China’s economy is going through a ‘slow, painful, grinding adjustment,’ analyst says
Beijing’s economic outlook for the second half of the year is now “flashing red, or pretty close to red,” said Eswar Prasad, professor of international trade and economics at Cornell University.
Breton says he is stepping down as France’s EU commissioner, citing spat with von der Leyen
In a resignation letter, Thierry Breton said Commission head Ursula von der Leyen had asked France to withdraw his name as its pick for the EU executive body.
India’s Bajaj Housing Finance sees shares more than double on debut after stellar IPO
The company’s shares surged to as much as 161 rupees apiece, jumping about 130% from the top end of its IPO pricing of 70 rupees.
Typhoon Bebinca lashes Shanghai in strongest storm to hit city since 1949
Typhoon Bebinca made landfall in Shanghai as a Category 1 storm, the most powerful tropical cyclone to hit the Chinese financial hub in over seven decades.
China’s local government debt problems are a hidden drag on economic growth
China’s persistent consumption slowdown traces back to the country’s real estate slump, and its deep ties to local government finances — and debt.
Philippines to continue to deploy vessels in contested South China Sea shoal
The Philippines will continuously deploy vessels in the Sabina Shoal in the South China Sea, its coast guard said after a Philippine ship returned to port.
CNBC Daily Open: After the Fed’s first cut, where to next?
What many are not discussing is the policy trajectory after the Fed’s meeting. Following this cut could be a trajectory that will change the market narrative.
Asia-Pacific markets rise as investors digest China economic data, await Fed rate verdict
Several Asia-Pacific markets were closed Monday; Hong Kong, Aussie, Taiwan stocks higher ahead of Fed’s policy meeting this week.
Nvidia and more: Veteran tech investor reveals 4 stocks he backs with a ‘high degree of conviction’
Trent Masters, a portfolio manager at Alphinity Investment Management, shares his picks, including one from a “very unsexy end of tech.”
Nvidia shares climbed nearly 16% last week — read the latest from CNBC Pro here
Nvidia stock got a boost last week after comments by CEO Jensen Huang. In case you missed it, here’s a round-up of all the top analyst calls and more.
