, /PRNewswire/ — Recently, Edianyun has updated the prospectus for the HKEX listing application. As disclosed by Hong Kong Stock Exchange on September 9, Edianyun submitted its listing application to the Main Board of the Hong Kong Stock Exchange again, with CICC as its sole sponsor. Edianyun, China’s major office IT integrated solution provider, offers one-stop… Continue reading The Updated Prospectus of Edianyun: Provide One-stop Office IT Services for SMEs with Resilient Financial Performance
Dow soars 400 points as US stocks add to last week’s rally ahead of top tech earnings
Brian Evans Getty Images US stocks closed higher yet again after ending last week with strong gains. The Dow Jones Industrial added a further 400 points, leading Monday’s rally. Investors were also eyeing earnings reports from several big tech firms later this week. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Dow soars 400 points as US stocks add to last week’s rally ahead of top tech earnings
The sell-off in Chinese stocks is ‘disconnected from fundamentals’ and presents an opportunity to investors, JPMorgan’s Marko Kolanovic says
Chinese stocks crashed on Monday after Xi Jinping cemented his third term of power over the weekend.JPMorgan’s Marko Kolanovic called the Chinese sell-off “disconnected from fundamentals.””We believe this is a good opportunity to add given an expected growth recovery,” he said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The sell-off in Chinese stocks is ‘disconnected from fundamentals’ and presents an opportunity to investors, JPMorgan’s Marko Kolanovic says
A secretive fleet of ships is poised to move Russian oil under the radar after EU sanctions kick in
A secret fleet of Russian ships could be assembled to help the Kremlin avoid sanctions, Bloomberg reported. The report says a fleet is being built to keep Russian flows on the market. Ensuing sanctions would also increase ship-to-ship transfers, the report says. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading A secretive fleet of ships is poised to move Russian oil under the radar after EU sanctions kick in
Here’s one key measure of stock performance that suggests the market has already hit a bottom, Leuthold’s Jim Paulsen says
Cyclical stocks have been outperforming the S&P 500, suggesting the market has hit a bottom, said Jim Paulsen, chief investment strategist at Leuthold. New leadership in the broader market is also coming from copper prices and small-cap shares. Cyclical stocks, sensitive to economic changes, have performed “surprisingly well” after the August pullback. Loading Something is… Continue reading Here’s one key measure of stock performance that suggests the market has already hit a bottom, Leuthold’s Jim Paulsen says
Investors are slashing down the odds of a 75-basis-point rate hike in December and beyond as the Fed hints at smaller increases
Investors on Friday pulled down expectations the Federal Reserve will issue another rate hike of 75 basis points in December and beyond. The probability of another jumbo-sized rate hike at the end of the year fell to 45% from 75% on Thursday. The moves were sparked after a report from the Wall Street Journal and… Continue reading Investors are slashing down the odds of a 75-basis-point rate hike in December and beyond as the Fed hints at smaller increases
Dow surges 748 points as US stocks rally on hopes of less aggressive Fed rate hikes
Jennifer Sor Drew Angerer/Getty Images US stocks rallied on Friday, boosted by hopes of less aggressive Fed rate hikes. All three indexes ended the day higher, with the Dow climbing over 700 points. The 10-year Treasury edged lower as investors began to slash expectations of a 75 point rate hike in December. Loading Something is… Continue reading Dow surges 748 points as US stocks rally on hopes of less aggressive Fed rate hikes
It would be a ‘real mistake’ to assume other countries will avoid UK-like turmoil, and the US must watch its fiscal issues, former Treasury Secretary Larry Summers says
Other nations could see the same market turmoil that played out in the UK, ex-Treasury Secretary Larry Summers warned. He pointed to the risk of a “doom loop” created by unsustainable deficits and rapidly rising interest rates. “Things can change extraordinarily fast if you lose credibility,” Summers added. Loading Something is loading. Thanks for signing… Continue reading It would be a ‘real mistake’ to assume other countries will avoid UK-like turmoil, and the US must watch its fiscal issues, former Treasury Secretary Larry Summers says
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