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What I Am Reading

Tuesday, April 18, 2023

Markets

Stock Market Keeps Going Up, But Skeptics Hold Tight to the Bear CaseBloomberg
U.S. Stocks Edge Up, With Earnings in FocusWall Street Journal
US warns companies over Russian oil price cap evasion via ESPO pipelineReuters

US

China

Chinese Millennials Look to Stocks, Bonds and Crypto in Seeking Ways to WealthBloomberg
China's electric car drive, led by BYD, leaves global brands behindReuters

Japan

Japan Hotels Draw Foreign Investors at Scale Unseen in YearsBloomberg

India

India's Worthless College Degrees Undercut World’s Fastest-Growing Major EconomyBloomberg

Industries & companies

Financials:HSBC shareholder Ping An to vote for bank's break-up at annual meeting -sourceReuters
Financials:State Street, Schwab See Deposits DropWall Street Journal
Media:Opinion | Twitter Is Broken. Thanks, Elon.NYT
Tech:Alphabet shares fall on report Samsung may dump Google Search for BingReuters

Geopolitics & trade

U.S., Allies Weigh How to Reduce Economic Ties With ChinaWall Street Journal
U.S. Arrests Two, Charges Dozens for Alleged Illegal U.S. Activities by Chinese Security AgentsWall Street Journal
Taiwan to Buy 400 US Anti-Ship Missiles Intended to Repel ChinaBloomberg

Crypto

Bitcoin dips below $30,000, and backlash brews as SEC moves toward DeFi oversightCNBC