Hopes for luxury goods market as China’s retail sales surge in October
China released economic data revealing a boost in retail sales and slower declines in home prices, signalling economic recovery amid recent stimulus efforts. This recovery…
Market winners and losers as Trump secures historic victory
As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors…
European markets open higher as China unveils economic stimulus package
European markets opened higher, buoyed by the People's Bank of China's (PBOC) recent suite of easing measures. Mining stocks are expected to gain from the…
Oil prices looking sticky as weaker economic data disappoints
Crude oil markets are facing downward pressure following the release of weak manufacturing and services data from major economies. Meanwhile, escalating conflicts in the Middle…
How China’s sluggish property market is hitting global mining stocks
Major global mining stocks have underperformed in the past three months due to a sharp decline in iron ore and copper prices, as China's weak…
Markets look ahead: Jackson Hole Symposium takes centre stage
This week, central bankers will convene in the US state of Wyoming to discuss economic outlooks and monetary policies. Key economic data is expected to…
AI stocks lose appeal amid heavy spending and slowing earnings growth
The one-month selloff in technology stocks might indicate sector rotations by major funds as the investment cycle shifts. Quarterly earnings reports also suggest a slowdown…
China crisis? China’s second-quarter GDP falls short of expectations
China reported weaker-than-expected gross domestic production (GDP) data for the second quarter and softened economic data for June. The country also began its Third Plenum…