China property stocks rally after major cities ease homebuying restrictions
Shares of Chinese property developers rallied on Monday, fueled by easing homebuying measures, following authorities’ blitz of policy stimulus last week.
China’s factory activity contracts less than expected in September — but shrinks for a fifth straight month
The official manufacturing purchasing managers’ index came in at 49.8, slightly beating the 49.5 expected among economists polled by Reuters.
CNBC Daily Open: Stocks are dancing in September
Stocks’ defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve’s jumbo rate cut and upbeat economic data.
CNBC Daily Open: Stocks are dancing in September
Stocks’ defiant showing this September was helped by positive sentiment generated by the U.S. Federal Reserve’s jumbo rate cut and upbeat economic data.
Japan’s Nikkei falls over 4%, Australia stocks hit fresh all-time high as investors await China data
Japan saw its retail sales for August climb 2.8% year on year, beating Reuters poll estimates of a 2.3% rise, and up from a revised 2.7% rise in July.
China stocks just saw their best day of trading since 2008 amid a stimulus rally
China’s CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.
Major CVS shareholder plans activist push, will meet with management, sources say
Glenview Capital is expected to meet with CVS management on Monday to discuss its plans for value creation at the struggling business.
Major CVS shareholder plans activist push, will meet with management, sources say
Glenview Capital is expected to meet with CVS management on Monday to discuss its plans for value creation at the struggling business.
‘Full force’: Malaysia PM says crusade against corruption is not over as country courts investment
The Southeast Asian nation lost around 277 billion ringgit in economic output due to corruption from 2018 to 2023, according to official estimates.
Forget Nvidia: Here’s how one CIO is positioning after the rate cut
Kingsley Jones, a chief investment officer at Jevons Global, says the rate cut has “supported the market,” and reveals the sectors and stocks he’s bullish on.
