Morning News: September 2, 2024

China-Philippines Row Opens New Flashpoint in South China Sea

China Warns Japan of Retaliation for Possible New Chip Curbs

China’s Bulging Commodity Stockpiles Show Depth of Economic Woes

Asia Manufacturing PMIs Show Some Weak Spots But Keep Signaling Growth

Leveraged Finance More Than Doubles in Europe Despite ECB Probe

Swiss Franc Carry Trade Comes Fraught with Safe-Haven Rally Risk

Markets’ Summer Vacation Is Over

Treacherous September Is Leaving Traders Everywhere on Edge

Emerging Stocks Drop as Traders Watch China’s Economy, US Data

Hedge Funds Bet Against Banks, Insurance and Property, Says Goldman Sachs

Silicon Valley Bank Exits China Joint Venture, Local Partner Takes Full Control

Blackstone Is Said to Near $13 Billion Deal to Acquire AirTrunk

Nvidia CEO Jensen Huang Surprised by Skeptics

China EV Sales Rise on Government Subsidies, Inventory Buildup

Car Carriers With Greener Ships Face Higher Costs

About 10,000 Hotel Workers Walk Off the Job on Labor Day Weekend

Has the Spread of Tipping Reached Its Limit? Don’t Count on It.

A Funnel Cake Macchiato, Anyone? The Coffee Wars Are Heating Up.

Bayer Kidney Drug Helps Treat Common Form of Heart Failure

News Corp’s REA Mulls Offer for Rightmove

Musk’s Starlink Defies Order to Block X in Brazil

Mark Cuban Says Elon Musk’s ‘Biggest Power Play’ on X Is Letting Users Think They Have Free Speech

ESPN and ABC Go Dark on DirecTV in Feud With Disney

Netflix Is Trying to Get You Hooked on More Reality TV With Better Dubbing

$13 for a Video Call. $25 for a Movie. Tablets Connect Prisoners—at a Steep Price.

America’s Cup: The Billionaire’s Trophy Where $135 Million Disappears in Days

Be sure to follow me on Twitter.

Posted by on September 2nd, 2024 at 7:09 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.