Month: September 2024
Asia-Pacific markets open mixed as investors look toward a packed week of economic data
Commercial and residential buildings seen from the rooftop of the Lotte Corp. World Tower at sunset in Seoul, South Korea, on Tuesday, Nov. 28, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets open mixed on Monday as investors look toward a packed week of economic data and assess China’s business activity figures released over […]
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About 10,000 U.S. hotel workers strike as contract talks break down
The Hyatt Regency Washington on Capitol Hill is seen on August 21, 2024 in Washington, DC. Anna Rose Layden | Getty Images Some 10,000 U.S. hotel workers began a multi-day strike in several cities on Sunday after contract talks with hotel operators Marriott International, Hilton Worldwide and Hyatt Hotels stalled, the Unite Here union said. Unite Here, which represents workers in hotels, casinos, and airports across the United States […]
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Has Boeing shaken your confidence to fly? A new MIT study could restore it
Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft itself. One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly […]
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China’s first global gaming hit sells millions in a week. An early investor shares what’s next
People walk past the image of the ‘Monkey King’ character, or ‘Sun Wukong’ of Chinese action role-playing game ‘Black Myth: Wukong’, developed by Chinese video game company Game Science, during its launch day in Hangzhou, in eastern China’s Zhejiang province on August 20, 2024. Str | Afp | Getty Images BEIJING – China’s first attempt […]
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‘Reacceleration ahead’: Bank of America names global tech stocks to buy — predicting growth in the second half
Bank of America analysts painted an optimistic picture for a handful of European technology stocks, forecasting an acceleration in growth during the latter half of this year. Despite a challenging earnings season and mixed results in the second quarter — which contributed to the 10% fall in European technology stocks since mid-July — the bank […]
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Want a well-diversified portfolio? Here’s how to create one, according to a Morningstar portfolio manager
Investing in a volatile market is a tricky business — but one portfolio manager has tips on how to create a well-diversified portfolio to navigate that. “A good portfolio is a well-diversified one — and by well-diversified I mean a portfolio that has exposure to asset classes that have different drivers of growth,” Nicolo Bragazza, […]
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Macao did it. Singapore too. Now Thailand looks to build casinos to attract tourist dollars
Pattaya, Thailand, could see an influx of tourists if a casino gets built in the city. Boonchai Wedmakawand | Moment | Getty Images Thailand is working on a new game plan to boost foreigner arrivals and increase tourism spending: casinos. The strategy has worked for Macao — which has overtaken Las Vegas as the world’s […]
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German far-right party wins its first state election and is very close in a second
A far-right party won a state election for the first time in post-World War II Germany in the country’s east on Sunday, and looked set to finish a very close second to mainstream conservatives in a second vote. A new party founded by a prominent leftist also made a strong impact, while the parties in Chancellor Olaf Scholz’s unpopular national […]
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Far-right state win shakes Germany’s fragile coalition
The Reichstag, German Parliament Building Hiroshi Higuchi | Photolibrary | Getty Images BERLIN, Sept 1 (Reuters) – German state elections that dealt a heavy blow to the parties in Chancellor Olaf Scholz’s government and historic wins for two anti-establishment parties are likely to aggravate instability in an already fractious ruling coalition. With only a year to go […]
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German far-right party could win its first state in eastern regional elections
People cast their votes for Germany’s Parliamentary (Bundestag) election at a poll station in Berlin, Germany on September 26, 2021. Abdulhamid Hosbas | Anadolu Agency via Getty Images Germans were voting in two eastern states on Sunday, with the far-right AfD on track to win a state election for the first time and Chancellor Olaf […]
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