UK banks told to break ‘class ceiling’ with new targets to boost diversity among senior hires
The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force.
Fed hikes and a stronger dollar are fueling risks of political instability in Africa
The Fed’s policy tightening and a strengthening dollar are having a knock-on effect on African nations’ balance sheets and public debt burdens.
Indonesia inflation eased further in November but stays above target
Indonesia’s inflation eased in November but stayed above the central bank’s target range for the sixth consecutive month.
China tech stocks have ‘a lot of upside’ and peak regulation is over, fund management firm says
The Chinese government is unlikely to introduce new regulations for the internet tech sector, according to Jonathan Krane of KraneShares.
From ‘antiwork’ to ‘act your wage’ — more disgruntled workers flocked to Reddit in 2022
The top trending keywords among work-related subreddits or communities in 2022 include “antiwork,” “act your wage” and “quiet quitting,” Reddit says.
Elon Musk meets Tim Cook, says Apple never considered removing Twitter app
The meeting marks a significant de-escalation days after Musk went on a tweet storm accusing Apple of threatening to pull the Twitter app from the App Store.
Asia-Pacific markets trade higher as Fed signals smaller hikes ahead
Investors in the Asia-Pacific digest commentary from Federal Reserve Chair Jerome Powell as he confirmed smaller rate hikes could start in December.
It’s been a bad year for tech. But top investor Paul Meeks is betting on these bright spots
Investor confidence in the sector has been battered, but Paul Meeks says he’s now “more bullish” than he was in recent months, though he remains selective.
UBS reveals global stocks that will win — or lose — when China reopens
The Swiss bank identified stocks in the MSCI Europe index that will do better than others when “China’s growth rebounds and the country reopens its borders.”
Stock futures tick higher after Wednesday’s rally
Stock futures inched higher in overnight trading Wednesday after rallying during the regular trading session.
