Chinese stocks rallied this week as investors hoped Beijing would soon relax its stringent Covid policy.Story Published at: November 04, 2022 at 08:25AM
Here’s what we know about the rebound in Chinese stocks this week
Hong Kong Rugby Sevens is back. Rugby union says demand is high despite Covid measures
“Those restrictions are there but I don’t think it takes away from the key ingredients of the Sevens —which is great rugby, entertainment and a fun weekend,” Brooke said.Story Published at: November 04, 2022 at 08:09AM
Debt rules in Europe are changing. And that could have big repercussions in the bond markets
The need to correct fiscal stances becomes ever more relevant at a time of war in Europe, an energy crisis and severe cost-of-living pressures. Story Published at: November 04, 2022 at 06:16AM
A showdown over climate reparations is brewing — and it will determine the success of the COP27 summit
Climate reparations — sometimes referred to as “loss and damage” payments — is core issue likely to dominate proceedings. Story Published at: November 04, 2022 at 06:19AM
AirAsia X on strong footing, Capital A to benefit as economy tightens, CEO Tony Fernandes says
The positive outlook comes in spite of negative market reactions to Fernandes’ resignation as AirAsia X’s Group CEO this week. Story Published at: November 04, 2022 at 05:33AM
JPMorgan’s blockchain unit CEO says consumer protection needs to be a priority in digital asset projects
“What a bank needs to do from a regulatory point of view and customer’s point of view is that we need to protect our customers,” said Onyx CEO Umar Farooq.Story Published at: November 04, 2022 at 03:30AM
Barclays cuts China GDP outlook after forecasting U.S., Europe recession
Barclays cut its forecast for China’s economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.Story Published at: November 04, 2022 at 01:04AM
CNBC cancels ‘The News with Shepard Smith’ to refocus on business news
CNBC has canceled “The News with Shepard Smith” after two years as CNBC’s 7 p.m. ET general news program.Story Published at: November 03, 2022 at 04:54PM
Toho plans to release a new Japanese Godzilla film next year as the monster’s audience grows
Godzilla made its mark on the film industry 68 years ago, and the monster’s reign is growing more powerful due to streaming. Story Published at: November 03, 2022 at 07:42PM
Jim Cramer says to parse the Dow for recession-resilient stocks
“The Dow components all know how to handle a recession,” he said.Story Published at: November 03, 2022 at 10:48PM
