China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
China retail sales, industrial data grow faster than expected in October
China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened.
Is the Great Resignation over? Why bosses are leaving at record rates
Over 1,400 CEOs have stepped down from their positions between January to September, marking an almost 50% rise from a year ago.
Japan’s economy shrinks far more than expected in third quarter
Japan’s economy shrank in the July-September period for the first time in four quarters, provisional government data showed Wednesday.
X, formerly Twitter, being ‘overrun by trolls and lunatics’ after Musk takeover, Wikipedia founder says
A war of words between the Wikipedia founder Jimmy Wales and Elon Musk goes back to last year.
Keen on harvesting tax losses? Scotiabank names 10 Canadian stocks as ‘prime candidates’
The investment bank reiterated its high-conviction call on one of the stocks with 125% upside potential.
Time to invest in China? The pros weigh in on what sectors and stocks to play right now
Several analysts on China since its economy has been in a funk this year. However, others say the Asian giant has good investment opportunities to offer.
CNBC Daily Open: Rational exuberance
It’s hard to describe yesterday’s market movements as anything but exuberant. This time, there’s a rational basis behind them: Inflation’s receding.
Dow adds more than 150 points to clinch fourth winning day, fueled by cooling inflation data: Live updates
Stocks closed higher, building on the strong rally from the previous session, on the back of more encouraging inflation data.
PGA Tour says it will offer players equity ownership after it seals deal with investors
The PGA Tour is in talks with Saudi Arabia’s Public Investment Fund to complete a framework aagreement they reached earlier this year.
