World’s biggest pension fund posts loss in longest losing streak in two decades
A sharp drop in the value of the U.S. dollar against the yen weighed on the value of Japan’s Government Pension Investment Fund’s foreign assets.
China’s real estate crisis isn’t over yet, IMF says
China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday.
Blackouts, currency dives and corruption: Pakistan’s economy is on the brink of collapse
Pakistan’s foreign currency reserves are so depleted it has only enough to pay for roughly three weeks of imports.
European markets pull back as investors watch economic data, earnings
European markets retreated on Friday as investors digest key central bank decisions, economic data and corporate earnings.
Vietnam EV maker VinFast delays U.S. car deliveries until late February
It started to ship its first 999 EVs in November last year, but has not delivered them to customers yet after initially targeting December deliveries.
Chinese Tesla rival Xpeng launches flagship EVs in Europe in international push
Xpeng, a Chinese electric vehicle startup, launched its P7 sedan and its G9 sports utility vehicle (SUV) in Denmark, Norway, the Netherlands and Sweden.
Europe is set to ramp up its oil war against Russia — and markets are bracing for more disruption
It is thought that the EU’s forthcoming embargo on Russian petroleum products will be both more complex and more disruptive than what has come before.
Goldman Sachs says European stocks will continue to outperform the U.S. Here’s why
Goldman Sachs is doubling down on Europe’s fortunes versus the U.S. this year — unless one specific market move occurs.
Sanctions on Russian crude oil have ‘failed completely,’ oil analyst says
Sanctions imposed on Russian crude oil have so far have “failed completely” and new price caps could prove immaterial as well, analysts told CNBC.
S&P Dow Jones is knocking Adani Enterprises off its sustainability index
Adani Enterprises will be removed from the Dow Jones Sustainability Indices, effective Feb. 7, S&P said in an announcement.
