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    News

    Looking at the sports economy from the perspective of running with black people – Yahoo Finance [News Commentary]

    2024.04.18

    Sports economy has always been a topic of great concern, especially in today's depressed social atmosphere. In recent years, as people pay more attention to health and sports, sports use […]
    Federal Reserve Beige Book: As economic activity expands, it becomes more difficult for companies to pass on costs

    2024.04.18

    The Beige Book released by the U.S. Federal Reserve stated that U.S. economic activity expanded slightly from the end of February to early April, but it became significantly more difficult for companies to pass on costs. The Fed weighed in on 12 […]
    UBS plans to lay off staff in investment banking and other departments

    2024.04.17

    UBS is reported to be planning a new round of layoffs, which will involve investment banking and other departments. According to a report by Bloomberg, sources familiar with the matter revealed that the layoffs are expected to […]
    The US dollar exchange rate fell, the yen hit a 34-year low – Wireless News

    2024.04.17

    The dollar fell from a five-and-a-half-month high, while the yen hit a 34-year low. This news has attracted widespread attention in global financial markets, and investors have begun to speculate on the future direction of the foreign exchange market […]
    Hong Kong stocks’ U.S. ADRs and the closing prices of the local stock market generally fell

    2024.04.17

    According to the latest data, the cost of Hong Kong stock depositary receipts traded in the United States is generally downward compared with the closing market in Hong Kong. HSBC Holdings closed at 62.63 yuan, which was higher than the closing price in Hong Kong […]
    The rebound in property market transactions has led to slow mortgage approvals, with some banks tightening approvals

    2024.04.17

    The rebound in property market transactions has led to slow mortgage approvals and some banks have tightened approvals – Now News After the Hong Kong property market has fully retreated, residential transactions have rebounded and customers […]
    The market expects the Fed to cut interest rates and cool down the price of gold.

    2024.04.17

    Gold prices fell slightly as market expectations for an interest rate cut by the Federal Reserve cooled. This news caused widespread discussion and concern in the financial community. Investors have raised concerns about the future trend of gold prices […]
    Hong Kong Stock Investment Diary for April 18

    2024.04.17

    In the latest Zhitong Hong Kong Stock Investment Diary, we will share some of the latest information on getting ProPicks to see which strategies beat the S&P 500. These strategies […]
    Major Banks Cut Cash Rebates to Zero New Mortgages Also Suffered - Real Estate News

    2024.04.17

    Some major banks are reportedly planning to cut mortgage cash rebates to zero. This move will have a significant impact on the property market, particularly for first home buyers […]
    Morgan Stanley's Asia-Pacific investment banking department laid off 50 people, and China and Hong Kong were hit hard

    2024.04.17

    According to Bloomberg, U.S. investment bank Morgan Stanley plans to start layoffs this week and is expected to cut about 50 investment banking positions in the Asia-Pacific region (excluding Japan). […]
    UBS raises mainland economic growth forecast

    2024.04.17

    Major banks have mixed views on the outlook. UBS raised its forecast for mainland economic growth this year, but JP Morgan lowered its economic outlook for the second quarter. The RMB/USD is forecast to fall to 7.2 by the end of the year […]
    China cannot escape U.S. economic restrictions as yuan is subject to Fed’s gravitational pull – Yahoo Finance

    2024.04.17

    During the years of the trade war, China found ways to circumvent the various U.S. restrictions on its economy — from restrictions on the latest mobile phone chips to sanctions on Iranian oil. But even […]