China fires official after video game crackdown spooked markets

[ad_1] Angle down icon An icon in the shape of an angle pointing down. Chinese officials announced new draft rules that would discourage people from playing video games on December…

A spooked and lonely Taiwan looks for new friends

[ad_1] China’s incessant military drills drive Taiwan to look for support. [ad_2] Source link

Markets spooked by ghost of the higher-for-longer rates

[ad_1] SINGAPORE – Wall Street confounded observers by rallying last Friday following unexpectedly strong United States jobs data. But it may be premature to break out the bubbly. Despite last…

Australia, Spooked by Inflation, Resumes Raising Interest Rates

[ad_1] The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on its economy. [ad_2] Source link

Investors Are Too Spooked by Washington’s PBM Crackdown

[ad_1] Efforts to take on Cigna’s and CVS’s pharmacy benefit managers won’t hurt as much as Wall Street expects. [ad_2] Source link

Eli Lilly investors spooked by weak Mounjaro sales, but it’s the obesity drug approval that will unlock its value

[ad_1] The demand is there, but so are the hurdles. Eli Lilly investors got a reality check on Thursday, as the stock tumbled more than 6%. Hopes have been running…

Tech layoffs are accelerating, but industry newcomers aren’t spooked

[ad_1] Tech employers are rapidly slashing jobs ahead of a potential recession, but even the industry’s newest workers remain largely unbothered. The recent wave of tech layoffs has begun to…