[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization’s annual conference in Nashville. The central bank chair is delivering … Read more
Chinese stocks rallied sharply in the final days of September, spurred by new stimulus proposals, including support for the troubled real estate industry and plans from the People’s Bank of China to cut rates . The rally continued on Monday, with the CSI 300 index surging more than 8% for its best day since 2008 . … Read more
Rescuers dig through the rubble of a building, a day after it was hit in an Israeli strike, in the southern Lebanese village of Ain El Delb on September 30, 2024. Mahmoud Zayyat | Afp | Getty Images The Israeli military says it has begun a “limited, localized” operation against Hezbollah targets in southern Lebanon. … Read more
A bell during the listing ceremony of Ola Electric Mobility at the National Stock Exchange in Mumbai, India, on Friday, Aug. 9, 2024. Bloomberg | Bloomberg | Getty Images Food delivery platforms, jewelry companies — and even a electric scooter manufacturer. More consumer-centric companies are looking to capitalize on India’s booming stock market and strong … Read more
Morgan Stanley says that Chinese stocks could enjoy a more “sustained rally” in the next phase — beyond a near-term jump — as they ride on the wave of stimulus measures and signals announced last week. “The policy pivot last week … exceeded our expectations, with forceful monetary easing and unprecedented measures aimed at stabilizing … Read more
The year has reached its last quarter. Equity markets have been volatile, with the S & P 500 rising 0.42% to a record close of 5,762.48 on Sept. 30 as investors continued to bet on themes like the potential for artificial intelligence and interest rate cuts. Chinese markets have seen renewed interest with the CSI … Read more
The Israel Defense Forces (IDF) began a limited, localized ground operation targeting Iran-backed terrorist group Hezbollah on Monday evening, marking a new chapter in the Israel-Hamas war. The developments came in the wake of the IDF’s successful attacks against Hezbollah, killing several of the organization’s key figures over the weekend. Hezbollah leader Hassan Nasrallah was … Read more
Demonstrators hold signs while marching during a protest against Georgia’s “heartbeat” abortion bill in Atlanta, Georgia, U.S., on Saturday, May 25, 2019. People gathered to protest the state’s recently passed House Bill 481, which would ban abortion after a doctor can detect a fetal heartbeat usually around the sixth week of pregnancy. Photographer: Elijah Nouvelage/Bloomberg via Getty … Read more
Trivariate Research is laying out some U.S. companies that could win big in China’s latest stimulus deal. Last week, China’s central bank released a raft of support measures to help stimulate economic growth and boost a struggling real estate market in the second-largest economy in the world. The measures included cutting the amount of cash … Read more
Israel has notified the United States it intends to launch a limited ground incursion into Lebanon, US officials said. The operation could start as soon as Monday, an official earlier told the BBC’s US partner CBS. Israel’s defence minister Yoav Gallant earlier implied the army was ready for a ground incursion, telling troops near the … Read more