Mizuho: 'Optimistic' About the Future
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
42 minutes ago
- CNBC
Asia markets set to open mixed as investors assess trade developments, await China benchmark rates
Asia-Pacific markets were set to start the day mixed Monday, with investors keeping a close watch on the People's Bank of China's decision on its 1-year and 5-year loan prime rates for July, as well as the latest developments on the trade front. Trade came into focus once again over the weekend as the White House reiterated its position on tariffs. On Sunday, U.S. Commerce Secretary Howard Lutnick called Aug. 1 the "hard deadline" for countries to start paying tariffs, though he also added that "nothing stops countries from talking to us after August 1." Good morning from Singapore. Investors will be keeping a close watch on the People's Bank of China's decision on its 1-year and 5-year loan prime rates for July expected later in the day. Futures for Hong Kong's Hang Seng index stood at 24,883, pointing to a stronger open compared with the HSI's Friday close of 24,825.66. Australia's S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,688, compared with its last close of 8,757.20. Japanese markets were closed for a public holiday. — Amala Balakrishner The S&P 500 and Dow Jones Industrial Average ended Friday in the red, with stocks turning lower in afternoon trading as tariff fears took over. The 30-stock Dow lost 142.30 points, or 0.32%, ending at 44,342.19. The S&P 500 inched 0.01% lower to close the session at 6, tech-heavy Nasdaq Composite added just 0.05% to settle at 20,895.66. — Pia Singh
Bloomberg
2 hours ago
- Bloomberg
China's Bond ETFs Top $50 Billion in Frenzy Spurred by Deflation
Chinese investors are snapping up exchange-traded funds tracking bonds, betting on their lower costs and diversified exposure to profit from an environment of stubborn deflation and policy support for the corporate sector. Assets managed under such ETFs surged to more than $50 billion at the end of June, up from $10 billion at the beginning of last year, Bloomberg data show. The number of those targeting corporate notes has increased sixfold since the end of last year to become the fastest-growing segment, accounting for more than half of all bond ETFs.
Business Insider
2 hours ago
- Business Insider
F1 to experience growing pains with Apple TV+, payoff long-term, Bloomberg says
While F1 has not yet announced if it has accepted the deal with Apple (AAPL), the partnership will come with a painful trade-off, requiring more casual fans to buy an Apple TV+ subscription will throw the cable-led growth into a sharp decline, Adam Minter of Bloomberg reports. The sacrifice, however, is poised to pay off in the long term, with Apple's upscale image to help differentiate F1 from other sports and Apple's technology a potential game changer for how fans experience motorsports. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
