Jack Ma’s Ant Group gets the green light from Chinese regulators for its Hong Kong IPO, a report says Saloni Sardana 19 okt 2020
China’s economic recovery from the pandemic is accelerating, but not as quickly as forecast Saloni Sardana 19 okt 2020
A Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500 because of uncertainty over some Democratic policies Saloni Sardana 17 okt 2020
A billionaire who vowed to pay off the debt of an entire college class will pay $140 million to settle a 4-year tax probe, a report says Saloni Sardana 17 okt 2020
Trump warns of backlash if the EU levies around $4 billion in tariffs after WTO ruling Saloni Sardana 16 okt 2020
The IMF says vaccine progress could add $9 trillion to global income by 2025 and stage a faster recovery Saloni Sardana 16 okt 2020
Global stocks drop as hopes for stimulus wane before election and Europe imposes tough new COVID restrictions Saloni Sardana 15 okt 2020
Bank of America 3rd-quarter earnings miss revenue estimates amid pressure from low rates Saloni Sardana 14 okt 2020
Failure to provide more fiscal stimulus is a ‘significant mistake’ that could cause more businesses to fail, Moody’s chief economist says Saloni Sardana 14 okt 2020
A Wall Street chief strategist says US lawmakers need a deal on fiscal aid — even a small one will help save consumer spending Saloni Sardana 14 okt 2020
The WTO has ruled the EU can impose around $4 billion in tariffs on US goods in retaliation for Boeing subsidies Saloni Sardana 13 okt 2020
A chief investment officer says industrial and rail stocks are a good buy if Washington passes a big stimulus bill Saloni Sardana 13 okt 2020
China’s trade boomed in September, reaffirming the world’s second largest economy is recovering from the pandemic Saloni Sardana 13 okt 2020
Goldman Sachs says sell the dollar due to the increasing odds of a Biden-led blue wave and progress on COVID-19 vaccine Saloni Sardana 12 okt 2020
The ECB is looking ‘very seriously’ at the creation of a digital euro, president Christine Lagarde says Saloni Sardana 12 okt 2020
Fed’s Kashkari says the recovery has ‘flattened’ out and warns thousands of small businesses will collapse without further support from Washington Saloni Sardana 12 okt 2020
The S&P 500 could gain 25% by year-end regardless of whether there is a red or blue wave election result, as a strong majority will approve stimulus more easily, TradingView says Saloni Sardana 10 okt 2020
HBO owner WarnerMedia will reportedly cut thousands of jobs as COVID-19 ravages sales from movie tickets, subscriptions, and TV ads Saloni Sardana 09 okt 2020
A top JPMorgan advisor is advising her clients to cut their exposure to stocks and hold more cash to weather Washington’s gridlock on stimulus Saloni Sardana 09 okt 2020
The UK economic recovery is running out of steam – GDP grew just 2.1% in August despite government support Saloni Sardana 09 okt 2020
The Vatican invested in risky derivatives on Hertz using donated funds, a report says Saloni Sardana 08 okt 2020
Gridlock over new stimulus measures is the biggest catalyst for market volatility right now, a chief strategist says Saloni Sardana 08 okt 2020
EasyJet forecasted a loss of $1.1 billion, its first-ever annual loss, as the pandemic continues to ravage the airline industry Saloni Sardana 08 okt 2020
A major Japanese bank will let employees work 3-day weeks after the pandemic to give them more time for childcare and education Saloni Sardana 07 okt 2020
The US economy can survive without new stimulus until after the election and avoid a double-dip recession, Morgan Stanley’s investment chief says Saloni Sardana 07 okt 2020
Billionaire Ray Dalio says ‘almost everybody is underweight on China’ and gives advice on how to invest in the world’s 2nd largest economy Saloni Sardana 07 okt 2020
The S&P 500 tends to fall when Google searches for ‘COVID’ rise, and searches are creeping up again, DataTrek says Saloni Sardana 06 okt 2020
The London Stock Exchange is exploring how to lure SPACs to the UK, a report says Saloni Sardana 06 okt 2020
Goldman Sachs’ chief economist says Asia is ‘best positioned’ to stage an economic recovery from COVID-19 Saloni Sardana 06 okt 2020
Cineworld’s stock collapses after the chain says Covid-19 has forced it to shut all of its UK and US cinemas Saloni Sardana 05 okt 2020
Global stocks rise after positive stimulus signs and as Trump’s health appears to improve Saloni Sardana 05 okt 2020
Trump’s COVID-19 diagnosis is seen as a ‘self inflicted wound’ and will bolster China’s global standing, Atlantic Council’s CEO says Saloni Sardana 05 okt 2020
The S&P 500 could fall around 10% and ‘retest 3,000’ if US lawmakers fail to clinch a new stimulus deal, one CEO says Saloni Sardana 03 okt 2020
AstraZeneca resumes COVID-19 trial in Japan but still keeps its US trial on pause Saloni Sardana 02 okt 2020
The US labor market is not collapsing despite recent layoffs, an economist says Saloni Sardana 02 okt 2020
A Wall Street chief strategist says stocks will surge in the fourth quarter due to ‘incredible economic momentum’ Saloni Sardana 01 okt 2020
Goldman Sachs is slashing 1% of its workforce after pausing job cuts during the pandemic, report says Saloni Sardana 01 okt 2020
The US economy doesn’t need more fiscal stimulus for a V-shaped recovery, veteran strategist Ed Yardeni says Saloni Sardana 01 okt 2020
China’s manufacturing activity surges in September, affirming its path to economic recovery Saloni Sardana 30 sep 2020
Investors can still buy the dip as the ‘fundamental backdrop’ has improved for stocks, a strategist says Saloni Sardana 29 sep 2020
Goldman Sachs says higher real yields ‘exacerbated’ the stock market sell-off Saloni Sardana 29 sep 2020