Bitcoin drops to lowest in more than a week, ether slides as FTX collapse ripples through crypto market
The cryptocurrency market has come under pressure over the last two weeks as problems at major exchange FTX came to light.
Goldman cuts oil forecast on ‘lack of clarity’ over G-7 Russia oil price cap, China Covid outbreaks
The investment bank lowered its oil price forecast by $10 to $100 per barrel for the fourth quarter of the year.
Want to cash in on the FIFA World Cup? HSBC names the global stocks set to win
Global companies will be vying for business from the 1.5 million fans expected in Qatar. HSBC names the stocks it expects to benefit.
Malaysian voters erred on the side of conservatism at weekend polls, analysts said
Malaysia is facing a hung parliament with no clear coalition winner emerging to form a majority government.
Chinese real estate stocks surged this month. But analyst warns of ‘weak reality’ vs. high expectations
China’s recent real estate measures don’t directly resolve the industry’s main problem of falling home sales and prices.
One global tech stock that was a top performer last week could surge 63% more, analysts say
It’s been a muted week for global stocks, but some stood out. Here are the 10 global stocks under MSCI World that rose more than 10% over the past week.
China reports first Covid deaths since May lockdown in Shanghai
Three people died over the weekend after contracting Covid, the first deaths from the virus that mainland China has recorded since May.
‘Incredibly cheap’: Strategist says Chinese tech stocks, like Alibaba, are a clear buy right now
“Without a shadow of a doubt, being underweight China is going to cost you going forward,” China Renaissance’s head of equities said.
Morgan Stanley’s Mike Wilson predicts the S&P 500’s bottom, calls it a ‘terrific buying opportunity’
Chief U.S. Strategist Mike Wilson says we’re in the “final stages” of the bear market, and predicts when the S&P 500 will hit a new low.
Hong Kong stocks fall on Covid fears; China keeps benchmark lending rates on hold
Shares in the Asia-Pacific mostly fell on Monday amid Covid concerns and as China’s central bank kept its benchmark lending rates, or loan prime rates, on hold.
