Wealth Growth Daily

Updated

Morning Bid: China clouds global ‘Goldilocks’ outlook

BY Reuters  • September 1, 2024September 1, 2024
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia kick off the new trading month on the front foot, optimistic about a U.S. ‘soft landing’ and[...]
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U.S. stock rally broadens as investors await Fed

BY Reuters  • September 1, 2024September 1, 2024
By David Randall NEW YORK (Reuters) -A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data a[...]
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China’s lending to Africa rises for first time in seven years, study shows

BY Reuters  • September 1, 2024September 1, 2024
By Duncan Miriri NAIROBI (Reuters) -Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an independent study showed on Thursday. Afric[...]
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Artisan urges Seven&i for takeover bid update by Sept 19

BY Reuters  • August 31, 2024August 31, 2024
By Rocky Swift and Kevin Buckland TOKYO (Reuters) – U.S. fund Artisan Partners Asset Management ramped up pressure on Japan’s Seven and i holdings, calling on the board to provide an updat[...]
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China’s weak factory PMI raises pressure for consumer stimulus

BY Reuters  • August 31, 2024August 31, 2024
By Joe Cash BEIJING (Reuters) -China’s manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on Satur[...]
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Brazil watchdog moves to block access to Elon Musk’s X after court order

BY Reuters  • August 31, 2024August 31, 2024
By Lisandra Paraguassu, Luana Maria Benedito and Ricardo Brito SAO PAULO/BRASILIA (Reuters) -Brazil’s telecommunications regulator said on Friday it was suspending access to Elon Musk’s X[...]
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US requests trade dispute consultations with Canada over new digital services tax

BY Reuters  • August 31, 2024August 31, 2024
By David Lawder WASHINGTON (Reuters) -The U.S. has requested trade dispute settlement consultations with Canada over its new digital services tax, the Biden administration said on Friday, adding that[...]
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California issues draft regulations for operating autonomous trucks

BY Reuters  • August 30, 2024August 31, 2024
(Reuters) – The California Department of Motor Vehicles on Friday issued draft regulations on the operation of autonomous vehicles on highways, paving the way for self-driving trucks to commence[...]
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Stocks end turbulent month higher as US data sets stage for rate cut

BY Reuters  • August 30, 2024August 30, 2024
By Chibuike Oguh and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks edged higher in choppy trading on Friday, making it the fourth consecutive month of gains despite a bout of heavy selling in[...]
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