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Hong Kong's share sales are booming, aiming for the second-largest global market position since 2012. Electric carmakers and battery giants lead the surge. Investors are overlooking global tensions. Many Chinese companies are listing in Hong Kong. India's share sales are slowing down. Japan and South Korea are also experiencing growth.
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News and Media
Wall Street is celebrating a market surge fueled by receding trade war fears, with the S&P 500 hitting a record high. Investor optimism is high despite economic uncertainties and policy concerns. Cooling inflation and improved consumer sentiment are driving the rally across stocks, bonds, and commodities.
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News and Media
President Trump expressed his desire for Federal Reserve Chair Jerome Powell to resign, criticizing Powell's performance and labeling him "stupid." Trump stated he would prefer interest rates at 1%, accusing Powell of maintaining higher rates due to "Trump Derangement Syndrome." He intends to nominate a successor who will lower rates, potentially challenging the Fed's traditional independence.
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News and Media
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