China’s stimulus could focus on its ‘dire’ property sector. Here’s what economists expect
Economists expect China's stimulus package to focus on the property sector amid continued weak economic data. Source link
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World Markets
CNBC Daily Open: Apple failed to impress
Apple's augmented-reality headset promises to make apps three-dimensional. But the tech-heavy Nasdaq Composite was essentially flat in response. Source link
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Brace for disruption — but A.I. won’t eliminate jobs completely, says Singapore’s deputy prime minister
Singapore's deputy prime minister Lawrence Wong does not believe technology will eliminate jobs completely. Source link
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Air travel to be disrupted by ‘very frustrating’ supply chain issues, IATA’s Willie Walsh says
"The challenges we expect to see in the short term are outside of our control," Willie Walsh told CNBC, citing
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IMF chief says there’s no significant slowdown in lending and the Fed may need to do more
"There is some but not on the scale that would lead to the Fed stepping back," International Monetary Fund's managing
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Oil prices pop after Saudi Arabia pledges more voluntary production cuts
The world's top oil exporter Saudi Arabia announced further voluntary output cuts which will be implemented from July. Source link
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Hong Kong stocks enter bear market territory as China reopening optimism continues to fade
The Hang Seng index is 20% below its recent peak – a stark contrast to the reopening optimism that had
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Wall Street sees further upside for Japan stocks as they notch a fresh three-decade high
Japan's Topix (Tokyo Price Index) has marked new peaks in the past two weeks, seeing its highest level since July
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China chip stocks rally after Beijing said U.S. chip giant Micron is ‘major security risk’
Shares of its South Korean and Chinese rivals surged on Monday, some as much as up to 8% higher. Source
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