Commercial Property: Investors Turn Wary

🌍 🌏 Nikkei: From Singapore to South Korea, investors are shying away from property deals involving office buildings, malls and other commercial assets, fearing that interest rate increases and geopolitical turmoil could threaten global growth
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Japan Projects Higher Rates

🇯🇵 🇯🇵 Japan projects higher interest rates for upcoming budget for the first time in 17 years. Ministry of Finance just announced that it will cut spending for the first time in 12 years in the 2024/25 budget
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Hyperloop One Is Shutting Down

🔁 🔁 Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down
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China: New Gaming Rules

🇨🇳 🇨🇳 BREAKING: Tencent, Netease shares plummet on new China online gaming guidelines
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Buffett Buys More OXY Stock

🚨 🚨 BREAKING: Berkshire Buys More Occidental Stock, Bringing Its Stake To 28%
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MUFG Sees BOJ Acting In Jan

🇯🇵 🇯🇵 Japan’s largest financial group MUFG CEO says Bank of Japan could end negative rates in January
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Container Rates Hit $10K

🚢 🚢 Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis. 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea
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UBS Cautions On A Bull Trap

🚨 🚨 UBS predicts S&P 500 drop in Q1 2024, cautions on bull trap. Foresee a downturn to 4280 in March
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Nike Cuts Sales Outlook

👟 👟 Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
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