Global Stocks Slide As Fears Mount over Us Growth
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Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
US Blacklists Tencent Over Alleged Ties With Chinese Military
In the world of video games, Tencent is one of the major players in part because it owns Riot Games--the company behind League of Legends --as well as stakes in other companies, including Epic ...GameSpot - Jan. 7 -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - Jan. 7 -
The US stock market has never been more concentrated. Does it matter?
World’s biggest game of JengaFinancial Times - Jan. 7 -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - Jan. 7 -
Death toll in Mount Everest earthquake reaches 95
Yahoo News - Jan. 7 -
Deadly earthquake shakes Tibet region of western China near Mount Everest
A deadly earthquake struck near the city of Shigatse in Tibet region and was felt in neighboring Nepal and India. The epicenter was in a remote high-altitude region about 50 miles northeast of ...NBC News - Jan. 7 -
EIB fears ‘reputational disaster’ over revised EU green reporting
Internal memo reveals multilateral lender’s fear that new rules will put its climate credentials at riskFinancial Times - Jan. 7 -
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - Jan. 7 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
China rips US over sanctions in hacking incidents targeting infrastructure
China slammed the U.S. on Monday for sanctioning a Beijing-based cybersecurity firm allegedly behind a botnet targeting American infrastructure, accusing Washington of “using the issue of ...The Hill - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
South Korea crisis mounts as clock ticks on arrest warrant for president
Anti-corruption agency taps police to bring Yoon Suk Yeol into custody following stand-off on FridayFinancial Times - Jan. 6 -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - Jan. 5 -
Jeju Air’s Problems Mount After Crash of Flight 7C2216
South Korea’s leading low-cost carrier, heavy with debt and its stock already near record lows, is now facing intense public and government scrutiny.The New York Times - Jan. 5 -
Israel’s Military Pounds Gaza as Pressure Mounts for Cease-fire
Gaza’s health ministry said that 88 people had been killed over the past day. Israeli and Hamas officials have been holding indirect cease-fire talks via mediators in Qatar.The New York Times - Jan. 5 -
Bengals stay alive for playoffs with win over Steelers, whose late-season slide continues
Saturday night's game had some playoff implications for both teams.Yahoo Sports - Jan. 5 -
Honduras threatens to expel US military over Trump deportation threat
Honduran President Xiomara Castro issued President-elect Trump a stark warning earlier this week over his vow to pursue mass deportations when he returns to the White House, threatening to bar U.S. ...The Hill - Jan. 4 -
Israel faces mounting pressure over detention of Gaza hospital chief after raid
Israel faced mounting pressure Saturday over its detention of Gaza hospital chief Dr. Hussam Abu Safiya, during a raid on Kamal Adwan hospital.NBC News - Jan. 4 -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - Jan. 4 -
Surgeon general's warning sends alcohol stocks sliding
Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol. Boston Beer ...The Hill - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
Iran warns Italy that bilateral ties at risk if it bows to 'hostile' US demands over drone suspect
The fate of an Italian journalist detained in Tehran and an Iranian engineer imprisoned in Italy on a U.S. warrant have grown even more intertwinedABC News - Jan. 3 -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Editors at Science Journal Resign En Masse Over Bad Use of AI, High Fees
Members of the Elsevier-published Journal of Human Evolution quit, citing AI production processes introducing errors, high author fees, and concerns over editorial independence.Wired - Jan. 2 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
Kia Recalls 23K EVs Due to Missing Seat Mounting Bolts
Yahoo News - Jan. 2 -
The stock market rarely scores hat tricks. This strategist fears what’s next.
The S&P 500 has managed two consecutive 20%-plus years in a row, but that has rarely led to a third great year, says this strategist.MarketWatch - Jan. 2 -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
US rapper Ice Spice faces fan backlash over ‘disrespectful’ five-minute appearance at Brisbane gig
Fans at the New Year’s Eve Wildlands festival, which cost up to $242 a ticket, were disappointed after the headline act was 25 minutes late for her 30-minute set. Get our breaking news email , ...The Guardian - Jan. 2 -
South Korean investors pile into US equities as domestic stock market languishes
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’Financial Times - Jan. 2 -
US places sanctions on Australian man over alleged global narcotics trafficking role
David Jonathan Thackray, who was jailed in New Zealand in 2014, is one of three Australians now subject to such sanctions. Get our breaking news email , free app or daily news podcast An ...The Guardian - Jan. 1 -
Blake Lively and Justin Baldoni file lawsuits over It Ends With Us
Federal action comes hours after film’s director sued New York Times for libel over story about Lively’s accusations. The actor Blake Lively has sued the director of It Ends With Us, Justin ...The Guardian - Jan. 1
