Paramount Skydance chief executive David Ellison. (Photo by Charly Triballeau/AFP via Getty Images) On Thursday afternoon, the media world was jolted by a scoop from The Wall Street Journal: Paramount is preparing a majority cash bid for Warner Bros. Discovery, backed by the immense wealth of the Ellison family. The offer would cover the entire…
On September 12, the Shanghai Composite Index broke through its previous high of 3,888.60 points during trading, setting a new phase high; the Shenzhen Component Index rose above the 13,000-point mark during trading, reaching its highest level since July 2022. Morgan Stanley noted that U.S. investors’ interest in Chinese equities has risen to its highest…
While China’s stock markets have reached decade-highs, Nomura economists question whether this rally can meaningfully boost the country’s growth outlook. The previous stock market bull run China experienced a decade ago was unable to provide a meaningful boost to the real economy, and our economists expect even less expansionary effect this time. The boom and…
By Kevin Yao BEIJING (Reuters) -As the U.S. Federal Reserve gears up for an expected rate cut next week, China’s central bank is likely to resist a near-term easing in policy as it grapples with a dilemma: how to shore up a weak economy without further fuelling a hot stock market. Policymakers are under pressure…
As the U.S. Federal Reserve gears up for an expected rate cut next week, China’s central bank is likely to resist a near-term easing in policy as it grapples with a dilemma: how to shore up a weak economy without further fuelling a hot stock market. Source link
Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth…
Facebook Tweet Email Link Long-gestating speculation about a sale of Warner Bros. Discovery burst out into public view on Thursday after the Wall Street Journal reported that Paramount’s new owners are preparing a bid for the rival media company. Analysts told CNN that the potential offer from Paramount is likely the beginning of a bidding…
Safra A. Catz, CEO of Oracle, on Oct. 7, 2024. Marco Bello | Reuters Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company’s upcoming growth is coming from a single client: OpenAI. The software vendor has…
Atlantide Phototravel | Corbis Documentary | Getty Images Shares of SK Hynix jumped Friday after announcing that it had finished developing HBM4, the latest generation of high-bandwidth memory seen as vital for artificial-intelligence applications. Its shares rose over 7% to hit the highest since 2000 as of 9.40 p.m. ET Wednesday. Elsewhere in Asia, markets…
Shoppers at the new H Mart during their grand opening in Westminster, CA, on Thursday, August 7, 2025. Jeff Gritchen | Medianews Group | Getty Images It was a stellar day for markets as all three major U.S. stock indexes closed at record highs on Wednesday. That’s despite a sharper-than-expected month-on-month growth in U.S. consumer…