IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures
BEIJING — The International Monetary Fund on Wednesday raised its forecast for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and recent policy measures. The upgrade followed an IMF visit to China for a regular assessment. The organization now expects China’s economy to grow by 4.5% in 2025, up from […]
Evercore: Stocks to remain expensive as S&P 500 forecast to end at 6,000
US stocks are expensive and will remain so, Evercore ISI analysts said Sunday, as they expect the S&P 500 to end the year as high as 6,000. However, as the history of previous “expensive markets” suggests, some of the sharpest gains can occur once equities become expensive, the investment firm added. “What makes each of the prior […]
As US moves towards faster stock settlement, where are other countries?
The U.S. Securities and Exchange Commission adopted a rule in February 2023 to shorten the settlement cycle for securities transactions from two business days after the trade to one, beginning on Tuesday. Dubbed T+1, the move, which spans equities and corporate bonds, is expected by regulators and market participants to bring several benefits such as a […]