US Faces Inflationary Risks From China Factory Boom, NY Fed Says

New York Fed economists highlight risks from China policy China is overseeing a surge in industrial investment China’s effort to boost manufacturing and shore up the economy amid a real estate slump could put “meaningful upward pressure” on US inflation and push back...

Exodus From Thai Stocks Worsens on Deepening Corporate Setback

Outflows from stocks were the most in the region this year Political uncertainties add to economic woes to dim outlook A market revival for Thailand just isn’t coming. The nation’s first election since 2019 was supposed to be the catalyst to drive economic growth and...

Tim Cook’s Love for China Helps Xi Fight Fears of Economic Slump

Executives flock to Beijing at start of a forum-filled week China’s premier offers little new on policy steps amid angst China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s second-biggest economy got a boost from enthusiastic...

Fisker Delisted by NYSE as EV Maker Races to Save Itself

Price fell to 9 cents before shares were halted Monday morning EV maker’s talks with automaker for investment were terminated The New York Stock Exchange announced Monday it was suspending trading of Fisker Inc. stock after the electric vehicle startup’s shares sank...

Bill Gross Laments ‘Excessive Exuberance’ as Stocks Surge

Pimco co-founder notes stocks unaffected by higher real yields Bonds are unattractive because there’s ‘too much supply’ Bill Gross warned that investors are in for a bumpy ride as “excessive exuberance” sweeps financial markets. The S&P 500 Index surged above...