After a challenging September marked by a 5.2% drop in the S&P 500, the stock market is showing signs of a positive start as bond yields slightly decrease and several concerns, including a potential government shutdown and rising oil prices, weigh on Wall Street.
In August, orders for business equipment in the US rebounded, indicating businesses are investing despite higher borrowing costs and economic uncertainty, with increased demand for computers, electrical equipment, and machinery contributing to the rise.
The US Department of Justice is intensifying its investigation into Credit Suisse Group and UBS Group AG over suspicions of sanctions-related problems with Russian clients, potentially impacting UBS’s integration of Credit Suisse’s operations.
Following the Federal Reserve’s decision to maintain interest rates despite rising inflation, investors are considering value stocks like Proctor & Gamble and Taiwan Semiconductor as a smart long-term investment strategy.
On Monday, Chinese real estate company stocks plummeted once more as Evergrande canceled vital meetings with its creditors, causing a sharp decline.
Hui Ka Yan is currently under surveillance at a specific location, as reported by individuals. This development raises further uncertainties about the company’s future as its restructuring efforts face difficulties.
Ukrainian President Volodymyr Zelenskiy is making it clear that he believes more needs to be done to put pressure on Russia’s “military-industrial complex.” In his recent address to the nation, he emphasized that sanctions alone are insufficient to address the ongoing Russian aggression. Zelenskiy is calling for measures that will inflict tangible losses on Russia … Read more
“China has seen a sudden surge in interest from people who are enthusiastic about investing in gold. The demand for gold bars and coins in China has greatly increased this month, with prices sometimes being more than $100 higher per ounce compared to international rates. To put it in perspective, over the past ten … Read more