CNBC Daily Open: With an unchanged PPI, the Fed’s near the finish line
With a snap of its fingers, the producer price index assuaged worries over inflation remaining stubborn.
China’s Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo’an laid out four measures, starting with increasing support for local governments in resolving debt risks.
China launches war games around Taiwan, drawing ire from Taipei, Washington
China’s military began new war games near Taiwan on Monday, warning against “separatist acts,” drawing condemnation from both Taipei and the U.S. government.
Singapore keeps monetary policy steady as third-quarter growth picks up
Singapore’s central bank kept its monetary policy unchanged on Monday, with analysts expecting a loosening early next year despite a Q3 economic uptick.
CNBC Daily Open: With a stagnant PPI, the Fed’s nearly at the finish line
With a snap of its fingers, the producer price index assuaged worries over inflation remaining stubborn.
Protesters in Spain told tourists to ‘go home.’ Instead more arrived.
Tourist arrivals to Spain increased following anti-tourism protests earlier this year. But organizers against mass tourism say the fight is far from over.
China’s CSI 300 closes nearly 2% higher after choppy trading as investors digest stimulus plan
China’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.
Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 20% upside
CNBC Pro looks at three additions to Goldman’s “directors’ cut” of top stocks across Asia-Pacific and Europe.
Forget AI chips: These traditional semiconductor stocks are set to soar 70%, says Morningstar
Equity research firm Morningstar also warns that chipmakers associated with AI look overvalued.
