China stocks just had their best day in 16 years, sending related U.S. ETFs soaring
The Shanghai Composite rallied 8.06% in its best day since September 2008.
These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
Trivariate Research is laying out some U.S. companies that could win big in China’s latest stimulus deal.
Google to invest $1 billion in Thailand to build data center and accelerate AI growth
Google is investing 36 billion Thai baht, or $1 billion, into Thailand to build a new data center and expand its cloud infrastructure, the company said Monday.
East Coast port strike: ILA union rejects wage hike offer near 50% as shutdown at midnight nears
A port strike on the East and Gulf coasts among ILA union workers is still set for Tuesday, as a wage hike offer near 50% from port ownership was rejected.
German inflation drops to 1.8% in September, below expectations
The harmonized German consumer price index eased to 1.8% in September, more than expected, preliminary data from the country’s statistics office showed Monday.
‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech
Chinese President Xi Jinping made no mention of specific countries or trade conflicts in his Monday speech and portrayed Beijing as upholding globalization.
Rupert Murdoch’s property group REA ends chase to buy Rightmove after multiple rejected offers
Rupert Murdoch’s Australian property listing firm REA Group said Monday it would no longer seek to buy UK property portal Rightmove.
UK’s Rightmove rejects sweetened $8.3 billion bid from Murdoch’s REA Group
Shares in the FTSE 100 company were down about 4% at 642 pence in early trade.
DirecTV clinches long-elusive deal to combine with Dish
AT&T said on Monday it would sell its 70% stake in satellite TV service DirecTV to private equity firm TPG for $7.6 billion.
Oil markets not pricing in an ‘all-out war’ after Israel kills Hezbollah leader, but risks persist
Oil prices barely budged after Hezbollah confirmed that its leader was killed on Friday in an Israeli airstrike in the Lebanese capital of Beirut.
