Singapore’s sovereign wealth fund posts robust returns but says inflation remains ‘sticky’
GIC cautioned the global economy faces headwinds from tight monetary and fiscal policies.
NatWest CEO resigns after admitting to ‘serious error’ over Nigel Farage leak
The taxpayer-backed lender has faced intense political and media scrutiny over a decision by its private bank Coutts to close Farage’s accounts.
What happened to the Chinese travel boom everyone was waiting for? It stayed in China
Rather than a boom, the recovery of international travel in China is likely to be spread out over 2023 and 2024, says Mastercard economist David Mann.
Elon Musk’s X rebrand reignites his goal to turn Twitter into an app like China’s WeChat
Elon Musk officially changed Twitter’s famous bird logo to an “X” in his bid to make the service into “the everything app.”
Goldman: The market is missing these ‘highly compelling’ global stocks — and 2 are on its conviction list
Goldman Sachs has picked global energy stocks it says the market is missing — and expects the sector to bounce back after a period of declining returns.
Goldman names Indian stocks to buy ahead of a ‘generational shift,’ giving one 30% upside
Goldman described one of the stocks as a “top pick” and expects it to soar by more than 30% over the next 12 months.
‘Remain fully invested:’ Evercore’s Emanuel names the stocks set to outperform
Evercore ISI’s Julian Emanuel says there’s a group of stocks whose earnings momentum is “superior to peers.”
Asia markets set to fall ahead of Fed rate decision; Australia inflation figures
Asian markets fall as investors brace for the Fed’s rate decision on Wednesday. Markets are expecting the Fed to raise its rates by 25 basis points.
CNBC Daily Open: Alphabet rises as Microsoft sinks
Both Alphabet and Microsoft beat estimates for the top and bottom line. But Alphabet shares soared while Microsoft fell.
Dow rises for a 13th straight day, posting its best winning streak since 1987: Live updates
Investors digested the latest interest rate decision.
