President Donald Trump completed his first week in the White House by signing a record number of executive orders. Trump signed 35 executive orders during his first week, addressing topics like AI innovation, the Federal Emergency Management Agency, abortion and more. It’s a stark contrast to his first administration, where he ended his first week…
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(Bloomberg) — China and Japan agreed that Beijing’s top diplomat should visit in 2025, adding to the signs the two nations are repairing ties that have been strained in recent years. Chinese Foreign Minister Wang Yi would make the trip at the earliest appropriate date, the Foreign Ministry in Tokyo said in a statement Wednesday….
A five-year bull market is predicted, with 2025 marking its third year. Historically, bull markets average 67 months, but returns soften in the third year. Fed rate cuts and rising corporate margins support continued equity growth. History tells us we might be heading into the third year of a five-year bull market. The average span…
Recession fears have eased, boosting investor confidence in the stock market. Albert Edwards warns a market pullback could come without a recession, however. Rising Treasury yields and drying liquidity could hurt stocks with valuations high. Recession fears have largely dissipated since this summer, bolstering investor confidence in a roaring stock market. But Albert Edwards wants…
Ethnic minority workers in Hong Kong experienced more than two instances of subtle or unintentional insults related to their race in the workplace over the past year, a university study has found. The study, conducted by Lingnan University and Baptist University from January 2023 to June 2024, explored the issue of microaggression that ethnic minority…
(Bloomberg) — A lack of green offices is posing a fresh risk to Hong Kong’s beleaguered property sector amid a slump that’s already wiped billions of dollars from real estate values. Faced with record vacancy rates and dwindling revenues, developers are reluctant to invest in expensive building upgrades to boost climate credentials and are as…
Chinese stocks are poised for a huge run-up in the next year, according to Renaissance Macro’s Jeff deGraaf. The research firm CEO said perfect conditions are aligning for additional gains exceeding 50%. Other notable investors have been looking to buy the dip in Chinese stocks amid continued stimulus efforts. Thanks for signing up! Access your…
Goldman Sachs estimates China-focused hedge funds had best weekly performance on record By Summer Zhen HONG KONG, – Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing’s aggressive stimulus package. The surge in stocks, which fuelled a 25% record jump over five days…