Hong Kong may have to brace for volatility amid challenges in 2024, financial secretary says
Hong Kong may have to gear up for “a lot of volatility” in the coming new year, says its financial secretary Paul Chan.
Putin’s spy chief says Ukraine could become a ‘second Vietnam’ for the U.S. as it drags on resources
President Joe Biden pleaded with Republicans Wednesday for a fresh tranche of aid for Kyiv, warning that victory for Russia in Ukraine would strengthen Moscow.
Moody’s cuts outlook for eight China banks on potential credit quality decline; downgrades Hong Kong too
Moody’s Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade to China’s credit rating a day earlier.
CNBC Daily Open: Caution in the air as stock rally stalls
Wall Street’s main indexes are starting to show signs of not being able to sustain a fiery rally that led to five straight weeks of gains.
No longer a ‘closed club’: Why fine wine is whetting investors’ appetites
With low correlation to the global stock market, a good collection of fine wine can be an excellent accompaniment to traditional investments.
China’s exports surprise with small growth — but not enough to shake off trade slump
China’s exports unexpectedly ticked higher in November, while imports fell slightly from a year ago, according to customs agency data released Thursday.
Morgan Stanley picks ‘alpha’ opportunities in China tech — giving one 52% upside
The Chinese economy may have been in a funk this year, but Morgan Stanley sees promise in tech — naming stocks to play the sector into the new year.
China’s big property market problem will take at least 4 to 6 years to resolve
China has a big problem within real estate that will take years to resolve, according to analysis from Oxford Economics’ Louise Loo.
Forget ‘obvious’ AI stocks: Top Morningstar strategist likes 2 AI derivative plays trading at a discount
“Not everything in the technology sector is overvalued,” says Dave Sekera, Morningstar’s chief U.S. market strategist.
S&P 500 rises, tries to snap 3-day slide ahead of Friday’s jobs report: Live updates
The S&P 500 rose Thursday, as it tried to snap a three-day slide, with traders looking ahead to Friday’s all-important jobs report loomed.
