Chinese equities have dropped to their lowest point since January 2019, reflecting a significant loss of investor confidence in both the country’s economic recovery and corporate earnings. On Thursday, the CSI 300 Index—a key benchmark for onshore shares—closed down by 0.4%, extending its losses since a peak in May to around 14%. This marks the

U.S. stock futures declined while bond prices climbed ahead of a crucial inflation report, raising concerns that the Federal Reserve may have delayed easing monetary policy for too long. Amid fresh fears of decelerating economic growth, global bond yields hit two-year lows, with oil trading below $70 a barrel. Investors are now turning their attention

Mortgage lending across Europe saw a significant rebound in July, driven by falling interest rates as the European Central Bank (ECB) began cutting rates, which has bolstered home buying activity. Banks in the eurozone disbursed €71 billion ($78.5 billion) in home loans during July, marking the highest level since August 2022, according to the latest

Since the advent of cryptocurrencies, there has been no shortage of critics who claim that digital assets serve little purpose outside of speculation and gambling. While early excitement surrounded concepts like Web3 and decentralized finance (DeFi), these innovations have largely remained speculative ventures. However, the search for a meaningful, real-world application for cryptocurrencies may finally

Semiconductor stocks, including giants like Nvidia Corp., Broadcom Inc., and Advanced Micro Devices Inc., could face significant downside if upcoming US jobs data indicate a sharper economic slowdown, according to Bank of America strategist Michael Hartnett. Hartnett warns that if US payroll figures released on Friday fall below 100,000, and the unemployment rate rises above

DSV A/S, the Danish logistics giant, has pledged to limit job cuts at Deutsche Bahn AG’s logistics subsidiary, DB Schenker, as it seeks to gain an edge in the competitive bidding process for the unit. This move is seen as a strategic effort to win favor over rival bidders by addressing employment concerns, according to

The growing dominance of index funds, spearheaded by giants like BlackRock and Vanguard, has significantly reshaped Corporate America’s equity market landscape. These funds, which now manage trillions of dollars in assets, have created an enormous demand for shares of the largest publicly traded companies. However, a key and often overlooked element in this transformation is

The stock market began September on a challenging note, with the S&P 500 experiencing its most significant drop since the sharp selloff in early August. Investors are increasingly cautious as they await crucial economic data that could influence the Federal Reserve’s upcoming decisions on interest rate cuts. Wall Street traders pulled back on risk, leading

Zimbabwe’s central bank has injected $190 million into the foreign-exchange market since the introduction of the ZiG (Zimbabwe Gold), a new bullion-backed currency. This strategic move aims to stabilize the economy and meet the growing demand for US dollars, according to a member of the monetary policy committee. The ZiG, introduced in April, is backed

Bank of America Corp. strategists are advising investors to consider replacing bonds with commodities in their 60/40 portfolio strategies. Traditionally, this strategy involves allocating 60% of a portfolio to equities and 40% to fixed income. However, in the current environment of sustained high inflation, the BofA strategy team, including Jared Woodard and Michael Hartnett, suggests