U.S. stock indexes opened lower on Wednesday morning, struggling to recover ground after a four-day losing streak amid worries about the chances of an economic downturn in coming months. How Read more
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Political uncertainty has been removed after China’s Party Congress, but investors are still gloomy
Financial-market investors were craving for clues on clearer economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday Read more
It looks like China’s Xi ‘installed a war cabinet’ and removed the reformers, says Kyle Bass
“‘It looks like he installed a war cabinet and removed the reform and opening people,’” — Kyle Bass, Hayman Capital founder and chief investment officer. That’s Kyle Bass, founder and Read more
Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since Read more
Markets on watch as China’s Party congress kicks off this weekend. What investors need to know.
Investors have been battered by China’s economic slowdown, due in large part to a stubborn strain of COVID-19 that has rippled through the country this year which forced hundreds of Read more