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…
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link
Lucy Nicholson/Reuters Billionaire investor Bill Gross says the stock market’s record-breaking run is set to slow. He recommends that investors reposition toward defensive and high-yielding stocks. His favorite investments at the moment include MLP pipelines and municipal income funds. Though this year’s record-beating stock rally continues to impress Wall Street, billionaire investor Bill Gross isn’t…
Shanghai stocks plummeted 6.6 percent on Wednesday, marking their worst single-day drop since February 2020. The steep decline came as investors grew frustrated with the Chinese government’s failure to deliver more robust economic stimulus. Shanghai Composite’s fall, compounded by an 8.6 percent slump in Shenzhen stocks, followed a brief surge earlier in the week driven…
Japan’s low-interest rate environment and its popularity as a tourist destination are set to boost investments in the country’s hotel segment to a record high this year. For Hong Kong-based investors, Japanese hotels offer a solid diversification strategy amid a slowdown in the city and mainland China, as well as geopolitical risks between Beijing and…
This is a summary. For more, download the full analysis. Following the anti-subsidy investigation, the European Commission has proposed additional import duties on China-made battery electric vehicles (BEV), ranging from 7,8% for Tesla to 35,3% for SAIC’s MG. With 1 in 5 electric cars sold in Europe last year imported from China, the aim is…
Summary BYD Company Limited, Warren Buffet’s favorite Chinese auto stock, has shown strong technical buy signals and consistent price appreciation, gaining 16.46% since 9/5. The company operates in automobiles, batteries, and mobile handset components, with significant growth in revenue expected this year and next. Barchart’s technical indicators show 100% buy… Source link
MICHAEL REYNOLDS/EPA-EFE / Shutterstock.com Why do the wealthiest Americans such as Mark Zuckerberg, Elon Musk, Beyonce and Jay-Z continue to take out mortgages for properties that they could easily purchase outright? Check Out: 20 Best Cities Where You Can Buy a House for Under $100K Find Out: How To Get Rich in Real Estate Starting…
As Fed Chair Powell might say, the semiconductor sector’s recent pullback represents a recalibration rather than the start of a downturn. With foundational support from AI advancements and a stabilizing economy, investors might want to buy the dip on these chip stocks. Source link