Day: June 26, 2022
Asia-Pacific markets set to trade mixed as investors monitor recession fears
A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg via Getty Images SINGAPORE — Shares in the Asia-Pacific are poised to trade mixed on Monday as investors assess inflation and recession fears. The Nikkei futures contract […]
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Fund manager names one trend that will ‘affect all industries’ — and reveals how he’s trading it
For decades, globalization has been an established part of the global economic system, but fund manager Dan Katz believes its unravelling could reshape the global economy. He tells CNBC how he’s navigating the new economic order. “The story of the last 30 years has really been a story of increasing globalization and efficiency throughout the […]
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Stock futures fall slightly following a major comeback week for stocks
Traders on the floor of the NYSE, June 15, 2022. Source: NYSE U.S. stock futures fell slightly on Sunday night following a major rebound last week from this year’s steep declines. Despite the bounce, Wall Street is preparing to wrap up the worst first half for stocks in decades. Dow Jones Industrial Average futures fell […]
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Canada pledges funds as G-7 develops response to famine fallout from Russian invasion
Canada pledged $50 million to prevent Ukrainian grain from going to waste on Sunday as Prime Minister Justin Trudeau committed to work with G-7 nations on further measures to halt the famine caused by the Russian invasion of the embattled country. The fallout of the ongoing Russian offensive dominated the first day of talks among […]
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‘Apathetic’ investors will embrace banks: RBC top analyst predicts comeback in year’s second half
Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy predicts bullishness will make a comeback due to strong revenue growth and optimism surrounding credit. “You can really see people coming back to [bank] the stocks. They’re under-owned,” […]
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In Ukraine, war is turning love into marriages
When the couple awoke to the rumble of war on Feb. 24, they’d been dating for just over a year. Russia was invading and Ihor Zakvatskyi knew there was no more time to lose. He fished out the engagement ring he’d bought but, until then, not yet been ready to give to Kateryna Lytvynenko and […]
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Russia’s Putin to make first foreign trip since launching Ukraine war
Russian President Vladimir Putin takes part in the opening ceremony of new healthcare facilities in several regions of Russia, via video link in Saint Petersburg, Russia June 18, 2022. Sputnik/Mikhail Metzel/Kremlin via REUTERS ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY. Mikhail Metzel | Sputnik | Reuters Vladimir Putin will visit two […]
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Russia strikes Kyiv as Western leaders meet in Europe
Russian missiles hit the Ukrainian capital early Sunday, striking at least two residential buildings and killing one person, the mayor of Kyiv said. The attack came as Western leaders meeting in Europe this week prepared to reaffirm their support for Ukraine and condemnation of Russia. Associated Press journalists in Kyiv saw rescue services battling flames […]
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Biden urges Western unity on Ukraine amid war fatigue
President Joe Biden and Western allies opened a three-day summit in the Bavarian Alps on Sunday intent on keeping economic fallout from the war in Ukraine from fracturing the global coalition working to punish Russia’s aggression. Britain’s Boris Johnson warned the leaders not to give in to “fatigue” even as Russia lobbed new missiles at […]
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Anti-abortion states split on how to enforce ban, whether to prosecute or surveil doctors
Thousands take to the streets to protest in New York City. Anadolu Agency | Anadolu Agency | Getty Images The Supreme Court ruling overturning Roe v. Wade is not only splitting the country into states where abortion is legal and illegal. It is also illustrating sharp divisions between anti-abortion states on whether to allow exceptions […]
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