Year: 2022
UK inflation hits fresh multi-decade high of 6.2% on surging energy prices
LIVERPOOL, UNITED KINGDOM – JANUARY 23: On the day that Britain officially enters a recession shoppers walk through Liverpool city centre on January 23, 2009 in Liverpool, United Kingdom. Figures announced today confirm that the UK is officially in a recession for the first time since the early 1990s after GDP fell in two successive […]
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Putin’s Ukraine invasion is turning into a ‘grinding war’ where nobody wins
A Ukrainian soldier stands on the front line, near Kyiv on March 20, 2022. Genya Savilov | AFP | Getty Images As Russia’s unprovoked invasion of Ukraine drags close to a fourth week it’s becoming clear to both Moscow and Kyiv that the conflict will not be easily won, or lost, by either side. Russian […]
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‘We want them to go to the Stone Age’: Ukrainian coders are splitting their time between work and cyber warfare
Thomas Samson | AFP | Getty Images Hordes of Ukrainian coders are splitting their time between doing their day jobs and fighting a cyber war with Russia. Over 311,000 people have joined a group called “IT Army of Ukraine” on the social media platform Telegram, where Russian targets are shared. While not all of them […]
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Chinese stocks may start exiting the U.S. in two years, warns Asian Corporate Governance Association
The delisting of U.S.-listed Chinese stocks may come in the next two to three years, according to Jamie Allen of the Asian Corporate Governance Association. “There doesn’t seem to be a huge incentive … for China to compromise, nor does the U.S. seem to want to compromise,” the secretary general at the non-profit organization told […]
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China Boeing 737 plane crash: No survivors found; search for black box continues
Rescuers head to the site of a plane crash in Tengxian county, Wuzhou city, in China’s southern Guangxi region on March 22, 2022. Str | Afp | Getty Images BEIJING — Rescue workers haven’t found any survivors from this week’s China Eastern Airlines crash and the hunt for the black box continues, authorities said late […]
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Chinese internet stocks in Hong Kong continue to surge amid hopes of easing regulations
The Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, on January 21, 2021 in Hong Kong, China. Zhang Wei | China News Service via Getty Images Shares of Chinese internet giants in Hong Kong soared Wednesday, continuing an […]
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World No. 1 Ash Barty retires from tennis at 25
Ashleigh Barty of Australia smiles as she attends a media opportunity at Kooyong on February 24, 2022 in Melbourne, Australia. Graham Denholm | Getty Images Sport | Getty Images World number one Ash Barty has decided to retire from professional tennis at the age of 25 and at the peak of her game, citing the […]
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Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%
SINGAPORE — Shares in Japan led gains in Asia-Pacific during Wednesday morning trade, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy. The Nikkei 225 rose 2.59% as shares of SoftBank Group jumped 8.03%. The Topix index advanced 1.98%. In Hong Kong, shares of Xiaomi surged 5.49% […]
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Investors face a slew of headwinds, Citi says. Here are its top stocks to play it — including one it says has upside of nearly 130%
As macro headwinds continue to persist, Citi has a number of stock picks it thinks will continue to do well. Source
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Goldman Sachs has a bunch of stock picks to play the latest autos trend
Tesla — and some under-the-radar stocks — are among Goldman’s picks to play the future of the auto industry. Source
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