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Featured AlphaTack Intel Article
EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles
The new tariffs will be in effect for a period of five years China has threatened tariffs on Europe’s car and dairy sectors The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with...
– AlphaTack Intel Articles –
Hong Kong Brokers Swamped by ‘Once In a Century’ Stock Frenzy
Hang Seng Index has its best day in almost two years Market participants cancel holidays as frenzy picks up pace Stock brokers in Hong Kong are having one of the busiest periods in their career, with a 31-year veteran describing the city’s sudden rally as a “once in a...
Stellantis’ US Sales Plunge Again in Sign of Deepening Woe
Third-quarter total was lowest since company’s 2021 merger CEO Tavares is struggling with weak demand, dealer unrest Stellantis NV’s US sales plunged 20% last quarter — the fifth consecutive decline — as the beleaguered automaker struggled to tame bloated inventories...
Asset Managers Broaden Access to Private Markets
BlackRock and State Street Global Advisors have announced initiatives to widen investor access to private markets, as an additional $1 trillion in retail assets could be invested in alternatives over the next five years. Henry McVey, chief investment officer of KKR’s...
Apollo Projects $10 Billion of Annual Earnings in Five Years
Firm expects to oversee $1.5 trillion of assets by 2029 Alternative asset manager reveals figures on investor day Apollo Global Management Inc. expects to generate $10 billion of annual earnings across its asset management and retirement businesses by 2029, driven by...
Chile’s Economic Activity Disappoints, Supporting Rate Cuts
Activity contracts 0.2% on month, rises 2.3% on year in August Central bank cutting key rate to steady uneven activity Chile’s economic activity unexpectedly contracted in August on a decline in services, corroborating the central bank’s message that more interest...
China’s Weak Factory Activity Shows Urgency of Stimulus Push
PMIs suggest manufacturing activity contracted before stimulus Data offer last snapshot of economy before Golden Week holiday China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus...