Bank of America’s Asia stocks team has not recommended buying China stocks since November 2020.
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Bank of America picks Asia-Pacific stocks to sell partly because of high revenue exposure to China
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Japan’s exports fall for second straight month with no U.S. trade deal in sight, raising recession fears
New Isuzu Motors Ltd. trucks bound for shipment at a port in Yokohama, Japan, on Sunday, July 13, 2025. Bloomberg | Bloomberg | Getty Images Japan’s exports in June contracted 0.5% year over year, extending the 1.7% drop seen in May as deliveries continued to decline for the second straight month. The decrease in exports […]
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CNBC Daily Open: U.S. producer prices are flat — but they don’t factor in imports
A worker arc welds a metal door at the Metal Manufacturing Co. facility in Sacramento, California, U.S., on Tuesday, May 27, 2025. David Paul Morris | Bloomberg | Getty Images No one likes being the person who goes “but actually…”. Sometimes, however, it is necessary. The U.S. producer price index in June was flat, meaning […]
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Trading in Japan’s Seven & i halted after Couche-Tard withdraws $47 billion bid to acquire the retailer
A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024. Bloomberg | Bloomberg | Getty Images Trading in Japan’s Seven & i was halted Thursday after Canada’s Alimentation Couche-Tard withdrew its $47 billion bid to acquire the retailer. Convenience store operator Couche-Tard announced Wednesday that it […]
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