Sep 30, 2024 | Markets
PMIs suggest manufacturing activity contracted before stimulus Data offer last snapshot of economy before Golden Week holiday China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus...
Sep 29, 2024 | Markets
Nikkei 225 futures plummet after Ishiba’s surprise win Ishiba opponent Takaichi opposed higher interest rates Japanese stocks will likely tumble on Monday after Shigeru Ishiba’s surprise victory in the ruling party’s leadership race raised expectations that interest...
Sep 29, 2024 | Markets
With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, governments offered generous subsidies to...
Sep 28, 2024 | Markets
Meta CEO’s wealth has jumped sixfold in the past two years Shares of Meta are trading near record high, up 60% this year Mark Zuckerberg’s bet on the metaverse initially looked like a colossal mistake, wiping more than $100 billion from his net worth. But now it’s...
Sep 28, 2024 | Markets
Fund managers see pressure from dim earnings outlook, US vote Jury is out on growth impact from China’s stimulus policies European stocks face a series of hurdles to extend their 2024 rally after hitting another record high this week. Money managers at Goldman Sachs...
