CNBC’s Will Koulouris spoke to Sid Choraria, senior portfolio manager of Gordian Capital. Choraria picked his favorite stocks in head-to-head matchups between Tesla vs. Nio, Amazon vs. Alibaba, Meta vs. Tencent and more. He also shared the stocks he thinks will outperform the market in the long run.
Why are UBS shares rallying after new Swiss capital rules? Why are UBS shares rallying after the Swiss government proposed tough new capital rules? Shares of the bank jumped as much as 6% after Switzerland announced highly-anticipated capital regulations calling on UBS to hold an additional $26 billion in Common Equity Tier 1 (CET1) capital. […]
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LONDON — The U.K. is set to lift a ban on a key type of crypto debt security in a bid to catch up to the U.S. and other financial hubs as it looks to become a global hub for digital assets. On Friday, the Financial Conduct Authority, the U.K.’s main regulator for financial services, […]
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A Moscow shopping mall pictured earlier this year. Anadolu | Anadolu | Getty Images Russia’s central bank on Friday cut its sky-high interest rates for the first time since September 2022, in a sign that inflation pressures — not long ago described by President Vladimir Putin as “alarming” — are beginning to ease. The Bank […]
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