U.S. stock index futures were about unchanged during overnight trading on Sunday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season. Futures contracts tied to the Dow Jones Industrial Average shed just 23 points. S&P 500 futures lost 0.1%, while Nasdaq 100 futures lost 0.2%. The major … Read more
Whether it is better loan growth, credit-card signups, or economic indicators like unemployment, banks are back in expansion mode. Source link
China risks making “big mistakes” as it cracks down on large swathes of its economy from technology, to private tutoring and real estate, said a former chief economist of the International Monetary Fund. “I worry a lot about China because to some extent they’re attacking the basis of their growth so far,” Raghuram Rajan told … Read more
Workers labor in a factory of bathing suits in Jinjiang in southeast China’s Fujian province Tuesday, Sept. 28, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Ahead of China’s quarterly growth numbers due out on Monday, most major investment banks have trimmed their economic predictions for the year and warned that abrupt … Read more
U.S. stock index futures were little changed during overnight trading on Thursday, after the S&P 500 posted its best day since March on stronger-than-expected earnings. Futures contracts tied to the Dow Jones Industrial Average gained 36 points. S&P 500 futures advanced 0.11%, while Nasdaq 100 futures were up 0.12%. During regular trading the S&P 500 … Read more
Russian President Vladimir Putin talks during his meeting with workers after riding a train across the bridge linking Russia and Crimean Peninsula at Taman railways station on December 24, 2019 near Anapa, Russia. Mikhail Svetlov | Getty Images News | Getty Images Improving Russian citizens’ living standards is President Vladimir Putin’s biggest concern right now, … Read more
A cyclist rides on Esplanade bridge as buildings stand in the Central Business District in Singapore on Monday, July 6, 2020. Wei Leng Tay | Bloomberg | Getty Images SINGAPORE — Singapore’s economy grew 6.5% in the third quarter of 2021 compared to a year ago, official advance estimates showed on Thursday. Analysts polled by … Read more
A man passes by a poster of the annual World Bank Group and International Monetary Fund meetings October 11, 2021 in Washington, DC. Alex Wong | Getty Images News | Getty Images The International Monetary Fund is now less optimistic about the global economy for 2021, but still sees reasonable growth over the medium term. … Read more
A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Over the past five weeks, external threats and internal complications have triggered a fight-or-flight response among investors, sending the equivalent of stress hormones coursing through the market. … Read more
A sign of Swiss banking giant UBS is seen at a branch in Zurich on October 26, 2018. Fabrice Coffrini | AFP | Getty Images Analysts at UBS have tackled investors’ “most difficult questions,” seeking to explain a range of subjects including Chinese regulation, inflation and which sectors are likely to continue reporting higher earnings. … Read more