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China’s homebuyers are starting to come back

A real estate project under construction in Shanghai’s newer Pudong district on Feb. 23, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China. The share …

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Dogecoin jumps over 30% after Twitter changes logo to doge’s symbol

The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. Jakub Porzycki | NurPhoto via Getty Images Niche cryptocurrency dogecoin spiked more than 30% on Monday after Twitter CEO Elon …

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March’s bank failures show options can be tricky even when retail traders pick big winners

A woman leaves a Signature Bank branch on March 13, 2023 in New York City. The bank was closed by regulators Sunday. Leonardo Munoz | View Press | Corbis News | Getty Images The sudden failures of Silicon Valley Bank and Signature Bank last month created a nervous waiting game …

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Acorns acquires kid-focused fintech GoHenry to expand in Europe

Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC LONDON — American micro-investing platform Acorns acquired GoHenry, a digital banking startup focused on educating kids about money, for an undisclosed sum. The company told CNBC exclusively that it agreed an all-stock deal with GoHenry that will see the firm become a …

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Playing the hot international trade with ETFs

There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s president finds international ETFs are experiencing stronger inflows. “There is a little bit of performance chasing going on here, because broad international stocks have fairly significantly outperformed U.S. stocks since …

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It’s the U.S., not Europe’s banking system that’s a concern, top economists say

A cargo barge on the River Rhine near the European Central Bank (ECB) headquarters at sunset in the financial district in Frankfurt, Germany, Bloomberg | Bloomberg | Getty Images Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its …

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‘Nationalizing bond markets’ left central banks unprepared for inflation: HSBC

One Canada Square, at the heart of Canary Wharf financial district seen standing between the Citibank building and HSBC building on 14th October 2022 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The prolonged period of loose monetary policy after the global financial crisis equated to …

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China’s Premier Li Qiang seeks to rally Asia behind Beijing

China’s Premier Li Qiang addressed an international audience at Boao Asia forum in Boao, Hainan on March 30, 2023. Lintao Zhang | Getty Images News | Getty Images BO’AO, China — Chinese Premier Li Qiang sought to rally Asian countries behind China in his first public address to an international …

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Switzerland gets a cost-cutting local to restore its reputation

Sergio Ermotti, chief executive officer of UBS Group AG. Stefan Wermuth | Bloomberg | Getty Images Incoming UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran takes on the task of restoring order to the country’s battered financial …

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Stocks making the biggest moves before the bell: BABA, LYFT, WBA, more

Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth. But investors are starting to feel slightly more optimistic toward Chinese tech giants in 2023. Jakub Porzycki | Nurphoto | Getty Images Check out the companies …

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