Category: Economy News

SoftBank Corp shares slumped more than 10 percent on debut, as investor appetite for Japan’s biggest ever IPO was hurt by a recent service outage at the telecoms operator and worries over its exposure to Chinese telecoms gear maker Huawei. Source link

But the ability to feel it accurately, in a time of mixed signals like the current moment, is not so simple. Source link

At an event commemorating a leaders’ conclave in 1978, China’s president emphasized a singular message: Don’t question the wisdom, foresight and omnipotence of the Communist Party. Source link

The new dispute resolution scheme said it received 6,522 complaints in its first month Source link

Investor outlooks have deteriorated to their most pessimistic in a decade, Bank of America Merrill Lynch’s December investor survey showed on Tuesday. Source link

Oil prices fell 4 percent on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated. Source link

In reports to the Senate on Russian interference, Google, Twitter and Facebook were criticized for their disinclination to reveal details. Source link

A brief guide to recessions and what can be done about them. Source link

Jeffrey Gundlach, chief executive of DoubleLine Capital, on Monday said the S&P 500 stock index is headed to new lows and that U.S. equities are in a long-term bear market. Source link

Wall Street’s major indexes all slid more than 2 percent on Monday, with the benchmark S&P 500 closing at its lowest level in 14 months, on concerns of slowing economic growth ahead of a highly-anticipated decision from the Federal Reserve this week on the course of interest-rate hikes. Source link