- November 22nd, 2024
In the high-stakes world of global asset management, George Efstathopoulos, a Singapore-based money manager for Fidelity International, is positioning himself as a staunch believer in China’s economic resilience. After capitalizing on China’s dramatic stock market rally in September, Efstathopoulos is...
Asian equities saw a broad rally Friday, with stocks across Australia, Japan, South Korea, and China all advancing in response to a strong performance across US markets and a recent interest rate cut by the Federal Reserve. Following the Fed’s...
In a mixed session for Asian markets, Japanese stocks saw gains on Wednesday, while most other markets in the region fell as investors treaded cautiously ahead of the upcoming US presidential election and a pivotal Federal Reserve rate decision next...
Asian stocks saw little movement in early holiday-thinned trade on Monday, as nervous investors speculated on how markets in mainland China might respond to broad but vague economic stimulus promises from the Chinese government over the weekend. Despite hopes of...
Chinese stocks surged on Monday, following a weekend announcement by the Ministry of Finance that promised new measures to support the troubled property sector and suggested the potential for increased government borrowing. The pledge to offer financial backing and explore...
As China's economic future comes into sharper focus, a critical message for global investors is becoming clearer: do not buy Chinese stocks expecting a massive fiscal stimulus to prop up the economy. Instead, the true bull case for Chinese equities...
The wealthiest 10% of the US stock market owns 93% of all household stock market wealth, a record high. The Institute for Policy Studies found that the richest 1 percent owns 54% of public equity markets, up from 40% in...