-
China Market Woes Far From Over, Analyst Says: Talk Is Cheap, But Urgent Action Needed
Wednesday, February 7, 2024 - 4:04pm | 706While China’s ailing stock markets have regained some ground in the past couple of sessions, thanks to pledges and rhetoric that market losses will be addressed, there are more fundamental risks at play that equities could continue their downward spiral throughout 2024. Primary among these is...
-
Starbucks COO Says Company's Business In China Will Be Bigger Than The US
Friday, November 4, 2016 - 12:41pm | 263Shares of Starbucks Corporation (NASDAQ: SBUX) hit a 52-week low of $50.84 on Friday, but quickly rebounded higher by more than 3 percent after investors fully digested the company's earnings report and tuned in to what some Wall Street analysts have to say. Starbucks' Chief Operating...
-
China Rating Outlook Cut At S&P On Risk Of Slower Rebalancing
Thursday, March 31, 2016 - 8:31am | 243Standard & Poor's slashed China's credit rating outlook on Thursday to negative from stable as the country's economic rebalancing is expected to proceed at a slower than previously expected pace. Bloomberg, citing Standard & Poor's report, noted China's AA-long term...