China’s retail sales and industrial production beat expectations in August – CNBC | Wordy Zone

August was marked by extremely hot temperatures in parts of China, leading to temporary power rationing in some regions. Seen here on August 24, 2022, Chongqing’s downtown skyline with some lights turned off to conserve energy during the heatwave. vcg | Visual China Group | Getty Images BEIJING — China on Friday reported data showing … Read more

European markets wipe out gains after US inflation data comes out hotter than expected – CNBC | Wordy Zone

US stock futures fall sharply after hot inflation report Stocks on the move: Futures up 8%, Ocado down 10% Shares in Future Plc rose 8.7% on early afternoon trades, topping the Stoxx 600 after the British media company forecast full-year adjusted operating profit would be at the higher end of market expectations. At the bottom … Read more

Chinese stocks could plummet 20% if housing woes get worse, says Morgan Stanley – CNBC | Wordy Zone

This summer, homebuyers’ mounting concerns about home completions brought problems in China’s massive real estate sector — and concerns about spillover to the rest of the economy — back to the fore. Future Publishing | Future Publishing | Getty Images BEIJING — China’s struggling real estate sector could take a major toll on the economy … Read more

China will convene a historic meeting on October 16. Here’s what to expect – CNBC | Wordy Zone

Chinese President Xi Jinping is widely expected to further consolidate his power at a biannual congress this fall. He is pictured here at an inauguration ceremony for Hong Kong Chief Executive John Lee on July 1, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — China’s leaders are due to convene in Beijing Oct. 16 … Read more

This real estate stock is up 7% so far this year, outperforming Nifty; Analysts see upside up to 16% more – The Financial Express | Wordy Zone

The domestic stock market continued to swing between gains and losses on Wednesday as the benchmark Nifty 50 tested 17,550 levels while the S&P BSE Sensex was flat at 59,015 levels. Meanwhile, broader markets outperformed the frontline indices as the Nifty Smallcap 100 and Nifty Midcap 100 gained up to 0.7%. At the sector level, … Read more

Chinese real estate developers’ cash flows plummet by more than 20% – CNBC | Wordy Zone

Analysts generally expect state-owned companies to do better than non-state developers in the recent housing crisis. Pictured here in Guangxi, China, August 15, 2022 is a real estate complex developed by state-owned conglomerate Poly Group. Future Publishing | Future Publishing | Getty Images BEIJING – Chinese property developers’ cash flows – a sign of the … Read more

Dow opens higher as Walmart and Home Depot beat forecasts – Barron’s | Wordy Zone

text size US housing starts fell more-than-expected in July, to their lowest level since early 2021. (Spencer Platt/Getty Images) Shares were mixed in Tuesday’s midday trading after gains Walmart and home depot topped Wall Street forecasts, but a fall in housing starts provided further evidence of a slowing economy. That Dow Jones industry average gained … Read more

Here’s what investors should do when the housing market faces tough times – MarketWatch | Wordy Zone

With interest rates rising, increasing attention is being turned to the housing market, which has been hit by a slowdown since its post-pandemic surge. New signs of trouble come from Compass COMP, -0.43%, whose shares are falling in the premarket after the real estate agent and technology provider slashed its annual sales forecast and revealed … Read more

More bad news for the Australian fitness empire – news.com.au | Wordy Zone

A struggling Australian fitness franchise that has been ravaged in the stock markets now faces not one but five possible lawsuits. F45 Training Holdings Inc, known for its high-intensity interval training (HIIT) classes, was an Australian success story after going public in July last year and raising $500 million on day one. But two weeks … Read more

China’s consumer and factory data misses expectations in July – CNBC | Wordy Zone

Employees working on an air conditioner production line at a Midea factory in Guangzhou, China. Jade Gao | AFP | Getty Images BEIJING — China reported data for July that were well below expectations as the housing slump and Covid controls dragged growth. Retail sales rose 2.7% in July from a year earlier, the National … Read more