Stocks rise as Donald Trump picks Scott Bessent as new Treasury Secretary
Stocks rise as Donald Trump picks Scott Bessent as new Treasury Secretary – latest updates Jump to content Source link
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China Empowers the Development of Asia-Pacific Region
Lima, Peru–(Newsfile Corp. – November 18, 2024) – Chinese President Xi Jinping has wrapped up his state visit to Peru, where he addressed the 31st APEC Economic Leaders’ Meeting and gave a written speech at the APEC CEO Summit. At these key meetings, President Xi emphasized China’s commitment to fostering an inclusive, balanced, innovative and…
Hong Kong stocks slump in wake of Trump election win
While the Hong Kong stock exchange slumped, mainland markets performed better. The Shanghai Composite index closed broadly flat. Mr Wrigley said Trump’s victory would probably force the world’s second-largest economy to embark on more stimulus, which could insulate domestic markets from the impact. China’s highest state body, the National People’s Congress, is currently in session…
Shadow of Ukraine war hangs over Putin’s BRICS summit in Russia | World News
* Shadow of Ukraine war hangs over Putin’s BRICS summit in Russia Russia showcases growing BRICS clout * BRICS partners pressing Putin for peace in Ukraine * Putin lays down conditions for any ceasefire * BRICS members account for 35% of global economy * BRICS summit coincides with IMF and World Bank meetings By Vladimir…
Stock Market Outlook: Sell Signal Triggers First Time Since February 2021
A contrarian sell signal recently flashed in the stock market, according to Bank of America. The drop below 4% in cash allocations suggests aggressive stock market investing, BofA said. Investors are growing more optimistic about economic growth, but fear geopolitical conflicts and inflation. Thanks for signing up! Access your favorite topics in a personalized feed…
Tech leads Wall St rally, crude slumps on China weakness
NEW YORK, Oct 14 (Reuters) – U.S. stocks were led higher by technology shares while crude prices dipped on Monday as investors, amid light Columbus Day trading, looked past signs of economic softness in China and girded themselves for a string of high-profile corporate earnings reports. Megacap tech-adjacent growth stocks provided much of the upside…
Russia calls on BRICS partners to create alternative to IMF | World News
MOSCOW, – Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund to counter political pressure from Western nations ahead of the BRICS summit later this month. Russia calls on BRICS partners to create alternative to IMF BRICS, originally comprising Brazil, Russia, India,…
China’s stimulus message leaves investors wanting though hanging onto hope
SHANGHAI/SINGAPORE – China’s highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details that investors need to ratify their recent return to the world’s second-biggest stock market. Saturday’s news conference by Finance Minister Lan Foan reiterated Beijing’s broad plans to revive the ailing economy, with promises…
Shanghai Down 6.6% as China Stocks Plunge Continues
Chinese stocks fell sharply on Wednesday, with Shanghai’s benchmark dropping 6.6% and Hong Kong’s index sliding 1.5%. European stocks opened flat, with France’s CAC 40 rising 0.2% to 7,538.08, Germany’s DAX remaining little changed at 19,070.69, and Britain’s FTSE 100 climbing 0.5% to 8,227.54. Futures for the S&P 500 were 0.3% lower, while the Dow…
Stock That Will Make You Rich in 5-10 Years
We recently compiled a list of the 10 stocks that will make you rich in 5-10 years. In this article, we are going to take a look at where Tesla Inc. (NASDAQ:TSLA) stands against the other the Stock That Will Make You Rich in 5-10 Years. Economic Resilience and Surprising Rate Cut Amid Geopolitical Tensions The US…