SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO
Zopa told CNBC exclusively it has hired Peter Donlon, the former chief technology officer of online card retailer Moonpig, as its CTO.
Bank of Japan leaves rates unchanged, holding them at ultra low levels
The Bank of Japan’s short-term interest rate target has been held at -0.1% since it first adopted negative rates in 2016.
Blinken lands in Beijing for high-stakes diplomacy after spy balloon saga
Expectations for a significant recovery in the U.S.-China relationship, especially as a result of Blinken’s upcoming trip, remain low.
China’s VCs look to the Middle East for a U.S. dollar lifeline
Venture capitalists in China that once relied on U.S. investors are now holding court with Middle Eastern money.
Alibaba founder Jack Ma is ‘alive’ and ‘happy,’ top exec says after China’s tech crackdown
There is continued interest in Alibaba founder Jack Ma’s whereabouts after he and his empire were the target of an intense regulatory crackdown by China.
Ukraine’s counteroffensive has been underwhelming so far — but it’s low key for a reason
Kyiv’s counteroffensive has gotten off to a quiet start but Kyiv is pursuing a strategy in which it is testing Russia’s defenses.
China’s economic recovery is stalling. Here’s what to expect next
A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention.
UBS loves this low-cost global airline and expects its shares to rise 50% in the next year
The airline’s stock is up 50% this year already as it plans to grow by nearly threefold by 2030.
Fundstrat’s Tom Lee shares his S&P 500 target for 2024 and names stocks to buy
Lee says he believes comments from the U.S. Federal Reserve meeting this week are giving stocks the “green light” to rally further.
S&P 500 is little changed, heads for best week since March: Live updates
Investors have considered whether the current strength in the market is here to stay.
