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Investors and economists are increasingly at odds over the outlook for the world economy.
Those trading money worry the low-inflation, solid growth of the past year is coming to an end, leading to nervous equities and bonds. By contrast, economists and policy makers wager the first-quarter slowdown was a blip and that a decent expansion will soon resume.
Here’s our weekly wrap....More>>>
Scores of companies generate huge returns for their investors withoutmaking splashy financial headlines. That’s why it can make a great deal of sense to look for stocks to buy that Wall Street is currently ignoring.
So, which stocks are potential hidden winners that can be safely purchased today? We asked a team of investors to weigh in, and they pickedSogou (NYSE:SOGO), TJX Companies....More>>>
Yum China Holdings (NYSE:YUMC) can boast of many superlatives in the Chinese eating-out market. It’s the largest restaurant chain in China. With over 8,000 locations, it has more than 2.5 times the units of its next-largest competitor, Starbucks Corporation. It claims the mantle of being the biggest restaurant delivery system in China. And it counts 160 million people in its loyalty programs....More>>>
U.S. stock futures are trading broadly higher this morning. The major market indices are gaining ground following their worst weekly performance in more than two years.
Helping to improve sentiment on Wall Street are reports that the U.S. and China are holding talks to avoid a trade war. Leading these talks are Liu He, China’s economic czar, and U.S. Treasury Secretary Steven Mnuchin....More>>>
China just moved a step closer to acquiring one of America’s oldest stock exchanges, despite security concerns raised by some in Congress.
This week a U.S. panel that examines foreign deals for potential national security concerns cleared the purchase of the 134-year-old Chicago Stock Exchange by a China-led group of investors.
The Chicago Stock Exchange said the Committee....More>>>
Over the years, NetEase (NASDAQ:NTES) has made the most of the opportunities presented by China’s mobile and online gaming market, and has also diversified into fast-growing verticals like ecommerce to supercharge its prospects. Not surprisingly, NetEase investors have been a happy lot, as their investment in the Chinese internet specialist has experienced fivestraight years of double-digit....More>>>
Russia isn’t just trying to sell its new airliner abroad. It might build it there, too.
State-owned military-industrial giant Rostec, which is responsible for exporting Russian technology, said Sunday that it has started talks to jointly produce a commercial plane overseas — potentially in the United Arab Emirates.
The short statement, which coincided with the start....More>>>
Hindalco Industries share price gained a percent intraday on Thursday as its subsidiary Novelis is going to double its automotive aluminum capacity in China.
“Novelis Inc, the world leader in aluminum rolling and recycling, will invest approximately $180 million to double its automotive aluminum body sheet capacity at its Changzhou facility in China,” the aluminium major....More>>>
ESPN presidentJohn Skipperwas hiding a substance abuse problem for many years. On Monday, he stopped hiding.
Skipper’s resignation, which took effect immediately, stunned the sports and media worlds. ESPN hosts and staffers wished him well and privately wondered who will take over the TV sports empire.
Disney CEO Bob Iger has given himself 90 days to figure that out. Tuesday....More>>>