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Markets asian news

Sam Meredith - Annette Weisbach - Fed's jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says - cnbc.com

Fed's jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says

The Federal Reserve's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to Goldman Sachs' chief financial officer.

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Lee Ying Shan - Pan Gongsheng - China bonds rally with yields hitting record lows after PBOC signals more easing to boost growth - cnbc.com - China

China bonds rally with yields hitting record lows after PBOC signals more easing to boost growth

China bonds rallied with yields hitting record lows after the People's Bank of China on Tuesday announced that it would cut the reserve requirement ratio for banks, and also reduce the reverse repo rate.

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Red Sea - Jamie Dimon - Dylan Butts - JPMorgan CEO Jamie Dimon warns 'geopolitics is getting worse' - cnbc.com - Russia - India - Ukraine - Yemen

JPMorgan CEO Jamie Dimon warns 'geopolitics is getting worse'

A year after Jamie Dimon named geopolitics as the world's biggest risk, JPMorgan Chase's CEO sounded the alarm again, warning that the state of global stability has gotten worse.

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Lee Ying Shan - Gina Raimondo - Pan Gongsheng - China's auto stocks rise unfazed by U.S. proposal to ban Chinese car parts - cnbc.com - China - Russia - Hong Kong - city Beijing - city Hong Kong

China's auto stocks rise unfazed by U.S. proposal to ban Chinese car parts

Shares of Chinese automakers climbed Tuesday, shrugging off a U.S. government proposal to ban certain types of vehicles equipped with car parts from China and Russia, amid a broad rally after Beijing announced policy easing.  

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'They knew and they lied': California sues ExxonMobil, alleging deception about plastics recycling - cnbc.com - state California

'They knew and they lied': California sues ExxonMobil, alleging deception about plastics recycling

California's attorney general sued ExxonMobil on Monday, alleging that the company had waged a "campaign of deception" for decades to mislead consumers and convince them that recycling was a viable solution for plastic waste. The lawsuit, filed in Superior Court of California in San Francisco, says ExxonMobil promoted recycling as a "cure-all for plastic waste," even though the company knew that plastic would be difficult to eradicate and that certain methods of recycling could not process much of the waste produced.  

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Louis Vuitton - Juliana Liu - Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall - edition.cnn.com - China - Hong Kong - Britain - city Shanghai - city Guangzhou

Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.

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Rachel Reeves - Jeremy Hunt - Op-ed: The UK's budget problems date back to the 2008 financial crisis - cnbc.com - Britain

Op-ed: The UK's budget problems date back to the 2008 financial crisis

Over the past few weeks, economic news from the U.K. has heavily focused on the state of British national finances and how they might impact both the British public and the prospects for economic growth.

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Pan Gongsheng - Anniek Bao - Property stocks in Hong Kong rally on mortgage stimulus - cnbc.com - China - Hong Kong - city Beijing - city Hong Kong

Property stocks in Hong Kong rally on mortgage stimulus

Chinese property stocks rallied on Tuesday after top financial regulators vowed a range of monetary easing measures to provide some relief for millions of families and boost a recovery in the real estate market.

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