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China’s financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more shares, as Beijing seeks to bolster the faltering stock market. Big state-owned insurance firms are guided to raise the size and proportion of their investment in shares listed on the mainland, and to allocate…
Read More “China urges state-backed funds to buy more stocks amid market slump” »
(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re…
Read More “Here’s why you’re suddenly following President Trump on Instagram” »
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, Dec. 12, 2024. Bloomberg | Bloomberg | Getty Images Europe must “be prepared” and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on…
Read More “Europe must be prepared for Trump tariffs, European Central Bank chief warns” »
David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Greenlight Capital’s David Einhorn thinks speculative behavior in the current bull market has ascended to a level beyond common sense. “We have reached the ‘Fartcoin’ stage of the…
Read More “David Einhorn says we have reached the ‘Fartcoin’ stage of the market cycle” »
LONDON — European stocks are expected to open slightly higher Tuesday as traders digest the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The U.K.’s FTSE index is seen opening 10 points higher at 8,531, Germany’s DAX up 4 points at 21,004, France’s CAC 40 7 points higher at 7,740 and…
Read More “European markets assess the impact of Trump 2.0, Davos in focus” »
