Google to block news in Canada over law on paying publishers
Google will remove links to Canadian news from search results and other products in Canada when the law takes effect in about six months.
China’s factory activity shrinks for a third month as recovery momentum stalls
China’s June manufacturing PMI came in line with market expectations for 49.0, while non-manufacturing PMI was its weakest this year.
Oil and gas will continue to power the world for decades to come, big oil firms say
Oil and gas will remain leading sources of energy for decades to come on the back of a lagging energy transition, said key industry players at Energy Asia.
China’s previous monetary stimulus ‘just isn’t working,’ a private survey shows
China Beige Book’s latest survey suggests rate cuts by the People’s Bank of China in August may have had limited effect in spurring growth.
Aging populations are creating major opportunities, fund manager says. Here’s where he’s investing
Fund manager Dani Saurymper says aging is an investable area today that will become “increasingly more relevant and apparent.”
Asia markets fall after Wall Street’s banks jump on stress test results
The Dow Jones Industrial Average rose after large banks jumped on passing the Federal Reserve’s annual stress test.
UBS identifies a trigger that could spark a stock market sell-off in the second half
UBS said that many analysts predicted that stocks would be at risk in 2023, and the catalyst for a potential downturn may now be in sight.
CNBC Daily Open: The U.S. economy refuses to buckle
Don’t fight the Fed, goes the saying in markets. Traders might want to add a new maxim: Don’t bet against the U.S. economy.
Compliance chief at Chinese fintech company stole girlfriend’s insider info to trade VMware, tech stocks
The head of compliance for a Chinese fintech company pleaded guilty to federal insider trading charges.
S&P 500 rises on Friday to close out big first half, Nasdaq posts best start to a year in 4 decades: Live updates
Stocks rose Friday as Wall Street looked to cap off a banner start to 2023 and the latest inflation data showed continued easing.
