Asia Pacific markets climb with China's central bank in focus; S&P and Dow set fresh records
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The New York Times - Top stories
China Is Striking Deals to Cement Its Role as Asia’s Trade Hub
Beijing’s leaders are working with regional neighbors on the country’s western, northern and southern borders to develop new rail and sea links.26 minutes ago - China -
CNBC - Business
China bonds rally with yields hitting record lows after PBOC signals more easing to boost growth
China bond yields fell to a record low after the People's Bank of China announced that it will cut the reserve requirement ratio on Tuesday.1 hour ago - China -
The Wall Street Journal - World
China Unveils New Measures to Aid Ailing Economy
But economists say the moves are unlikely to be enough to repair a broken housing market or pull the economy out of a deflationary rut.1 hour ago - China -
ABC News - World
China's central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy
China's central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy2 hours ago - China -
CNBC - Business
China central bank releases slate of support measures amid a deepening economic slump
Beijing will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, by 50 basis points in the near term, People's Bank of China Gov. Pan Gongsheng said.2 hours ago - China -
Financial Times - World
What a Huawei laptop reveals about China’s dream of tech self-sufficiency
A look inside the bestselling Qingyun L540 shows how the campaign to use locally made components is progressing4 hours ago - China -
CNBC - Business
Asia-Pacific markets climb with China's central bank in focus; S&P and Dow set fresh records
The People's Bank of China will hold a press conference at 9 a.m. local time after cutting a short-term lending rate.4 hours ago - China -
ESPN - Sports
Source: WSL deal sets women's football record
The Women's Super League (WSL) and Women's Championship have agreed to a new deal with Barclays to remain as the title sponsor of the leagues, it was announced on Monday.4 hours ago -
MarketWatch - Business
Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record
The U.S. stock market appears to have “earnings momentum” over the next year, with an S&P 500 price target of 6,000 in 2024 not much of a stretch from its current level, according to DataTrek ...7 hours ago -
CNBC - Business
Modelo maker Constellation Brands jumps, and the S&P 500 eyes another record close
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.9 hours ago -
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NBC News - Top stories
China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, ...15 hours ago - China -
MarketWatch - Business
Stock investors face a gut-wrenching 3 months ahead after record market run
‘There’s this debate between a hard landing, a soft landing or no landing that continues,’ says Lerner at Truist Advisory Services15 hours ago -
MarketWatch - Business
Markets are underestimating the strength of the U.S. dollar, Deutsche Bank says
Investors are overestimating the extent to which the Fed will cut interest and underestimating the possible currency boosting impacts of a Trump victory in the U.S. elections.17 hours ago -
CNBC - Business
China's youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month. That's up from 17.1% in July, and 13.2% in June.22 hours ago - China -
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NBC News - Top stories
A summer marked by extreme, record-setting heat in the U.S. comes to a close
A summer marked by record-setting heat — particularly in Arizona — has ended. Phoenix notched a record 113 consecutive days of temperatures at or above 100 degrees.Yesterday -
MarketWatch - Business
Dow’s record run leaves transports behind. Here’s what it means for stocks.
How unusual is the underperformance of the Dow Transports — and how concerning is it?2 days ago -
MarketWatch - Business
Why the S&P 500 could soar above 6,000 by year-end
A 1990s-like market boom is more likely after Fed rate cut, investment strategist Ed Yardeni says.2 days ago -
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NBC News - Top stories
Trump Media closes at a new 52-week low, as Dow finishes week at record high
Shares of Trump Media fell to a new 52-week low Friday, closing down 7.82%, at $13.55 per share, just one day after “lockup” restrictions expired, which had previously prevented its majority ...3 days ago - Donald Trump -
CNBC - Business
Trump Media closes at a new 52-week low on heavy trading after lockup expires
Former President Donald Trump's majority stake in the Truth Social owner was worth $1.5 billion by Friday's close.3 days ago - Donald Trump -
Yahoo Sports - Sports
AL Central setting up as MLB's most compelling and competitive division with three regular-season series to go
The Guardians are on their way to winning the division, while the Royals, Twins and Tigers are all jockeying for wild-card position.3 days ago -
Financial Times - Business
Did central banks get the inflation crisis right?
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory3 days ago -
ABC News - Sports
A'ja Wilson set records. So did Caitlin Clark and Angel Reese. WNBA stats in 2024 were eye-popping
A’ja Wilson had a season like none other in WNBA history3 days ago - WNBA -
ABC News - Tech
2 Russians set record for longest single stay on the International Space Station
Russia’s space agency says two Russians have set a record for the longest continuous stay on the International Space Station3 days ago - Russia -
ABC News - World
2 Russians set record for longest single stay on the International Space Station
Russia’s space agency says two Russians have set a record for the longest continuous stay on the International Space Station3 days ago - Russia -
Financial Times - World
Abrdn to drop China from emerging markets fund
Manager says move is designed to give investors more choice as Chinese market lags behind rivals3 days ago - China -
Financial Times - World
FirstFT: Wall Street titan John Paulson defends Trump’s tariff talk
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work3 days ago -
CNBC - Business
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.3 days ago - Japan -
Financial Times - World
UK government borrows more than expected in August
Net debt hits 100% of GDP in blow to chancellor Rachel Reeves ahead of Budget3 days ago - United Kingdom -
Financial Times - World
Immigration and job creation
The labour market is softer than it appears3 days ago -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage4 days ago