Chinese stocks gain US$70 billion as Ant Group’s new US$1.5 billion plan fuels investor optimism
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
Investing
Fed expects no interest rate cuts in 2023
The Fed is expected to raise rates again on February 1.
Coinbase to pay US$100m after ‘significant failures’ raised criminal activity risk
Coinbase chief legal officer Paul Grewal said the firm has taken “substantial measures to address these historical shortcomings.
Cathie Wood buys US$19 million in Tesla stock as new ‘major worry’ emerges
The long-time Tesla bull Wood is doubling down.
The most anticipated Tech IPOs in 2023
Forbes reviewed the current unicorn landscape to tap who might be likely to list.
Lithium and rare earths tipped for 2023 gains; share markets sink in 2022
2022 saw the worst annual performance on the S&P/ASX 200 since 2018.
US markets close out worst year since 2008
The Dow fell 9% in 2022, while the S&P 500 fell 20% and the tech-heavy NASDAQ 34%.
Energy stocks outshone peers in 2022 on US markets
During the stock market’s worst year since 2008, energy stocks have greatly outperformed other assets.
Earnings and dividends – do companies have the capacity?
Economic conditions remain challenging for stocks as slower growth and tighter monetary conditions pressure valuations.
Coming up on the markets
Markets turn quiet in the approach to holidays.