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Financial Times (September 1)

2023/ 09/ 03 by jd in Global News

“The US labour market cooled in August, raising hopes that the Federal Reserve is successfully orchestrating a soft landing for the world’s largest economy. Investors hailed a possible Goldilocks scenario in which inflation comes under control without causing a recession, as Friday’s figures revealed an uptick in the unemployment rate, subdued jobs growth and wage rises back at pre-Covid rates.”

 

Nikkei Asia (October 31)

2022/ 11/ 02 by jd in Global News

“A record sell-off of China stocks has revealed investors’ fears over the country’s largest companies after Xi Jinping secured his third term,” cementing his grip on leadership. Any hopes “that China’s down-beaten tech sector would revive” or that more open borders might “boost the economy were apparently dashed” when the CCP’s national congress affirmed a Politburo Standing Committee most “notable for a lack of reform-minded top leaders.”

 

Wall Street Journal (August 2)

2022/ 08/ 03 by jd in Global News

“Bearish investors aren’t buying into hopes that July’s rapid advance for stocks heralds the start of a new bull market. If anything, they say the worst might be yet to come as inflation remains high, the Federal Reserve plans more interest-rate increases and stocks trade at valuations that still don’t look cheap.”

 

The Economist (April 9)

2022/ 04/ 11 by jd in Global News

“Toshiba was once synonymous with Japan’s industrial might.” Over the past decade, it “has become a byword for drama,” which has included accounting fraud and an ongoing “series of ‘slapstick’ struggles between management and shareholders.” A possible buy-out led by Bain Capital has “raised hopes among investors for some sort of resolution to the saga.” This could potentially prove a watershed moment and “be a big deal for Japan.”

 

New York Times (July 12)

2021/ 07/ 12 by jd in Global News

“Mr. Branson’s flight reinforces the hopes of space enthusiasts that routine travel to the final frontier may soon be available to private citizens, not just the professional astronauts of NASA and other space agencies.” Other billionaire entrepreneurs are on his heels, all “risking injury or death to fulfill their childhood aspirations — and advance the goal of making human spaceflight unexceptional.”

 

Bloomberg (July 21)

2015/ 07/ 22 by jd in Global News

“Japan’s corporate-governance code, introduced only a month ago, raised hopes that the country’s ossified corporate culture might finally crack open. The $1.2 billion accounting scandal at Toshiba…underscores how much further the country has to go.”

 

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