Saturday , 20 December 2025

Recent Posts

Chinese stocks in the US surge after promise of state support

Bloomberg Chinese stocks listed on US exchanges soared, rebounding from a steep selloff, after China vowed to keep its stock market stable and support overseas share listings. Alibaba Group Holding Ltd. and Baidu Inc. both soared at least 20% in US premarket trading, while Didi Global Inc. jumped more than 40%. The American depository receipts (ADRs) are tracking a rally …

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Goldman to JPMorgan slash European stock targets as risks mount

  Bloomberg Strategists are cutting their targets for European equity markets this year, with the region’s benchmark now seen ending 2022 flat as risks from the war in Ukraine, soaring commodity prices and central bank tightening pile up. The Stoxx Europe 600 Index will be little changed for the year by the end of December, at 488 index points, according …

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European banks take steps to insulate IT systems in Russia

  Bloomberg European banks operating in Russia are preparing to separate those business from their main computer systems to reduce their vulnerability to cyber-attacks following the invasion of Ukraine. Commerzbank AG is preparing to cut off its Russian unit from its system as one potential scenario and already has the ability to rapidly sever the connection through what’s internally known …

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