Goldman Sachs expects ‘all time high’ oil demand to spur large deficits, boosting prices
Goldman Sachs forecasts “sizeable deficits” in the oil markets driving higher crude prices, especially as an “all time high” demand for the commodity looms.
China to resume 15-day visa-free entry for citizens of Singapore and Brunei
China will reinstate its 15-day visa-free entry for citizens of Singapore and Brunei from July 26, according to the embassies of both countries.
Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times
International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January.
From fainting to fleeing, travelers brave the heat at popular summer spots
Monica Pitrelli reports on heatwaves across the Northern Hemisphere.
Apple supplier Foxconn’s failed India chip venture shows how tough it is for new players
Foxconn is best known as the main assembler of Apple’s iPhones. But in last couple of years, the Taiwanese firm has made a push into semiconductors.
Bank of America says Europe’s oil majors ‘are close to bottoming out’ — and names its top pick ahead of earnings
Bank of America believes Europe’s Big Oil stocks are close to bottoming out this week with its top pick expected to rise by 30% over the next 12 months.
These 5 stocks are on Goldman’s ‘conviction buy’ list — and it gives one more than 50% upside
A look at Goldman Sachs’ “conviction buy” stocks in recent weeks has revealed a number of names that its analysts say have serious potential.
Asia markets mixed as investors digest private surveys on economic activity
Private PMI surveys from Japan and Australia will be released, while inflation numbers from Singapore and Malaysia are expected.
CNBC Daily Open: Let’s talk about the Dow
On a weekly basis, the S&P advanced 0.79%, the Nasdaq fell 0.57% — but the Dow gained an impressive 2.08%.
Dow rises nearly 200 points, extends rally to 11 days for longest winning streak in six years: Live updates
Investors are bracing for a major Federal Reserve decision and an intense week of earnings from a broad array of companies.
