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Investment banks including Goldman Sachs, UBS and BNP have become more positive on Chinese stocks, with foreign selling having subsided. But the property crisis, deflationary risks and tepid consumer demand mean global investors are yet to go all ‘all in’. ....
Banking and insurance stocks boosted the Hang Seng Index close to bull market territory with the overall sentiment remaining upbeat following Beijing’s recent efforts to prop up stocks. ....
Australian shares ended lower on Thursday, snapping an eight-day winning streak, as heavy losses in financials and energy stocks weighed on the benchmark index after the central bank flagged risks of. | April 6, 2023 ....
US and European stock markets rose, but bank shares wavered in volatile trading Monday, after financial authorities scrambled to ease fears of a crisis in the banking system. ....