Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
Japan’s incoming PM Ishiba calls election for Oct 27, seeks to unify party
“It is important for the new administration to be judged by the people as soon as possible,” Ishiba said at a press conference.
UK economy grew more slowly than thought but outlook improving
British economic output grew by 0.5% in the second quarter, slightly slower than previously thought, figures from the Office for National Statistics showed on Monday.
CNBC Daily Open: Shiny September days for stocks
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.
Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win
Shigeru Ishida had beaten Economic Security Minister Sanae Takaichi in the final round of the Liberal Democratic Party election on Friday.
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.
