business news
Marcos Jr. poised to win as millions begin voting in the Philippine presidential polls
Ferdinand Marcos Jr. appears poised to be the next president of the Philippines as millions began voting on Monday, under the watchful eyes of thousands of security forces after violence claimed four lives over the weekend. According to one of the latest opinion polls, the 64-year-old namesake son of a deposed dictator, will win more […]
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It would be a ‘big stretch’ to describe Hong Kong’s election as genuine, says consultancy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Dodwell of Strategic Access says it’s apposite that the government in China itself is calling it a “democracy with Hong Kong characteristics.” Source
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UK economy ‘one of the most vulnerable’ in the world right now due to mortgage trends, strategist says
George Clerk | E+ | Getty Images There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist. Mike Harris, the founder of Cribstone Strategic Macro, argues that a major problem for Britain is that its mortgage market is “heavily […]
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Indonesia’s economy maintains steady growth momentum in the first quarter
Morning commuters at a pedestrian crossing in the central business district of Jakarta, Indonesia, on Nov. 5, 2021. Indonesia’s economy grew for the fourth straight quarter between January and March as Covid-19 restrictions continued to be relaxed, statistics bureau data showed on Monday. Dimas Ardian | Bloomberg | Getty Images An historic rise in commodity […]
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Kevin O’Leary says there are plenty of good places to ‘hide’ as interest rates rise
As interest rates in the U.S. rise, investors can put their money to work by looking at companies in the S&P 500 that can “increase their prices” and “maintain margins,” Kevin O’Leary told CNBC. “There’s plenty of them. That’s a good place to hide when you’re getting a 2% dividend yield,” the celebrity investor said […]
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These buy-rated stocks have a proven history of staying stable in turbulent times
CNBC identified buy-rated stocks from the U.S. and beyond that have a track record of stability when markets are going crazy. Source
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Asia-Pacific stocks slip; China’s April trade data ahead
SINGAPORE — Shares in Asia-Pacific declined in Monday morning trade as investors look ahead to the release of Chinese trade data for April. In Japan, the Nikkei 225 fell 1.22% in early trade as shares of conglomerate SoftBank Group dropped more than 2%. The Topix index shed 0.89%. South Korea’s Kospi dipped 0.34% while the […]
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Goldman fund manager reveals ‘massive’ opportunity in tech, says investors are missing 2 stocks
One of Goldman’s top tech fund managers, Brook Dane, shares two stocks he says offer “exceptional” risk-rewards. Source
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Verstappen cruises to win in inaugural Miami Grand Prix
Red Bull driver Max Verstappen of the Netherlands holds his trophy after winning the Formula One Miami Grand Prix auto race at the Miami International Autodrome, Sunday, May 8, 2022, in Miami Gardens, Fla. Lynne Sladky | AP Photo Max Verstappen used an aggressive early pass on Formula One championship leader Charles Leclerc then controlled […]
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Stock futures fall as Wall Street looks to stabilize after rollercoaster week
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures fell on Sunday evening as traders looked for the market to find its footing after a dramatic week of trading. Futures tied to the Dow Jones Industrial Average dropped 124 points, or 0.4%. S&P 500 futures shed 0.6%, while those for […]
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