Ensuring fairness, especially in a market dominated by smaller investors, is the regulator’s core task, said Wu Qing, chairman of the China Securities Regulatory Commission.
Kategorie-Archiv: CNBC Financial News
China’s central bank governor says there’s room to cut banks‘ reserve requirements
The heads of China’s central bank and economic planning agency signaled that authorities would be willing to take further steps to support growth.
Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Markets are intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.
Abercrombie & Fitch beats holiday estimates as sales soar again, helped by higher prices
Abercrombie & Fitch has been on a rollercoaster of growth over the last year and Wall Street will be keen to see if it can sustain the momentum.
Foot Locker shares drop more than 10% after heavy promotions lead to holiday-quarter losses
Foot Locker reported earnings as CEO Mary Dillon leads the legacy retailer through an ambitious turnaround. But some analysts say it has gone too slowly.
CrowdStrike shares surge on earnings beat, strong full-year guidance
CrowdStrike shares surged after the company reported a strong beat and issued better-than-expected guidance for the upcoming quarter and full year.
Nordstrom shares fall 10% as retailer warns of potential sales declines in 2024
The department store retailer said revenue for the year ahead will range from a 2% decline to a 1% gain compared with the previous year.
Shares of Wilson tennis racket maker Amer Sports drop after first earnings report
Wilson tennis racket maker Amer Sports released its first earnings report since its IPO, saying its losses narrowed.
This analyst predicted the Nikkei would cross 40,000. Here’s where he thinks it’ll go next
Japan’s Nikkei 225 smashed through the 40,000 level on Monday, soaring past another milestone to a new record high.
New CFPB rule caps banks‘ credit card late fees at $8
By cutting late fees to $8 from an average of around $32, more than 45 million card users would save an average of $220 annually, the CFPB said in a release.