Year: 2025
Low expectations for China provide a big opportunity for returns, strategist says
China is poised for economic stimulus and major structural changes that will set corporates up for strong returns, according to Andrew Swan, head of Asia (ex-Japan) equities at Man Group. “The sentiment around the China market obviously has been pretty poor, not just recently, but for some time now. I think investors are ignoring some […]
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European stocks shrug off U.S. tariff threat; BP shares rise after Elliott stake-building report
European stock markets started the week on a positive note, appearing to shrug off President Donald Trump’s latest tariff announcement. The pan-European Stoxx 600 opened 0.35% in positive territory. Regional indexes such as the U.K.’s FTSE 100, Germany’s DAX, France’s CAC 40 and Italy’s MIB were up 0.3% at the open. It remains to be […]
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France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.
French President Emmanuel Macron greets journalists after meetings with guests at the Elysee Palace before the opening ceremony of the Paris 2024 Olympic Games in Paris, France, July 26, 2024. REUTERS/Yara Nard Yara Nardi | Reuters France’s artificial intelligence sector will receive 109 billion euros ($112.6 billion) of private investment in the “coming years,” President […]
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U.S. tariffs and interest rate uncertainties make 2025 a “choppy year”: DBS CEO Piyush Gupta
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10, 2025. DBS shares jumped after the lender reported earnings that met expectations and unveiled a investor payout plan. Bloomberg | Bloomberg | Getty Images After a sterling 2024 when Singapore’s biggest bank by assets booked […]
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BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could […]
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How EV makers in China are ramping up competition: No down payment and 5-year interest-free loans
A Tesla showroom with its logo and electric vehicles on display, including the Model 3 and Model Y, is seen on January 12, 2025, in Chongqing, China. Cheng Xin | Getty Images Electric car companies in China welcomed the Year of the Snake with a slew of incentives for consumers, after major automakers reported a […]
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30-year-old takes on loneliness crisis with a social networking app that’s already raised $646,000
Nicola Gunby, co-founder of Cliq. Nicola Gunby Nicola Gunby, a 30-year-old entrepreneur, longed for a community of friends when she moved to London after the pandemic, but was shocked to find herself isolated in one of the biggest cities in the world. Gunby, the co-founder of social and community networking app Cliq, hails from Nottingham […]
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New Zealand has ‘complementary’ trade ties with the U.S., finance minister says, as Trump tariff threat looms
Global tariff threats from U.S. President Donald Trump aside, New Zealand is optimistic about its trade relationship with the United States. Speaking to CNBC’s “Squawk Box Asia,” New Zealand Finance Minister Nicola Willis said that “New Zealand is distinguished in that we have a very balanced and complementary trade relationship with the United States,” adding […]
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McDonald’s is about to report earnings. Here’s what to expect
A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images McDonald’s is set to report its fourth-quarter earnings before the bell on Monday. Here is what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $2.83 expected Revenue: $6.44 billion expected The fast-food giant […]
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