China’s industrial profits drop further as COVID woes take toll on economy

Jan-Oct industrial profits -3.0% yr/yr vs -2.3% in Jan-Sept Risks from domestic COVID outbreaks and global recession flagged BEIJING, Nov 27 (Reuters) – China’s industrial firms saw overall profits decline further in the January-October period as COVID-19 outbreaks flared up and cities imposed new virus curbs, including targeted lockdowns, dampening economic activity. Industrial profits fell … Read more

Here’s When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green

Financial advisory firm deVere Group CEO Nigel Green is optimistic that the crypto bear market is months away from coming to an end. Green says that the prices of Bitcoin (BTC) and other crypto assets will rise once inflation starts slowing down and the central banks begin loosening monetary policy. According to Green, the assets … Read more

Multiphoton Microscopy Global Market Report 2022: Rising

DUBLIN, Nov. 25, 2022 (GLOBE NEWSWIRE) — The “Multiphoton Microscopy Market Share, Size, Trends, Industry Analysis Report, By End-Use, By Type, By Application, By Region, Segment Forecast, 2022 – 2030” report has been added to ResearchAndMarkets.com’s offering. The global multiphoton microscopy market size is expected to reach USD 223.2 million by 2030, according to a … Read more

Global risks to keep BOJ from adjusting yield cap next year – ex-c.bank executive

BOJ must eventually ditch YCC, move to zero-rate policy – Momma Wage, economic strength key to when BOJ ends current policy US recession risk likely to keep BOJ from acting next year TOKYO, Nov 24 (Reuters) – Growing risks of a global economic slowdown will likely prevent the Bank of Japan (BOJ) from phasing out … Read more

ISDA Launches Digital Regulatory Reporting 1.0

The International Swaps and Derivatives Association, Inc. (ISDA) has launched the full open-source version of the Digital Regulatory Reporting (DRR) model and opened access to ISDA members and non-members to support compliance with the US Commodity Futures Trading Commission’s ( CFTC) amended swap data reporting rules. The CFTC is the first regulator to amend its … Read more

European markets open to close, stocks, data and earnings news

Stocks on the move: BP up 5%, Allfunds down 9% UK wealth tech company All Funds Group saw its shares fall 9% to the bottom of the Stoxx 600 in early trade. At the top of the index, bp shares added 5% to lead a broad advance for the oil and gas sector. – Eliot … Read more

Citi Markets to Donate Over $10 Million to Education-Focused Non-Profit Organizations

LONDON–(BUSINESS WIRE)–Citi announced today that it will donate over $10 million in support of education-focused non-profit organizations as part of its 2022 e for education campaign, the highest annual amount since the initiative was launched. With this donation, the campaign is set to donate over $66 million in aggregate since its inception in 2013, and … Read more

North County Business Briefs, Nov. 20: Fallbrook Artisan Faire, “Pawliday Market” at Carmel Mountain

CARLSBAD Letters to Santa, tree lighting at Forum The Forum Carlsbad hosts its 20th annual tree lighting from 6 to 9 pm Dec. 2. The evening will include a live performance by Crown City Bombers, holiday characters and entertainers, Santa and a light show and snowfall. Families will also have an opportunity to visit and … Read more

Global investors are bullish again on China as Beijing switches to damage control

Hong Kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in power and stacked his top team with loyalists in a clean sweep not seen since the Mao era. But in the past week, a series of unexpected steps by … Read more