The British pound just had its worst month for a year — and strategists expect a further fall
A sharp reduction in peak interest rate expectations and a weak economic outlook are weighing on the U.K. currency.
Hong Kong shares drop 3%, dragged down by real estate and energy
Hong Kong’s Hang Seng Index dropped more than 3% Tuesday, dragged by its real estate and energy sector.
Here’s how to see Disney’s new ‘Frozen’ park area before it opens to the public
World of Frozen, inspired by Disney’s blockbuster movie franchise “Frozen,” is set to open at Hong Kong Disneyland Resort in November.
Southeast Asia is set to drive up demand for natural gas — it’s where ‘all the action’ will be
Southeast Asia is expected to become the main demand drivers for the LNG market over the next few years, industry watchers forecast.
Hong Kong leads Asia-Pacific markets lower; Australia’s central bank keeps interest rate unchanged
Hong Kong stocks fell over 3%, leading wider losses in the region as the Reserve Bank of Australia kept rates unchanged.
Goldman Sachs says this global delivery platform’s shares are set to soar over 100%
Striking a bullish tone, Goldman Sachs analysts led by Lisa Yang described the company as a market leader in the food delivery space.
Outperforming portfolio manager names 5 discounted global stocks to buy right now
Many stocks have become “a bit cheaper” and investors could get good returns, according to one portfolio manager, who calls one a “long-term winner.”
A ‘phenomenal’ stock: Irrationality has made this wealth manager look super cheap, investor says
Investment bank analysts expect the stock to rise by 35% over the next 12 months, according to FactSet polling.
CNBC Daily Open: The Russell 2000 is flashing a warning
The Russell 2000 fell 1.6% Monday, dragging down its year-to-date performance to negative 0.2%. While not a canary in a coal mine, it’s a cautionary tale.
Dow loses more than 400 points and goes negative for 2023 as interest rates spike: Live updates
The Dow Jones Industrial Average slipped Tuesday and the 10-year Treasury yield popped to its highest level since 2007.
