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Новости за 08.10.2024

China's stock rally fails to convince global funds

Economictimes.indiatimes.com 

Invesco Ltd., JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings Inc. are among those viewing the recent rebound with skepticism and waiting for Beijing to back up its stimulus pledges with real money. Some are also concerned many stocks are already reaching overvalued levels.

Finance Ministry seeking cabinet nod to sell shares

BangkokPost.com 

The Finance Ministry is preparing to propose to the cabinet in December the sale of both listed and unlisted shares held by the ministry. This will involve over 100 enterprises in which the ministry holds a stake of less than 50%.

Rise in US jobs may lead to reversal of trades hinging on Fed lowering rates

Economictimes.indiatimes.com 

The Fed delivered a jumbo-sized 50 basis-point cut last month, temporarily vindicating that view. But the trajectory of rates is less certain after Friday's labour market report, which showed the US economy creating over 100,000 more jobs than expected last month. That suggests there is less need for more large cuts this year and raises the prospects of a reversal in many of the trades that hinged on lower rates.

‘The Brutalist’ Filmmaker Brady Corbet Says Making 70mm 3 1/2-Hour Epic For Under $10 Million Meant “Educating People On The Ground”

Deadline.com 

When it comes to stretching a production dollar, Warner Bros., which just went through the exercise of spending $190 million+ on Joker: Folie à Deux, might want to have a conversation with filmmaker Brady Corbet, who shot his 3 1/2 hour Venice Film Festival-winning epic The Brutalist for between $6 million-$8 million. The original post-World […]