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  • Jan 21, 2025

German Investor Outlook Sours as Economy Fails to Gain Momentum

(Bloomberg) -- Investor confidence in Germany’s economy fell more than expected before next month’s snap election, underscoring persistent doubts in the country’s ability to escape its current bout of stagnation.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNYC Commuters G

  • Jan 20, 2025

China enters 'new normal' for luxury market with flat sales expected in 2025, report says

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company said at the launch of its latest 'China Luxury Report' on Tuesday. Discretionary items, including personal luxury goods, have been hard hit in China, which accounts for around a third of global luxury goods sales.

  • Jan 20, 2025

Nvidia CEO's whirlwind Taiwan tour: from Lunar New Year banquets to night market visits

Nvidia CEO Jensen Huang wrapped up a fast-paced 55-hour visit to Taiwan, which included engagements with top industry leaders and visits to key manufacturing sites, underscoring the island's role in the global artificial intelligence (AI) and semiconductor industries. On Sunday, Huang hosted a high-profile lunch in Taipei, attended by 36 top executives from Taiwan's leading technology companies. This rare gathering included Foxconn Technology Group chairman Liu Young-way, Foxconn industrial inte

  • Jan 20, 2025

Investors 'make Europe great again' with big stock allocation, BofA says

European stocks saw their second largest allocation in a quarter of a century in January, as lagging risk assets played catch up, according to a survey of investors from BofA Global Research published on Tuesday. In a report titled "Make Europe Great Again", BofA said asset allocation remained risk-on, with investors bullish towards the U.S. dollar and stocks, but bearish towards everything else. A disorderly rise in bond yields was seen as the most bearish development for 2025, BofA said.

  • Jan 20, 2025

Better Buy in 2025: XRP (Ripple), Dogecoin, or Bitcoin?

The breakout can be attributed to President Donald Trump's pro-crypto stance and the friendly policies that may follow now that his administration is officially in office. Between Nov. 5 and Jan. 17 (the date of this writing), XRP (CRYPTO: XRP) has soared by 539%, Dogecoin (CRYPTO: DOGE) has jumped by 154%, and Bitcoin (CRYPTO: BTC) has climbed by 50%.

  • Jan 20, 2025

BofA Says Benign Trump Policies to Spark Rally in Stock Laggards

(Bloomberg) -- There are early signs that investors are preparing for equity laggards to rally on bets that US President Donald Trump could take a softer-than-feared stance on global trade, according to a survey by Bank of America Corp.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed Op

  • Jan 20, 2025

Wall Street Banks’ Client Trading Practices Examined by UK

(Bloomberg) -- UK financial regulators are examining how top investment banks including Goldman Sachs Group Inc. and Barclays Plc handle client trades.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesThe Financia

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