OCBC profit jumps 31%, rounding up record quarter for Singapore banks
But analysts say growth could be derailed by a big increase in U.S. interest rates — already at multi-year highs — as central banks try and tackle runaway inflation.
Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation
Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down sky-high inflation.
Taiwan, U.S. to hold in person trade talks next week
Taiwan and the United States will hold in-person trade talks next week in New York under a new joint initiative, the U.S. and Taiwanese governments said.
Barclays cuts China GDP outlook after forecasting U.S., Europe recession
Barclays cut its forecast for China’s economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.
Elon Musk will begin laying off Twitter staffers, days after his $44 billion takeover
In an email to staff obtained by NBC News, Twitter said it would be “reducing our global workforce on Friday.”
This global biotech stock could soar 398% in the next year, Morgan Stanley says
The company develops regenerative cell medicines for issues such as strokes and traumatic brain injuries.
Holding on to your best people can be a mistake, says manufacturing CEO
As a manager, it can be tempting to do everything within your power to hold on to your best people. But that kind of thinking can ultimately backfire on you as a leader.
This tech stock is a ‘screaming buy’ right now: Ritholtz’s Josh Brown
“Don’t expect this to be a hot stock right now. But I think it’s insanely cheap,” Josh Brown, CEO of Ritholtz Wealth Management, said of one Big Tech firm.
Hong Kong’s Hang Seng index closes 5% higher on China reopening speculation; Asia markets mixed
Hong Kong stocks rose around 5% in a mixed Asia-Pacific session on Friday.
CNBC Stock World Cup 2022: Recap of winners and losers so far
If you invest today, which of the two companies going head to head will give you a greater total return over the next 12 months? We ask experts.
