UK’s Starmer to hold emergency meeting as riots intensify
British Prime Minister Keir Starmer will hold an emergency meeting with police chiefs on Monday after days of violent anti-immigration protests.
Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cut
Wharton’s Jeremey Siegel called on the Fed to make an emergency 75 basis-point cut in the federal funds rate after Friday’s jobs report.
SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune
SoftBank CEO Masayoshi Son’s net worth fell by $4.6 billion on Monday, according to the Forbes real-time billionaires list.
The Fed is trying to ‘fight a ghost’ as recession fears mount, investor says
The Federal Reserve may have little room for manoeuvre as a global market sell-off continues amid fears of a looming U.S. recession, investor Cole Smead warned.
I’m prepared to ‘start buying Japan,’ Monex Group’s Jesper Koll says despite major stock sell-off
Jesper Koll, head of Japan at Monex Group, says he is prepared to “start buying Japan” even as Japanese markets experienced a major stock-sell off on Monday.
Ukraine finally sends F-16s into the battle against Russia — but they might not be a game-changer
It was a pivotal moment for Ukraine as it unveiled its first F-16 fighter jets on Sunday. The difference the aircraft will make in battle remains to be seen.
A global stock sell-off is deepening with investors fleeing to safe havens
Investors are turning to safe-haven assets such as the U.S. Treasurys and Swiss franc, as the global stock sell-off deepens.
Europe stocks close 2.2% lower amid global downturn as volatility index spikes to Covid-era high
European stocks fell sharply at the start of the new trading week, while the VIX volatility index spiked to a Covid-era high.
High temperatures scorch China, spiking power demand
The national weather forecaster on Monday cautioned of potential fire hazards caused by excessive power consumption and excessive electrical loads.
