China tightens regulations on consumer finance companies
China has tightened the screws on consumer finance companies, raising the capital limit for non-bank financial firms which provide small personal loans.
Bank of Japan ends the world’s only negative rates regime in a historic move, abandons yield curve control
These changes are the sharpest pull back in one of the most aggressive monetary easing exercises globally, as BOJ sought to reflate its economy.
Japan’s central bank could end negative interest rate policy after 17 years
Will the Bank of Japan end negative interest rate policy and tweak rates higher at its March meeting? CNBC’s Kaori Enjoji talks about the two conditions that BOJ Governor Kazuo Ueda said must be met before a rate hike — a rise in prices and wages.
CNBC Daily Open: U.S. consumer sentiment stays steady
American consumer sentiment seems to be holding steady even as inflation concerns linger.
China Evergrande’s flagship unit, founder punished for securities fraud
Evergrande Group founder fined 47 million yuan and barred for life from securities market over result inflation, fraud, and disclosure failures.
China’s military, state media slam U.S. after report on SpaceX spy satellites
Chinese military and state media criticized the U.S. for global security threats following a report on SpaceX building spy satellites.
Japan raises interest rates for the first time in 17 years; Nikkei whipsaws
The Bank of Japan has ended its negative interest rate policy, while the RBA held rates at 4.35%, as expected.
China’s BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
Following some immediate sales success in new markets last year, BYD is expanding its production and presence in several emerging markets.
Worried about lofty valuations? Berenberg names 5 top stocks in a ‘cheap’ sector
The investment bank pointed out that investors in the sector on previous but similar occasions outperformed the market by an average of 108%.
Outperforming fund manager says this software stock is set to be a ‘serious player’ in a corner of AI, gives it nearly 60% upside
Brian Stutland of Equity Armor Investments says this stock is “starting to become very creative in the AI world.”
