IMF chief says war in Ukraine is the ‘single most important negative factor’ for global economy
“Anything that creates more anxiety is … damaging for the prospects for growth and for meeting the needs and aspirations of people everywhere,” Kristalina Georgieva said.
Amazon is looking to trim head count through a voluntary buyout program
Amazon sent out “voluntary severance” offers to some employees this week as it looks for ways to rein in costs beyond the massive layoffs already announced.
Singapore minister says country won’t take sides as there’s no win-win scenario in fractured world
“We believe that the rule of law, especially on the international front, is the best guarantee for the survival of a small country,” Chan Chun Sing said.
The Fed ‘pivot’ is dead, says strategist, who shares where to invest right now
Fidelity’s Salman Ahmed thinks the concept behind the Fed’s so-called “pivot” no longer makes sense and shares what investors should be looking to instead.
Chinese stocks roar in a comeback, but here’s why big investors remain cautious
Chinese stocks are enjoying a strong November, but some investors are hesitant to jump back in.
Malaysia’s upcoming election is poised to be a battleground of uncertainty
Political experts predict more drama at Malaysia’s upcoming general election with no certainty of a clear winner, a potential return of long-time ruling party Barisan Nasional and a possible hung parliament.
Is it time to return to tech stocks? Here’s what Citi, BlackRock and other pros are saying
Big Tech stocks rallied last week after a brutal year, on hopes that a peak to inflation could be in sight. Analysts weigh in on whether it’s time to return.
S&P 500, Nasdaq close lower for a second day as investors weigh outlook for higher interest rates
Investors deliberated over comments from Federal Reserve officials signaling interest rate hikes to slow inflation are far from over.
Chinese takeover of the UK’s biggest chip plant blocked on national security grounds
Newport Wafer Fab runs Britain’s largest chipmaking facility, producing some 32,000 silicon wafers each month.
Vanguard says 60-40 investing strategy is not dead and will work out again for investors
After ugly losses in stocks and bonds, many investors have written off the 60/40 investing approach, but Vanguard says the strategy will rise again.
