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.
UBS says ‘going into Japan now is like catching a falling knife,’ warns stock sell-off will continue
The Nikkei 225 and the Topix extended their declines, falling past 7% on the day, and hovering close to bear market territory.
No passports needed: Singapore launches biometric immigration processing at Changi Airport
Singapore launches trials for travelers to clear immigration at Changi Airport using biometric data in lieu of passport checks.
Crypto selloff wipes out $367 billion in value as bitcoin, ether plunge
Bitcoin and ethereum suffered steep drops on Sunday as investors sold out of risky assets.
