Oct 17, 2024 | Markets
Get caught up. Another day, another disappointment for China bulls. Anticipation built before officials gathered in Beijing to offer details on the government’s plans to draw a line under the property market’s slump, but what they delivered didn’t quite live up to the...
Oct 17, 2024 | Markets
Consumer prices rose 1.7%, rather than 1.8%, Eurostat says Readings for core and services gauges were also lowered Euro-area inflation slowed more than initially reported – cementing the case for a second straight interest-rate cut by the European Central Bank....
Oct 16, 2024 | Markets
Investors shifted money from trading accounts to savings: ICBC Government briefings have fueled sharp swings in sentiment China’s 200 million-strong army of retail investors was supposed to help the market turn a corner. Instead, it has become a source of weakness....
Oct 16, 2024 | Markets
The Chinese company is flooding markets with its cars—while the US is doing everything it can to keep the booming brand out. Malta, a tiny archipelago in the Mediterranean Sea, might not seem worth the attention of a disruptive new car brand. The nation of just under...
Oct 16, 2024 | Markets
Data on Friday set to show GDP grew 4.5% y/y in third quarter Traders are still waiting for more details on fiscal stimulus China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of stimulus measures in late September to...
Oct 16, 2024 | Markets
China’s consumer slowdown hits high-end conglomerate LVMH Rivals Brunello, Hermes, Kering have yet to report sales Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest...
