Huntington Private Bank CIO John Augustine joins Yahoo Finance Live to discuss recession in China, Fed policy, potential upside in markets next year, and finding yields in cash.
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Beijing’s mask slips
Nomura cut its 2022 growth forecast to 2.8 percent, barely half of Beijing’s official target of 5.5 percent. Stocks and energy prices: Significantly down over the past week Covid numbers: Around …
China’s zero-COVID strategy makes no sense and its homegrown vaccines are not ‘particularly effective,’ says Fauci
CORONAVIRUS UPDATE Widespread protests across China over the government’s zero-COVID policy dominated pandemic headlines Monday, with Anthony Fauci, President Joe Biden’s chief medical …
Protests against Covid lockdowns sweep China, challenge Xi Jinping
In the capital, Beijing, students at Tsinghua, one of China’s most prestigious universities and Xi’s alma mater, shouted “We want democratic rule of law, we want freedom of speech.” …
China says it will extend tariff exemptions on some U.S. products
China will extend tariff exemptions on some imported products from the United States until May 31 next year, the finance ministry said on Monday.
China’s Finance Ministry: Will extend tariff exemptions on some US products
China’s Finance Ministry said on Monday that they will extend tariff exemptions on some imported products from the United States until May 31 next year. AUD/USD is keeping its recovery mode intact at …
Stocks tumble as China’s COVID protests roil sentiment
Stocks and commodities prices slid sharply on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs raised investors’ concerns about the growth implications for …
Goldman Says China May End Covid Zero Earlier Than Expected
Goldman Sachs Group Inc. said China may end its Covid Zero policy before April — earlier than widely expected — with some chance of a “disorderly” exit, amid tighter virus controls that have …
Dollar gains, yuan slides as China’s COVID unrest spooks markets
The dollar climbed on Monday as protests against COVID restrictions in China rattled financial markets, sending the yuan sliding and pushing nervous investors toward the safe-haven greenback. The …
China markets tank as protests erupt over Covid lockdowns
China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment.
Beijing to boost role as national financial management center, as its vast potential highlighted at key forum
Beijing is eyeing a larger role as the … The suggestions include perfecting financial infrastructural construction, directing finance to serve the real economy and improving the business …
Stocks, oil skid as China’s COVID protests roil sentiment
Stocks and oil weakened on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID policy raised worries about management of the virus in the world’s second-largest …
WRAPUP 5-China COVID cases rise, hard-hit Beijing tightens entry rules
Arrivals to Beijing required to take three days of tests By Liz Lee and Martin Quin Pollard BEIJING, Nov 21 (Reuters) – China’s capital warned on Monday that it was facing its most severe test…
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