by Bloomberg.com | Sep 9, 2024 | alerts, Markets/Economy
Slowest core CPI since 2021 boosts case for stronger stimulus Weak demand puts China’s growth target of around 5% at risk China’s core inflation cooled to the weakest in more than three years, fueling calls for greater efforts to boost household spending as weak...
by Bloomberg.com | Sep 8, 2024 | alerts, Markets/Economy
Risk aversion likely to prevail again this week: Shinkin Asset Aussie dollar could soon come under severe strain: IG Markets The outlook for Asian stocks is deteriorating as the worse-than-expected US payrolls report on Friday undermined earlier optimism over a soft...
by Bloomberg.com | Sep 8, 2024 | alerts, Markets/Economy
Venture capital firm to allocate $754 million to growth deals Atomico CEO: funds closed in “toughest environment” for VCs Atomico, a London-based venture firm that has backed fintech darlings Stripe Inc. and Klarna Bank AB, has raised $1.24 billion for two new funds....
by Bloomberg.com | Sep 6, 2024 | alerts, Markets/Economy
JPMorgan, UBS Global, Nomura downgraded China in recent weeks People are ‘throwing in the towel,’ Magellan’s Lam says Weakness in Chinese equities is eroding the confidence of some of Wall Street’s staunchest supporters, with hopes for a turnaround fading in the...
by Bloomberg.com | Sep 6, 2024 | alerts, Markets/Economy
Retailer intends to have stalking horse bidder lined up Discount chain has suffered declining sales, losses for years Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a...
