US’ Ban On Chinese Tech Firms Will Only ‘Hurt Global Value Chain, Get Backfire’
The U.S. Federal Communications Commission (FCC) on Friday banned 5 Chinese firms from selling communications equipment in the U.S., citing the catch-all excuse of “national security” a move Chinese experts warned will only hurt the global value chain and will definitely backfire.
Most Federal Reserve Officials Back Slower Rate Rises Going Forward
A “substantial majority” of Federal Reserve officials support slowing down the pace of interest rate rises soon,
A Green Hydrogen Bet, GM Expects EV Profits By 2025 And The World’s Population Hits 8 Billion
Challenges with supply chains and an incredibly slow production ramp-up of new electric vehicles continues but General Motors is still having a very good year financially and expects that to continue.
India: Pre-Ipo Investors are Offloading Paytm Shares. But Who Are Buying Them?
Paytm shares are oscillating around its life-time lows that has attracted bottom-fishing interest in some foreign institutional investors.
World Population Touches the 8 Billion Milestone; India to Replace China As Most Populated Country By 2030
The world touched 1 billion back in 1804, and the growth has gotten faster and faster over the subsequent two centuries.
Key events this week: U.S. Fed, BoE interest rate decisions; U.S. jobs report, UK PMI, Eurozone inflation and more
The central banks of India, the United Kingdom, and the United States will meet in the upcoming week.
Improving Crude Oil Outlook Boosts Energy Stock Prices
Oil prices rose on Thursday, extending a more than 3% rally in the previous session, boosted by record U.S. crude exports and a weaker U.S. dollar, though gains were capped in Asia due to lingering fears over slack demand in China.
China's Q3 GDP Grew 3.9% YoY, Beating Forecasts
The data, published six days later than scheduled, showed higher growth than the consensus of 2.5%.
Multibagger IPO: This Defense Stock Price Almost Doubles in Three Months
Shares of Data Patterns (India) Ltd have continued the bullish run with the stock hitting a fresh record high of INR1,480 apiece on the BSE in Wednesday's early deals.
Apple M2 iPad Pro Launch Soon, New Macs Coming Later This Year
Apple (AAPL) will soon launch the all-new M2 iPad Pro with 11-inch and 12.9-inch versions.
Biden Threatens 'Consequences' for Saudi Arabia after OPEC+ Cut, but His Options are Limited
President Joe Biden is angry at Saudi Arabia for its decision to slash oil production
America’s Record Public Debt is About to Hit Recently Upshifted Ceiling
At $31.1 trillion, outstanding public debt is getting closer to the $31.4 trillion debt ceiling Congress imposed until early 2023.
U.S. Job Reports are Key Again to Assess Likelihood of Jumbo Rate Hikes Going Forward
Investors have been focusing on Friday’s jobs report for September for clues as to whether the Fed might keep up its pace of outsize rate hikes in the face of robust wage gains that have been fueling inflation.
Tesla Operating Data Wasn’t Jaw-Crusher But Won't Stop Momentum
Tesla (TSLA) reported record deliveries for Q3 2022, which however came in below consensus estimate.