Monetary policy to dictate global equities’ volatility and direction
Monetary policies will remain the key determinant of both equity markets direction and style leadership between growth and value.
News
Why businesses need to get behind Australia and the Pacific’s bid to host COP31
If COP31 is our Olympic moment on climate action, then Australian businesses should be going for gold.
TikTok’s parent ByteDance pushes into payments with help from J.P. Morgan
J.P. Morgan is quietly building financial tools for ByteDance products like TikTok.
Competition and digitization in focus for banks and capital markets
Newer entrants will create a complex competitive environment for the banks and capital markets.
Chinese stocks gain US$70 billion as Ant Group’s new US$1.5 billion plan fuels investor optimism
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
Fed expects no interest rate cuts in 2023
The Fed is expected to raise rates again on February 1.
Meta fined over US$400 million by EU for alleged personal data collection violation
Meta, the parent company of Facebook and Instagram, plans to appeal the decision.
Coinbase to pay US$100m after ‘significant failures’ raised criminal activity risk
Coinbase chief legal officer Paul Grewal said the firm has taken “substantial measures to address these historical shortcomings.
Cathie Wood buys US$19 million in Tesla stock as new ‘major worry’ emerges
The long-time Tesla bull Wood is doubling down.
Some things need to change in financial services
A competitive market will bring focus on new and innovative ways of connecting with existing and new customers with new products and services.