European luxury stocks surge on China’s new, far reaching stimulus package
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MarketWatch - Business
Treasury yields retreat after consumer confidence in economy drops by most since 2021
U.S. bond yields were giving back earlier gains Tuesday as focus turned to the U.S. economy, after an initial rally on news of China’s extensive new stimulus package.1 hour ago -
MarketWatch - Business
Oil gains after back-to-back losses as China announces stimulus measures
Oil futures rose on Tuesday, looking to post their first gain after back-to-back losses after China announced a range of stimulus measures aimed at boosting the economy of the world’s largest crude ...1 hour ago - China -
Financial Times - Business
China unleashes stimulus blitz to lift growth
Central bank cuts benchmark rate and unveils support for property and stock markets to boost demand3 hours ago - China -
MarketWatch - Business
Nio’s stock gets a big boost from China’s broad economic stimulus measures
Nio’s stock was surging Tuesday, as investors in the China-based electric vehicle maker cheered the stimulus measures China’s central back implemented to try to jump start the sagging economy.3 hours ago - China -
MarketWatch - Business
Chinese stocks soar on stimulus plan. Can the rally continue?
China’s stock market surged the most in more than two years and industrial commodity prices bounced after Beijing on Tuesday unleashed a swathe of stimulus measures.3 hours ago -
MarketWatch - Business
European luxury stocks surge on China’s new, far-reaching stimulus package
Europe’s luxury fashion firms are heavily reliant on Chinese consumers6 hours ago - China -
Financial Times - World
FirstFT: China unleashes stimulus to spur growth
Also in today’s newsletter, the US Department of Justice prepares to sue Visa and the latest on Lebanon6 hours ago - China -
The Wall Street Journal - World
China Tries to Jolt Ailing Economy
China’s central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs, spending and inflation.7 hours ago - China -
The Guardian - World
UK interest rates will fall ‘gradually’, predicts Bank of England governor; China launches stimulus blitz – business live
Rolling coverage of the latest economic and financial news. Andrew Bailey has also been quizzed about fears in Kent that Brexit border checks will cause disruption in and around Dover. . Bailey ...9 hours ago - United Kingdom -
CNBC - Business
China's auto stocks rise unfazed by U.S. proposal to ban Chinese car parts
Shares of Chinese automakers climbed in spite of news that the U.S. government is mulling a new proposal to ban Chinese and Russian car parts.10 hours ago - China -
The Guardian - World
China unleashes boldest stimulus in years to boost ailing economy
People’s Bank of China announces support measures including a cut in interest rates but some experts fear they may not be enough. China’s central bank has cut interest rates in an attempt to revive ...11 hours ago - China -
Financial Times - World
A hostile takeover looms in European banking
Italian lender raised its stake in German rival from about 9% to 21%12 hours ago -
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 progressing16 hours ago - China -
CNBC - Business
Trump Media plummets 10% as post-lockup selloff picks up steam
Donald Trump is the majority owner of Trump Media, which owns social media platform Truth Social and trades as DJT on the Nasdaq.20 hours ago - Donald Trump -
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 ...20 hours ago -
NBC News - Top stories
Trump Media stock scrapes new 52-week low in heavy trading after DJT lockup lifts
Shares of Trump Media on Monday sank to their lowest price in more than a year, days after majority owner Donald Trump and other company insiders got the green light to start selling their stakes ...23 hours ago - Donald Trump -
The New York Times - Business
How Assouline Built a Business Selling Luxury Books
Assouline has made its name publishing tomes that sell for $1,000 or more. But that’s just the beginning of this family-run company’s ambitions.Yesterday -
CNBC - Business
Luxury stocks slip as fears grow of a prolonged downturn
"The luxury goods industry could be in for a prolonged period of weakness, we've already seen it for a couple of semesters."Yesterday -
MarketWatch - Business
Biohaven’s stock surges as treatment slows progress of neurological disorder
Shares of Biohaven climbed 13% premarket on Monday after the biotech company said its treatment for a rare neurological disorder slowed progress of the condition in a clinical trial.Yesterday -
Inc. - Business
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.Yesterday -
Yahoo Sports - Sports
Edwin Díaz, Mets shut the door on Phillies as surge to postseason continues: 'It’s big boy time'
The Mets, who just completed a 6-1 homestand, now hold the second National League wild-card spot.Yesterday -
CNBC - Business
China stimulus calls are growing louder — inside and outside the country
The world's second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.Yesterday - China -
CNBC - Business
In U.S. trade war with China, Mexico is emerging as the big winner
A CNBC analysis of trade data reveals a multi-year surge in trade between China and Mexico helping manufacturers and the supply chain avoid Trump/Biden tariffs.3 days ago - China -
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Inc. - Business
Trump Media Stock Falls to New Lows as Insiders Are Able to Sell
Although Trump has vowed not to sell, the stock has tumbled as insiders like Truth Social's co-founders are free to cash out.3 days ago - Donald Trump -
MarketWatch - Business
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.3 days ago -
ABC News - World
Japan and China reach deal over Fukushima water release
Japan and China said Friday they have reached a deal toward resolving their disputes over the discharge of treated radioactive wastewater from the tsunami-hit Fukushima Daiichi nuclear power plant ...4 days ago - China -
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The New York Times - Top stories
A Surge in Breast Reductions
We explore why younger women are undergoing the cosmetic procedure.4 days ago -
NBC News - Top stories
Apple and Huawei battle for sales as their new phones launch on the same day in China
Many of Apple’s affluent iPhone users in China are just as interested in Huawei’s pricier trifold phone, CNBC found during spot checks at stores Friday, the day the iPhone 16 and Mate XT launched ...4 days ago - China -
Financial Times - World
Canada opens new critical minerals hub in push to end China’s dominance
Saskatchewan facility marks small step in drive to challenge Beijing’s control of processing rare earths4 days ago - China