Analysts still can't agree whether Tesla is a car company or not: Morning Brief
One of Kazakhstan's biggest privately owned conglomerates is looking to Hong Kong's capital market to finance a multimillion dollar infrastructure project by its telecoms unit, underscoring the city's growing status as a fundraising hub for the Belt and Road Initiative (BRI). Freedom Holdings, the top Kazakh retail brokerage and investment bank, has engaged China International Capital Corp. (CICC) to help it sell so-called dim sum bonds, or financial instruments denominated in offshore renminbi,
(Bloomberg) -- South African stocks have their noses in front of emerging-market peers, but glum news from China threatens to weigh on the key mining sector and stymie that outperformance.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025NYC Transit Capital Upgrades Face $27 Billion Gap, DiN
(Bloomberg) -- South Korea’s top financial regulator said it plans to lift the ban on short selling at the end of March and will ensure that necessary rule revisions are in place by then.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025NYC Transit Capital Upgrades Face $27 Billion Gap, DiNa
(Bloomberg) -- Foreign investors offloaded ¥824 billion ($5.78 billion) of cash Japanese equities last week, their biggest selling on a net basis in almost a year, data from Japan Exchange Group showed.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025NYC Transit Capital Upgrades Face $27 Bi
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
The markets have kicked off September with a reprise of the swoon we saw in early August, making it clear that investors are not quite as sanguine as the politicians would like in this election year. Bad news from the jobs reports is fueling fears that a recession could be on the way; the July numbers included a downward revision of more than 800,000 for the past year, and the August numbers missed expectations, coming in barely at maintenance level. The commodity markets are also down in recent