European markets close higher on inflation data boost; Stoxx 600 up over 1.4%
European markets closed higher as investors looked ahead to the release of more U.S. economic data and minutes from the Fed’s policy meeting.
The UK recession will be almost as deep as that of Russia, economists predict
The U.K.’s economic contraction in 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity.
Ant gets approval to expand its consumer finance business
Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators’ concerns.
Manhattan apartment sales plunge in fourth quarter as brokers fear a frozen market
Manhattan real estate brokers are concerned both buyers and sellers are staying on the sidelines.
South Korea seeks Chinese national missing from Covid quarantine
The individual, who was not identified, has been placed on a wanted list, the official, Kim Joo-young, said.
Stocks rise after latest batch of economic data, Fed minutes ahead
Stocks recovered from losses to trade higher ahead of Fed minutes on Wednesday.
Buy these global clean energy stocks, UBS says, forecasting one to rise 50%
UBS expects good quality energy suppliers to perform well, even against a backdrop of rising interest rates.
Ukraine war: Moscow’s invasion likely to inflict long-term economic decline on Russia
Russia thought it would emerge from the Ukraine invasion with a bigger role on the global stage. But it’s growing more isolated and looks likely to face a long-term economic decline. CNBC’s Ted Kemp reports.
New to the job market? These 5 ‘soft’ skills could give young workers an edge, according to LinkedIn
“Hard skills can help you get a recruiter’s attention, but soft skills can help you land the job,” said a career expert from LinkedIn.
Wall Street is bullish on this chip giant, with Morgan Stanley giving it 55% upside
The once-hot chip sector was hit hard in 2022, but Wall Street looks to be turning more optimistic on semiconductors — and one stock in particular.
