China’s luxury market is bouncing back. Analysts say these are new areas of opportunity
As China’s luxury sales rebound, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.
China removes state media article on plans to merge bad debt asset managers with sovereign wealth fund
Beijing pledged last Monday to strengthen the “inherent stability” of its capital markets and improve market confidence.
Evergrande shares halted after Hong Kong court orders liquidation
Shares of China Evergrande plunged over 20% in early trading on Monday before being halted.
CNBC Daily Open: Big Tech earnings loom large
The majority of the so-called “Magnificent 7” will report results in the coming days: Alphabet, Amazon, Apple, Meta, and Microsoft.
Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024
The Monetary Authority of Singapore said it will also maintain its exchange rate policy band known as the Singapore dollar nominal effective exchange rate or S$NEER.
These 6 stocks will be non-AI winners of an AI boom, says Scotiabank
Scotiabank highlighted six stocks that it expects to capitalize on surging demand for data centers and electrical energy needed to power AI applications.
Is Tesla still a buy? One CIO weighs in and names 3 alternatives he likes
Tesla’s had a bad week. Its earnings missed expectations and its shares plunged. Kingsley Jones of Jevons Global shares what’s next and the EV names he likes.
Evergrande shares plunge after Hong Kong court orders liquidation; Hang Seng gains over 1%
Economic events this week also include factory activity data from China.
S&P 500 rises to close at fresh record Monday as Big Tech earnings loom: Live updates
The benchmark S&P 500 closed at a record for the sixth time on Monday.
