Asia inflation has peaked, region’s growth to overtake U.S. and Europe, Morgan Stanley says
Asia’s growth is set to outpace that of the U.S. and Europe’s by the end of this year, says Morgan Stanley.
Canada freezes ties with China-led AIIB, probes allegations of Communist domination
The bank’s global communications director, a Canadian, said on Wednesday he had resigned and criticized the bank as “dominated by the Communist Party.”
Is it too late to join the market rally? Morgan Stanley’s Slimmon weighs in and names stocks to buy
The S&P 500 and Nasdaq reached new highs on the back of Tuesday’s inflation data. “There’s just been too much froth,” says Andrew Slimmon.
China’s youth unemployment hits a fresh record high in May, major data disappoint
Authorities have started to loosen monetary policy in a bid to support growth, although broader measures aren’t expected until top leaders hold a regular meeting in late July.
Chinese Tesla rival Xpeng gets approval to roll out driver-assist tech in Beijing
Chinese electric car brand Xpeng announced Thursday it received approval to start rolling out assisted driving tech to users in the nation’s capital city.
China cuts a key policy rate for first time in 10 months as economic rebound cools
China’s central bank lowered its key medium-term lending rates on Thursday, in a much anticipated move.
‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns
KBW CEO Thomas Michaud warns the economy hasn’t fully absorbed higher interest rates yet.
Asia markets to rise as investors digest the Fed’s hawkish pause in rate hikes
The Fed held its benchmark policy rate at 5-5.25%, breaking a streak of 10 straight increases.
France sees global A.I. regulation ideas by the end of this year, wants to work with U.S. on tech laws
French President Emmanuel Macron called for “global regulation” around artificial intelligence, even as the European Union pushes forward with its own laws.
Disney World is packed, but lines can be short — if you follow several tips
The easiest ways to avoid lines at Disney World cost money. But paying for them is worth every cent, says CNBC’s Travel Editor Monica Pitrelli.
