(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….
The recent volatility in key GLP-1 stocks has put the spotlight on the anxiety Wall Street has about the weight loss market. The market is huge — a potential $150 billion a year by the end of the decade — and any financial miss, or negative data of any kind, will trigger outsized sell-offs. This…
Hedge fund managers who do best in choppy markets are not convinced by the post-election euphoria. These managers, like $16 billion firm Universa Investments, believe warning signs are flashing. One datapoint that markets are at a peak: Warren Buffett is holding more cash than ever. Thanks for signing up! Access your favorite topics in a…
(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…
Hong Kong’s exchange-traded fund (ETF) market is logging a record year thanks to the recent market rally, expanded inclusion in the cross-border Stock Connect programme and a series of new products, including Asia’s first pegged to virtual assets. Net fund flows of Hong Kong’s exchange-traded product (ETP) market, which includes ETFs and leveraged and inverse…
Market analysts predicted choppy trading and sharp swings going into the US presidential election. Donald Trump and Kamala Harris are locked in a tight race, fueling uncertainty among traders. One analyst said economic fundamentals matter more to markets than who becomes president. Thanks for signing up! Access your favorite topics in a personalized feed while…
By Harry Robertson and Naomi Rovnick LONDON (Reuters) – Investors globally are piling into the U.S. dollar and betting on rising volatility ahead of a crucial two weeks in which the United States and Japan elect leaders, three major central banks decide on interest rates and the new UK government presents its budget. The U.S….
Bull market volatility is alive and well. The major indexes are consistently hitting new highs despite uncertainty and fear-filled headlines. Conflicts in the Middle East and Ukraine continue while a nail-bitingly close presidential election is days away. ↑ X NOW PLAYING Why Minervini Calls Volatility This Market’s ‘Comet In The Sky’ Moment But stocks are…