JPMorgan hikes default forecast for emerging markets as Country Garden drives China contagion fears
JPMorgan expects the China property sector to account for nearly 40% of all high yield default volumes in emerging markets in 2023.
North Korea confirms custody of U.S. soldier Travis King, who crossed DMZ in July
The report in state-run media KCNA is the first time the isolated country has remarked at length on the American soldier who crossed into North Korea last month.
3 unexpected traits of bad bosses and signs of ‘dysfunction,’ according to a workplace expert
“All these traits not only seem harmless, but even desired by many employees,” said Kevin Legg, who has 20 years of experience in corporate professional learning.
Attendance and ticket records keep growing at 2023 Women’s World Cup
The record match attendance for the 2023 edition is 75,784 for three games under a restricted capacity at Sydney’s Stadium Australia.
Asia markets fall as bank stocks retreat on Wall Street
China will see a fresh batch of economic data on Wednesday, its July house prices.
Southeast Asia turns to alternative meats as fight against climate change ramps up
To limit global warming, the region must lower production of animal proteins and shift to plant-based, cultivated and other alternative sources by 2030.
Morgan Stanley says these firms already know how much money they can make from generative A.I. — and they’re not just tech
In an analysis of earnings calls from firms with a market capitalization of $10 billion-plus, Morgan Stanley said 29 quantified AI’s revenue opportunity.
HSBC names 9 global ‘unloved stocks’ that look cheap and could be about to surge
The investment bank’s strategists said the basket of 9 stocks had outperformed its benchmark over the past two months by nearly 10 percentage points.
Top Morningstar strategist tells investors to sell these 6 ‘overvalued’ stocks — and names 5 to buy
Chief U.S. market strategist Dave Sekera tells CNBC that he expects returns to be “much more muted” for the rest of the year.
CNBC Pro Talks: What the best minds on Wall Street are buying as investors get back to business
With summer winding down and Wall Street getting back to business, investors are set to see if 2023’s surging market will run or stumble for the rest of the year. Will megacap tech continue to lead the rally and carry the major indexes with it? Will in…
