Page 18 - Bloomberg

Bear market to continue into 2023, say Goldman Sachs strategists

Goldman's strategists said the gains aren't sustainable, because stocks don't typically recover from troughs until the rate of deterioration in economic and earnings growth slows down

Diaspora set to rush home as China dismantles Covid Zero, opens borders

The reopening of China's borders marks the end of Covid Zero, a strategy that left it isolated for three years and weighed heavily on its economy

Laid-off Twitter workers await severance pay, Musk in for legal trouble

Twitter faces multiple suits over unpaid bills, including for private chartered plane flights, software services and rent at one of its San Francisco offices

China's economy ends year in major slump as Covid infections surge

Official data over the weekend showed the decline in manufacturing worsened last month, while activity in the services sector plunged the most since February 2020

Xi breaks silence on divisions in China, warns of Covid-19 challenges

In a New Year's address on Saturday, Xi said the country is in a new phase of Covid control and has adapted after following a science-based and targeted approach

Correlation between India and US markets hits 17-month high, shows data

India's blue-chip gauge gained nearly 5 per cent this month, compared to 4.6 per cent for the S&P 500 and 0.33 per cent for the MSCI Asia Pacific measure