China protests send global stocks lower as strategists see Covid disruption persisting
Global stocks pulled back on Monday after rare protests erupted across China amid growing unrest over the government’s zero-Covid policy.
Protests in China are widespread, and that’s what makes them so serious for Beijing, says Ted Kemp, managing editor of CNBC International Digital
Ted Kemp, Managing Editor of CNBC International Digital, explains how China has reached a tipping point and why the breadth of protests is dangerous to the regime.
Barclays CEO Venkat to undergo cancer treatment, prognosis ‘excellent’
British bank Barclays PLC said on Monday its chief executive officer C.S. Venkatakrishnan would be undergoing treatment for non-hodgkin’s lymphoma.
Kremlin denies Russians are about to withdraw from nuclear plant; ‘ugly’ clash erupts between Kyiv officials
Ukraine’s President Volodymyr Zelenskyy said the country must prepare for new missile attacks from Russia.
China might not make major changes to its Covid policy any time soon, despite weekend protests
Groups of people in China took to the streets over the weekend to vent their frustration, built up over nearly three years of stringent Covid controls.
This software stock surged 37% last week, and analysts say it could rise by another 14%
Global stocks inched higher over the past week, but one stood out. It was among only six such stocks in the MSCI World index to rise over 10% in the week.
CEO of multimillion-dollar company Casetify shares his No. 1 ‘super underrated’ business tip
“Learn about running a business from your mom and dad. Run a business that makes money and is profitable. That’s the way to go,” said Wesley Ng.
Aggressive central bank easing will return within 18 months, CIO says, naming stocks to buy
Jacob Mitchell sees a “fair amount of downside” in S&P earnings per share, and discusses the companies he sees strong growth potential in.
Protests against Covid controls erupt across China
Rare protests broke out across China over the weekend as groups of people vented their frustration over the zero-Covid policy.
Europe’s real energy crisis will come next winter – but it also won’t last forever
Despite apprehension around Europe’s energy supply for the coming winter, government leaders and energy experts warn the continent’s real challenge will come next year.
