BYD’s HK Shares Hit Record Premium Over Onshore Stock
  • May 23, 2025

BYD’s HK Shares Hit Record Premium Over Onshore Stock

(Bloomberg) -- BYD Co.’s shares rose to a record high in Hong Kong, expanding their premium over those trading on the mainland to the highest level ever.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtUAE’s AI University Aims to Become Stanford of the GulfThe shares gained as much a

Warren Buffett's $348 Billion Warning to Wall Street, and Why the Stock Market May Crash
  • May 22, 2025

Warren Buffett's $348 Billion Warning to Wall Street, and Why the Stock Market May Crash

Berkshire Hathaway reported a record $348 billion cash position in the first quarter, which suggests Warren Buffett thought most stocks were too expensive. The S&P 500 currently has a cyclically adjusted price-to-earnings (CAPE) ratio above 34, a valuation that has historically preceded stock market crashes. The S&P 500 has suffered several crashes during the last three decades, but the index still returned a total of 10.4% annually during that period.

Gold Heads for Weekly Surge as US Fiscal Concerns Cause Tremors
  • May 22, 2025

Gold Heads for Weekly Surge as US Fiscal Concerns Cause Tremors

(Bloomberg) -- Gold headed for the biggest weekly gain in more than a month, as investor concern about the US fiscal deficit boosted the metal’s appeal. Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNYC’s War on Trash Gets a Glam SquadNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeBullion rose toward $

Oil Set for Weekly Slump as OPEC+ Weighs Another Big Supply Hike
  • May 22, 2025

Oil Set for Weekly Slump as OPEC+ Weighs Another Big Supply Hike

(Bloomberg) -- Oil headed for its first weekly decline in three, as OPEC+ weighed another bumper production increase that could add supplies into a market already expected to face a glut.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNYC’s War on Trash Gets a Glam SquadNJ Transit Makes Deal With Engineers, Ending Thr

Analysis-Tariff-fogged markets leave investors flying blind
  • May 22, 2025

Analysis-Tariff-fogged markets leave investors flying blind

LONDON (Reuters) -Global investors admit to flying blind in markets roiled by erratic U.S. trade rhetoric and chaotic economic forecasting, stressing that placing long-term bets was harder now than at any time since the 2020 COVID-19 crisis. Markets have been on a rollercoaster ride for weeks, with world stocks rallying 20% from more than one-year lows hit after U.S. President Donald Trump's April 2 tariff bombshell, after slumping 15% in three sessions. The turbulence continued on Thursday with a sudden selloff in global government debt, the latest event to spook long-term investors out of markets that they fear have lost the anchoring force of consensus forecasts.