Golden Financier – Page 304 – Investing and Stock News

Economy

Steel rebar futures jump to CNY 3,170: Chinas’ stimulus measures boost market optimism

In September, the futures for steel rebar experienced a notable increase, reaching CNY 3,170 per tonne. This spike represented the highest price seen in a month, largely driven by the…

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Economy

US GDP grows 3% in Q2 2024: private inventory investment drives upward adjustment

In the second quarter of 2024, the US economy expanded at a 3% annualized rate, demonstrating its resiliency. This figure is consistent with the prior estimate and represents a significant…

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Economy

China’s industrial profits fall 17.8% in August amid weak economic growth and property slump

China’s industrial profits plunged 17.8% in August compared to the previous year, signaling growing concerns over the country’s economic slowdown. The sharp decline, reported by the National Bureau of Statistics…

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Economy

Chinese stocks soar, posting best weekly gains since 2008 amid stimulus optimism

Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index,…

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Stock

Chinese stocks soar, posting best weekly gains since 2008 amid stimulus optimism

Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index,…

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Stock

FTSE MIB forms a rare bullish pattern; is an all-time high coming?

Italian stocks bounced back this week as investors embraced a risk-on sentiment. The blue-chip FTSE MIB index rose to a high of €34,400, its highest point since July 24. It…

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Stock

China’s New World Development shares up 23% after CEO resignation: here’s why

Shares of Hong Kong’s major property developer New World Development surged by 23% after the unexpected resignation of CEO Adrian Cheng, a prominent figure from the company’s founding family. The…

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Stock

IBEX 35 just soared to a record high: more upside ahead?

Spanish stocks are firing on all cylinders. The closely followed IBEX 35 index has risen for three consecutive weeks, rising to a record high of €12,000, bringing the year-to-date gains…

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Stock

Stocks to watch next week: Tilray, Nike, Carnival, Constellation Brands

American stocks performed great this week, thanks to the recent decision by the Federal Reserve to cut interest rates and the robust stimulus provided by Chinese authorities. The Dow Jones…

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Latest News

Singapore court grants WazirX 4-month conditional moratorium

In a significant development for India’s cryptocurrency sector, Singapore’s High Court has granted WazirX a four-month moratorium under specific conditions, the company confirmed to CoinDesk. WazirX, which suffered a massive…

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