Procter & Gamble (NYSE: PG) stock price gained almost 60% from around $92 at 2018 end to $146 currently, primarily due to favorable changes in its revenues and P/S multiple. ( read original story ...)
Pre-Market Brief: Stocks Mixed As Fed Minutes Boost Sentiment, But China’s Covid Woes Weigh
China’s Shanghai Composite Index (SHCOMP ... closed down 2.39% and hit a 52-week low of 17.15. Pre-Market U.S. Stock Movers Canoo Inc (GOEV) climbed over +12% in pre-market trading after the company's ... ( read original story ...)
China Central Bank Boosts Stimulus to Aid Covid-Hit Economy
China’s central bank cut the amount of cash lenders must hold in reserve for the second time this year, ramping up support for an economy racked by surging Covid cases and a continued property ... ( read original story ...)
Louis Vuitton picks Shanghai for first furniture and homewares store
Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings ... ( read original story ...)
Exclusive: China central bank to offer cheap loans to support developers’ bonds-sources
China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet ... ( read original story ...)
Asia Stocks Fall, Led by China; Treasuries Rally: Markets Wrap
A gauge of Asian equities fell amid a subdued tone in markets on Friday after Thanksgiving in the US. Treasuries rose as trading resumed after the holiday. Most Read from BloombergBinance’s Zhao Flags ... ( read original story ...)
China stocks rise on property boost; Hong Kong slips as COVID weighs
China stocks rose on Friday, boosted by property developers after the country's latest measures to support the beleaguered sector, while Hong Kong shares were dragged down by tech firms as China ... ( read original story ...)