Tag: Stock Market

Hong Kong leader Li Xiaoga said Monday that Hong Kong is considering more measures to support the securities market in the Asian financial center, which has been hit by China's economic slowdown and geopolitical tensions. Speaking at the HSBC Global Investment Summit in Hong Kong, Mr. Li said China has taken a series of measures, including improving the listing system for technology companies, to improve competitiveness. China's economy grew by just 3.2% in 2023 and capital flight made Hong Kong's stock market the worst performing major index last year.

Transportation cost inflation is largely hidden, but fuel costs help explain why the domestic truckload market is taking a turn for the worse. the post Fuel Cost shows why transportation market is so challenging for providers appeared first on FreightWaves. FreightWaves.

The UK stock exchange is lagging further behind its European counterparts after a wave of new listings from mainland Europe swept through London.

Steve Eisman, a prominent "big short" investor, says recent data provides no reason to cut rates now.

Another day, another warning from Tokyo curbed the yen's decline, as the Asian currency inched closer to the 34-year low of 151.975 yen it hit last week, prompting repeated warnings of intervention. Japan's finance minister, Shunichi Suzuki, reiterated his warning of a bear market for the yen on Tuesday as Tokyo tries to prevent the currency's decline from destabilizing. After the initial shock of stronger-than-expected U.S. manufacturing data, which made the market skeptical about the Fed's timing for a rate cut, the market seems to be taking more and more evidence of economic strength in stride.

From chicken wing restaurants to biotech companies, some stocks are valued at levels that are too high to be sustainable in the long run.