatility in U.S. stocks in months has revealed cracks in the artificial intelligence-related rally, raising questions about…
A look at the day ahead in European and global markets from Gregor Stuart Hunter It turns out Nvidia’s earnings could only smother the blaze on markets for so long. Sign up here. Stock markets are tumbling again after a renewed selloff in tech shares on Wall Street on Thursday, and even though there were…
Item 1 of 3 Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu [1/3]Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong…
ORLANDO, Florida, Nov 20 (Reuters) – Wall Street experienced a wild rollercoaster ride on Thursday, opening sharply higher on another set of strong results from artificial intelligence giant Nvidia, only to end deep in the red as investors reassessed that optimism and mixed signals from the first U.S. jobs data since the government shutdown ended….