Fears mount that Europe’s commercial real estate sector could be the next to fall
Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow.
Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%
The luxury bag maker said it has yet to see a slowdown in U.S. demand.
Singapore’s central bank warns of dim growth in 2023, but expects inflation to be significantly lower by year end
The Singapore central bank expects that China’s rebound will be largely consumption driven and oriented toward its domestic services market.
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
The biggest U.S. bank by assets showed that its core business was thriving as net interest income surged almost 50% from a year ago.
Fed Chair Powell meets Chinese counterpart Yi Gang
The heads of the U.S. and Chinese central banks met in Washington, D.C., on Tuesday, the People’s Bank of China said in a statement Friday.
Asia-Pacific markets mostly rise as more data point to U.S. inflation cooling
Asian markets trade higher as they see retail sales data out of Japan and Australia
‘A hidden gem’: Barclays names 3 stocks to buy in an overlooked area of health care
The bank says this corner of health care is both significant and underappreciated, sharing stock picks that include a “hidden jewel” and a “unique” player.
Bank of America expects this under-the-radar global EV charging stock to soar 118%
Shares of the U.K.-based company are up over 20% this year, and BofA says demand for charging infrastructure means it has much further to go.
China’s ‘Belt and Road’ grew out of a lending spree. Now those loans may be its problem
At its peak, China’s Belt and Road Initiative was seen as the centerpiece of Beijing’s engagement with the world.
Dow sheds more than 100 points Friday, but notches fourth straight positive week: Live updates
Investors assessed a weak retail sales report, as well as stronger-than-expected corporate earnings.
