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September 29, 2020

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UBS says you should buy gold now

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by CNBC05
CNBC – For more and to sign up click here Gold bars being cast at a plant by Gulidov Krasnoyarsk Non-Ferrous Metals Plant in Russia. Kirill Kukhmar | TASS | Getty Images SINGAPORE — Investors should be putting their money in gold now, as it represents a “very good hedge”......
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5 charts show how much the U.S. and Chinese economies depend on each other

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by CNBC015
CNBC – For more and to sign up click here President Donald Trump (L) shakes hand with Chinese President Xi Jinping at the end of a press conference at the Great Hall of the People in Beijing on November 9, 2017. Fred Dufour | AFP | Getty Images SINGAPORE — As......
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U.S.-China tech tensions won’t go away even if Biden wins election, analyst says

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by CNBC021
CNBC – For more and to sign up click here Sheldon Cooper | LightRocket | Getty Images Tensions around technology will remain between the U.S. and China, even if Democratic presidential nominee Joe Biden wins the U.S. election in November, according to an analyst. Ties between the two economic giants......
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China is set to join FTSE Russell’s flagship global bond index next year

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by CNBC027
CNBC – For more and to sign up click here A Chinese national flag seen in front of Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | SOPA Images | LightRocket via Getty Images SINGAPORE — Major index provider FTSE Russell said Thursday it will add Chinese government......
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China’s growing economic and military strength can be a ‘dilemma’ for U.S. investors

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by CNBC028
CNBC – For more and to sign up click here A PLA Navy fleet including the aircraft carrier Liaoning, submarines, vessels and fighter jets take part in a review in the South China Sea on April 12, 2018. VCG/VCG | Getty Images As China grows in its economic and military......
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From curfews to calling in the army, here’s what Europe is doing to tackle its coronavirus surge

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by CNBC022
CNBC – For more and to sign up click here A man with her protective face mask walks in Vellaces neighborhood after new restrictions came into force as Spain sees record daily coronavirus (Covid-19) cases, in Madrid, Spain on September 21, 2020. (Photo by Burak Anadolu Agency | Anadolu Agency......
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UK could see ‘mini’ national lockdown as coronavirus infections rise

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by CNBC040
CNBC – For more and to sign up click here A waitress wearing a protective face covering brings drinks to customers in the late summer sunshine at outside tables in Soho, central London on September 20, 2020. DANIEL LEAL-OLIVAS | AFP | Getty Images LONDON — The U.K. could be......
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Billionaires urged to combat world hunger by UN food chief: ‘Do the right thing’

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by CNBC046
CNBC – For more and to sign up click here The head of the World Food Programme (WFP) David Beasley attends a press conference about an updated aid appeal for South Sudan on May 15, 2017 at the United Nations Office in Geneva. FABRICE COFFRINI/AFP via Getty Images The UN’s......
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The next wave of the global recovery could send commodity prices soaring

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by CNBC017
CNBC – For more and to sign up click here World economy: Infrastructure-led recovery could send commodity prices soaring SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Italians head to the polls in crucial test for the coalition government following the pandemic

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by CNBC022
CNBC – For more and to sign up click here Supporters of the Lega party with placards reading “Try me too” in solidarity with Matteo Salvini for the Open Arms trial, during an election rally in support of Stefano Caldoro, candidate for governor of the Campania Region on September 11,......
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The coronavirus pandemic will intensify competition for white-collar jobs, says Singapore minister

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by CNBC026
CNBC – For more and to sign up click here Office workers wearing face masks during lunch time in the central business district in Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — Competition for white-collar jobs will become more intense after the coronavirus pandemic showed that a lot......
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Europe on high alert as coronavirus cases rise and targeted lockdowns return

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by CNBC042
CNBC – For more and to sign up click here Tourists wearing a surgical face mask walk by the Trevi fountain in downtown Rome on August 19, 2020. VINCENZO PINTO | AFP | Getty Images LONDON — There are growing concerns in Europe at what is being seen as an alarming......
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The U.S. is still a dominant power — but it’s not clear if it remains the global leader

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by CNBC012
CNBC – For more and to sign up click here A U.S. flag flutters in the wind. Gary Hershorn | Corbis News | Getty Images SINGAPORE — The U.S. is still globally dominant in many areas including finance and technology — but it’s not clear if the world’s largest economy remains......
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The oil sector could face even more distress during coronavirus crisis as it struggles to draw investments

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by CNBC021
CNBC – For more and to sign up click here SINGAPORE — Oil prices have plunged during the pandemic and the sector’s crisis could get worse as new investments are unlikely to flow in, experts said at an energy conference this week. Pandemic-related movement restrictions stopped people from commuting and......
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China remains ‘hugely important’ to the global economy, says Standard Life Aberdeen chairman

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by CNBC035
CNBC – For more and to sign up click here A man walks past a closed and boarded up restaurant in the City of London on August 21, 2020. Tolga Akmen | AFP | Getty Images SINGAPORE — The importance of China’s role in the world economy has not diminished despite......
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Debt default risks are on the rise — but there may be investing opportunities

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by CNBC033
CNBC – For more and to sign up click here SINGAPORE — Debt default risks have grown since the pandemic — but there are still opportunities for investors, said William Bohnsack, president of investment firm Oak Hill Advisors. Some of the sectors that have a higher risk of default include retail, restaurants,......
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OECD projects global GDP will collapse by 4.5% this year

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by CNBC045
CNBC – For more and to sign up click here Posters in the window a a closing-down shop advertise a “Stock Liquidation” in Manchester, northern England on August 12, 2020. Paul Ellis | AFP | Getty Images The global economy has performed better-than-expected but it is still on track for......
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Standard Chartered CEO says Hong Kong is ‘very, very safe’ as a banking center

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by CNBC036
CNBC – For more and to sign up click here Bill Winters, chief executive officer of Standard Chartered, at the Asian Financial Forum 2020 in Hong Kong. Kyle Lam | Bloomberg | Getty Images SINGAPORE — Hong Kong’s position as global financial center remains “very, very safe” even as the......
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