China Traders Hunt for Long-Term Reopening Winners After Frenzy

2 months ago Yahoo Finance

(Bloomberg) -- As China’s reopening starts to take shape, investor focus is increasingly seen shifting from frenzied stock bets to longer-term plays such as consumer and health-care shares. ‘First Shot’“The reopening trade will be led by consumption and health care in the coming months,” said Li Changmin, fund manager at Snowball Wealth. The initial leg of the reopening trade has seen more volatile stocks lead the charge. Sportswear, CarsMore broadly, the Hang Sang China Enterprises Index soared 29% in Hong Kong in November, the most since 2003. Paul Pong, managing director at Pegasus Fund Managers Ltd. favors consumer stocks such as sportswear and car makers which are expected to beat their peers when spending picks up.
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Stock market news live updates: Stocks waver as earnings roll in, yields charge ahead

The pound strengthened and U.K. bonds nudged higher following news Truss will step down by the end of next week. Claims fell to 214,000 from a revised 226,000 last week, a sign the labor market remains tight despite efforts to tamp down the economy to cool inflation. The stock bounced 1.5% at the start of trading Thursday, further boosting what's been a strong week for airline stocks as financials show the industry has bounced back from the pandemic. But some expressed struggles with pushback from consumers over increased prices and inflation that continued to drive up wages. Corporate earnings have so far reflected resilience, but Wall Street strategists have largely cautioned that earnings-per-share forecasts will continue to come down.

3 months ago Yahoo Finance

12 Best Income Stocks To Invest In

If you want to see more stocks in this selection, check out 5 Best Income Stocks To Invest In. 12 Best Income Stocks To Invest InPhoto by lucas Favre on UnsplashBest Income Stocks To Invest In12. Enbridge Inc. (NYSE:ENB) is one of the premier income stocks to invest in, with a dividend yield of 7.25% as of October 19. Newmont Corporation (NYSE:NEM) is one of the best income stocks to consider, given its dividend yield of 5.4% as of October 19. 12 Best Income Stocks To Invest In is originally published on Insider Monkey.

3 months ago Yahoo Finance

Auriant Mining AB (publ.) publishes 9m 2022 operational update

The mining contractor was not able to get its equipment in time as breaking logistic caused by the current situation. This together with delayed start of the gold sands mining because of the late ground defrosting caused the decrease in production. Stripping volume amounted to 1,654,700 m3 (+355,400 m3, or 27% more than in 9m 2021);The average grade in 9m 2022 was 2.02 g/t, compared to 2.16 g/t in 9m 2021, a decrease of 6%;Overall, except alluvial mining, 9m 2022 production was in line with the Company’s production plan. This information is information that Auriant Mining AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 09.00 CET on October 21st, 2022.

3 months ago Yahoo Finance

Ukraine Latest: Kyiv Requests Israeli Help to Repel Iran Drones

(Bloomberg) -- Ukrainian Foreign Minister Dmytro Kuleba said he had detailed discussions with Israeli Prime Minister Yair Lapid about Kyiv’s request for defense systems to help thwart Russian missiles and Iranian-made drones. Ukrainian President Volodymyr Zelenskiy said he hosted Switzerland’s president in Kyiv Thursday and expressed gratitude for the country’s freezing of $6.5 billion in Russian assets. “This is where Switzerland does not have to be morally neutral.”(See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.) “The role they play in the Ukrainian war is more and more clear,” De Croo told reporters ahead of the second day of the EU summit in Brussels. Mordashov, the biggest shareholder in steelmaker Severstal PJSC, was sanctioned by the European Union, the UK and US following Russia’s invasion of Ukraine.

3 months ago Yahoo Finance

Global Soups Market to Reach $22 Billion by 2027

The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 5.2% CAGRThe Soups market in the U.S. is estimated at US$4.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. These regional markets accounting for a combined market size of US$1.8 Billion in the year 2020 will reach a projected size of US$2.1 Billion by the close of the analysis period. MARKET OVERVIEWInfluencer Market InsightsWorld Market TrajectoriesSoups - Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence - Strong/Active/Niche/Trivial forPlayers Worldwide in 2022 (E)Impact of Covid-19 and a Looming Global Recession2. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

3 months ago Yahoo Finance

How Rich Is Ryan Reynolds as He Turns 46?

He really won fans over as funny anti-hero Wade Wilson in “Deadpool” (2016) and “Deadpool 2” (2018). Ryan Reynolds’ Net Worth: $150 MillionReynolds’ box office mojo and keen business sense have led him to double his assets from $75 million to his current net worth of an estimated $150 million in just five years. Ryan Reynolds’ wife Blake Lively’s net worth is $30 million, bringing the low-key couple’s combined fortune to more than $180 million. Ryan Reynolds’ CareerNow an A-lister who reportedly earned at least $10 million for “Deadpool,” according to The Hollywood Reporter, Reynolds got his start in television. This article originally appeared on GOBankingRates.com: How Rich Is Ryan Reynolds as He Turns 46?

3 months ago Yahoo Finance

The Worldwide Smart Energy Management Industry is Expected to Reach $47.6 Billion by 2029

The global smart energy management market is expected to reach $47.64 billion by 2029, growing at a CAGR of 15.0% during the forecast period of 2022-2029. Based on function, the market is segmented into grid operation, renewable energy management, distributed energy management, energy storage, and grid security/cybersecurity. Story continuesThey are increasingly adopting energy management technologies and considering onsite resources, such as renewable energy and energy storage. In addition, increasing government investment in smart energy infrastructures is expected to create growth opportunities for the smart energy management system. Who are the major players in the global smart energy management market, and what shares of the market do they hold?

3 months ago Yahoo Finance

Canada and the Government of Newfoundland and Labrador invest in heat pumps with Sea-Force Hyperbaric Inc.

The provincial government is also contributing up to $37,000, with Sea-Force Hyperbaric Inc. contributing approximately $74,000 toward the project. This project will reduce emissions by replacing three oil furnaces with air-to-water heat pumps at the Sea-Force Hyperbaric Inc. Working with organizations like Sea-Force Hyperbaric to replace oil furnaces with air-to-water heat pumps lowers carbon, reduces costs, and makes them more competitive." Our government is pleased to support Sea-Force Hyperbaric with their fuel-switching project as they work to improve the facility's energy efficiency and energy consumption." Associated linksEnvironment and Climate Change Canada's Twitter pageEnvironment and Climate Change Canada's Facebook pageSOURCE Environment and Climate Change CanadaCisionView original content: http://www.newswire.ca/en/releases/archive/October2022/21/c9819.html

3 months ago Yahoo Finance

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