[ad_1] South Korea’s gross domestic product grows 0.9% in second quarter South Korea’s gross domestic product grew 0.9% year-on-year in the second quarter of 2023, according to advance estimates. This was unchanged from the 0.9% seen in the first quarter, and beat the 0.8% estimate by economists polled by Reuters. On a quarter to quarter … Read more
[ad_1] Pedestrians in front of a pawn shop during Golden Week at night in Macau, China, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near … Read more
[ad_1] CNBC Pro: Parts of the market are getting pricey. But analysts like these 4 cheap stocks Markets have rallied this year despite economic uncertainty in the United States. Some parts of the markets are expensive right now, but analysts say some sectors are still cheap. They name four stocks that are still cheap to … Read more
[ad_1] CNBC Pro: How much of A.I. is just hype? A bull and a bear share their tips on how to invest Artificial intelligence has taken the investing world by storm since early this year — thanks largely to the emergence of ChatGPT, which triggered a wave of buying into AI-related stocks. Is it here … Read more
[ad_1] Turkey’s President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly (TGNA) in Ankara, on May 18, 2022. Adem Altan | AFP | Getty Images Turkish media reported on Sunday that Recep Tayyip Erdogan has won Turkey’s … Read more
[ad_1] Millions of Turks headed to the polls Sunday in what is set to be Turkey’s most consequential election in two decades, and one whose results will have implications far beyond its own borders. The country of 85 million holds both its presidential and parliamentary elections on May 14. For the presidency — which is … Read more
[ad_1] Nikkei reports Bank of Japan started discussion to change forward guidance Bank of Japan officials have started planning a “broad policy review” including discussions of a change to its forward guidance, Nikkei reported. The report added while the talks ,include deferring a decision on YCC tweaks, there is a possibility of a follow-through taking … Read more
[ad_1] Hedge fund manager David Neuhauser’s fund has beaten both the S & P 500 and the Dow Jones Industrial Average so far this year. The Livermore Partners’ “special situation” hedge fund is up over 10% in the year to date, he told CNBC on Thursday. Meanwhile, the Dow is up 1.6% and the S … Read more
[ad_1] A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. – With hindsight, there were warning signs ahead of last week’s spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some … Read more
[ad_1] Bondi Beach in Sydney, Australia Brook Attakorn | Moment | Getty Images Asia-Pacific markets were higher on Tuesday as investor fears over the recent banking turmoil continued to show signs of easing. In Australia, the S&P/ASX 200 rose 1.11%. Japan’s Nikkei 225 was up 0.3%, while the Topix saw a larger gain of 0.57% in … Read more