China’s October retail and industrial data miss expectations
Three indicators on China’s economy in October missed expectations, according to data released by China’s National Bureau of Statistics on Tuesday.
What is the G-20, and what has it accomplished?
Established in 1999, the G-20 is an informal gathering of twenty of the world’s largest economies that convenes annually in an attempt to address the most pressing issues of our time. However, the bloc has repeatedly come under fire to failing to achie…
Hong Kong stocks up more than 4% as tech stocks rise; China’s activity data disappoints
Asia markets were mostly higher, led by Hong Kong, after the meeting between the U.S. and Chinese presidents and China’s activity data disappointed.
S&P 500 closes higher after another lighter-than-expected inflation report, Nasdaq jumps 1.4%
Wholesale prices rose 0.2%, less than expected, in October and Walmart boosted the Dow after raising its guidance.
Top Morningstar strategist says stocks are undervalued by 15% and shares 6 favorites
Morningstar’s chief U.S. strategist believes current headwinds will start to recede early next year, benefiting stocks.
China is easing its Covid measures. Here’s how market pros are playing it
Fund managers and analysts reveal their top stocks to play a China reopening.
People who fly private jets don’t want to return to airlines. But it’s costing them a lot more than it used to
A new survey shows private jet travelers want to continue to fly privately. But they’re shopping around for cheaper companies, thanks to increasing costs.
‘No longer science fiction’? Metaverse could pump $1.4 trillion a year into Asia’s GDP, report says
That would make up roughly 1.3% to 2.4% of overall GDP, said Deloitte, assuming “sustained technology investments made in the next five to ten years.”
David Tepper’s hedge fund narrows its holdings, dumps Kohls and Occidental Petroleum
Appaloosa sold stocks again after also reducing its equity holdings in the second quarter.
Warren Buffett’s Berkshire reveals Taiwan Semiconductor position, causing shares to jump 10%
The conglomerate added more than 60 million shares of the Taiwanese chipmaker’s American depositary receipts last quarter.
