by Bloomberg.com | Mar 5, 2024 | alerts, Markets/Economy
Mainland-listed shares climb while those in Hong Kong fall China’s 5% growth traget a disappointment to some investors Some exchange-traded funds tracking Chinese stocks saw a surge in turnover, a sign that state-backed funds are supporting the market after some...
by Bloomberg.com | Mar 4, 2024 | alerts, Markets/Economy
Increase in military expenditure is the biggest in five years Corruption is raising questions about nation’s armed forces China’s defense spending will grow by 7.2% in 2024 — the most in five years — an increase that comes amid signs corruption is undermining a...
by Reuters.com | Mar 4, 2024 | alerts, Markets/Economy
TOKYO, March 5 (Reuters) – Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing’s plans to support the economy as its week-long annual session of parliament, the National People’s...
by Bloomberg.com | Mar 4, 2024 | alerts, Markets/Economy
Marko Kolanovic warns equities, Bitcoin prices rising too fast Goldman’s Kostin says valuations supported by fundamentals Are US stocks forming a bubble? It depends on who you ask. To JPMorgan Chase & Co.’s chief market strategist Marko Kolanovic, the dramatic...
by Bloomberg.com | Mar 4, 2024 | alerts, Markets/Economy
China became world’s biggest vehicle exporter in 2023 US could impose limits on China EVs, Bloomberg has reported China charged the US with engaging in protectionist trade measures amid signs that Washington is prepared to step up efforts to keep Chinese electric...
by Bloomberg.com | Mar 4, 2024 | alerts, Markets/Economy
Unit to offer private shares to accredited investors Valuations of private firms like OpenAI, SpaceX have jumped Morgan Stanley’s wealth management arm is giving its clients a chance to buy and sell coveted shares of private companies before they are available to the...
