Philippines’ inflation soars to 14-year high, fueling expectations of more rate hikes
Philippines’ annual inflation data soared to 8.0%, marking the country’s fastest inflation in 14-year high since November 2008.
Russian oil cap will work, EU ministers insist, despite Kremlin opposition and broad skepticism
It is “the right message at the right time,” Irish Finance Minister Paschal Donohoe said of the oil price cap. But many market participants remain wary.
China’s Xi has met with more than 25 world leaders since consolidating power at home
Chinese President Xi Jinping has met with more than 25 heads of state — including U.S. President Joe Biden — since Oct. 31, according to government releases.
Bank of America sees AI transforming the internet over the next five years—top stocks to ride trend
AI and machine learning will be a “critical driver of all things Internet,” Bank of America said in a note Monday.
Fund manager says a ‘turning point’ for Big Tech is near. Here’s what he’s watching
When asked where investors should be looking to put their money, fund manager Julian Howard said it’s “got to be large-cap tech.”
China’s Covid lockdowns are having a lessening impact on its economy
China’s Covid lockdowns are having a lessening impact on the economy for the first time since early October, according to Nomura.
Globalization has been breaking down for a while – here’s what could end it
Supporters of globalization say it has created a more open, tolerant and peaceful world, but with Russia’s invasion of Ukraine, the U.S.-China trade war, and a rise in populism, is its demise near?
India signals it will continue to buy oil from Russia
India will prioritize its own energy needs and continue to buy oil from Russia, its foreign minister signaled Monday.
Analysts think these November winners can rally further — and give 2 more than 160% upside
These global stocks had a winning November, but analysts think they’ve got much further to go.
Morgan Stanley turns bullish on China stocks, giving them serious upside potential
Morgan Stanley gives two Chinese stocks potential upside of around 130%.
