Senior officials from the Federal Reserve are sounding the alarm for impending recession: warning signals for the economy and employment are flashing!
Next year, Piotr Gulczyński, the chairman of the Polish National Bank, stated that there is a risk of continuously rising unemployment rates. The Federal Reserve may need to cut interest rates before the job market weakens further, otherwise it may act too late and jeopardize the economy.
China's Central Bank Issues Gold Import Quotas to Several Banks After Temporary Pause
Changhong Meiling's net income and profit both increased, benefiting from the business of manufacturing air conditioners for Xiaomi. Interpretations of financial reports.
Changhong Meiling air conditioner revenue increased by 20%. Industry analysts told reporters that as the main OEM of Xiaomi air conditioners, Changhong Meiling benefited. Analysts personally determine that the recent establishment of Xiaomi Smart Appliance (Wuhan) Co., Ltd. may not have a significant impact on Changhong Meiling.
The five major listed insurance companies in China received a total of 1.95 trillion yuan in premiums in the first seven months, with a mixed growth rate in life insurance. Who is falling behind?
Five A-share listed insurance companies had a total premium income of 1.95 trillion yuan in the first seven months of this year, an increase of 3.49% year-on-year. The premium growth rates of three companies' property insurance businesses were all above 4%. The premium growth rate of life insurance business showed a differentiation, with a situation of three positives and two negatives, which is mainly related to the company's active optimization of business structure.
Tencent-Backed Epic Games Brings Fortnite Back On The IPhone, This Time With An Entire App Store After Its 4-Year-Long Battle With Apple
Alibaba's 'Going Abroad Partner' program aims to accelerate profits.
It is already the biggest driving force behind Alibaba's revenue.
Banks' giants have reached a new high in history! In recent days, northbound funds have been significantly buying up, and the active capital trend has been reviewed. These directions are also receiving hot money for increased positions.
Recently, bank stocks have shown strong performance, especially large-cap giants, with frequent stock price activity. Among them, Industrial and Commercial Bank of China, Construction Bank of China, and Bank of China hit a historic high today. Northbound funds have recently focused on adding holdings in the banking sector, with nearly 90% of bank stocks receiving shareholding in the past five days, and eight individual stocks having a net purchase amount greater than 0.1 billion yuan. In addition to the banking sector, Northbound funds have recently also focused on adding holdings in the electrical utilities, insurance, and securities sectors, while margin financing funds have favored the consumer electronics and chemical pharmaceuticals sectors in recent days.
Fed rate cut is imminent! Wells Fargo & Co: the US stock market will usher in a bull market comparable to 1995.
Paul Christopher, global investment strategist of Wells Fargo & Co, said that the US stock market is about to see an unprecedented rise in 30 years; the current market has similarities with the market in 1995, when the stock market was booming and the S&P 500 index hit 77 historical highs; investors may currently face an environment similar to that of 1995-inflation is declining, and the economy has not collapsed.
JPMorgan CEO Damian: Using the 'Buffett Rule' to combat the rich may be a solution to the US debt problem.
Damon believes that to reduce the financial burden, we can follow the Buffett rule and levy more taxes on the wealthy, that is, families with annual incomes exceeding 1 million US dollars should pay no less tax than middle-class families.
jd.com: Strong profits but adopts a conservative attitude towards future growth.
Despite JD.com's excellent profit performance, slower revenue growth and macroeconomic challenges still need attention. Therefore, Daiwa Securities' outlook for JD's future growth is cautious, maintaining a target price of $28 and a "hold" rating.
Banks are intensively launching deposit benefits campaigns, and the effort to attract deposits is increasing. Can the idea of "high interest to attract deposits" be continued?
- With the further reduction of deposit interest rates and the emergence of deposit migration phenomenon, many banks have launched a series of deposit-related welfare activities to attract and stabilize deposits. - Experts believe that attracting deposits with welfare and gifts still has the suspicion of "high-interest deposits", which will inevitably increase the liabilities cost of some banks. Therefore, banks need to closely follow the pain points of customer preferences to improve the quality of financial services.
Options Market Statistics: Walmart Stock Rallies, Options Pop on Q2 Earnings Beat, Raised View
Initial jobless claims drop to the lowest level since July! The expectation of a recession in the USA has eased, and a 'soft landing' is on the table.
The number of initial unemployment claims in the United States has been declining for two consecutive weeks, and the latest initial unemployment claims have dropped to the lowest level since early July.
JD.com Q2 earnings call: Striving for revenue growth to surpass China's retail sales for the full year, while maintaining long-term profit margin targets in the high single digits.
jd.com stated that it will continue its low stock price strategy, and based on its strong supply chain capabilities, provide users with more high-cost-effective products and services.
Apple, Tencent Discussing Potential Revenue-Sharing Deal For WeChat Mini-Games, Says Chinese Game Maker Exec
Tencent's "Credit Book" has gotten thicker again.
A new champion rises.
Asian Up, Europe Mixed; Oil Advances And Gold Steady Near All Time High - Global Markets Today While US Slept
Express News | China Central Bank Governor Said Overall Chinese Financial System Is Relatively Stable; Number Of Local Government Financing Platforms And The Size Of Debt Also In Decline
US CPI is finally below 3% for the first time in three years. It's time to worry about other things.
Risks of housing inflation remain, signs of soaring oil prices may bring huge impact, and Fumio Kishida's withdrawal from the election exacerbates economic uncertainty.
JPMorgan on China Economy: Investors Are Seeking More Aggressive Policy Support