Earnings from Chinese e-commerce giants JD.com and Alibaba have also indicated that consumers remain conservative about spending.
Goldman Sachs strategists see an economic shift from “reopening to recovery” driving Chinese stocks 24% higher by the end of this year.
Preliminary economic data indicate overall growth isn’t yet roaring back since mainland China ended its Covid controls in early December.
Southwest said it canceled about 16,700 flights between Dec. 21 through Dec. 31, failing to recover from severe winter weather.
Investors cautious heading into next year in regards to Chinese tech stocks with analysts expecting regulation to be more predictable and growth to accelerate.
The holidays can be tough for many, including those recovering from eating disorders. Here are eight tips for navigating this time of year from a psychologist.
The euro zone is expected to face a recession in the coming months and economists are warning “it will not be shallow”.