According to the FT calculations, since the beginning of the year the average daily turnover of shares on the Hong Kong Stock Exchange (HKEX) was about $25 billion, four times that of the London Stock Exchange (LSE) over the same period. Analysts explain it with the fact that trading volume in Hong Kong increased markedly at the start of the year due to the ongoing recovery of business activity...

"The JPMorgan Barometer", which assesses stock market dynamics, showed the highest level of investor carelessness since the dot-com crash. As long as investors are driven by greed rather than fear, the bank's strategists do not expect a significant pullback in the rally. JPMorgan's investor complacency index, which is based on valuations, position sizes and stock market price momentum, is near...

The Tokyo Stock Exchange Nikkei 225 index, which reflects the dynamics of stock prices of Japan's leading companies, climbed above 30,000 points for the first time in more than 30 years. The exchange index TOPIX, which is calculated as weighted average capitalization of 538 Japanese companies, reached 1943.12 points (+0.48%). The largest company outside the banking sector in 1990 was an energy...

The global freelancing market will nearly double to $13.8 trillion by 2025, according to a PwC report. This forecast is based on both the company's own data and information collected by various organizations. Currently, the global market is worth $6.54 trillion, of which the majority ($3.76 trillion) accounts for freelancers, $1.13 trillion -  for seasonal workers and $ 705 billion – for...

Buffett's favourite indicator, which predicted the collapse of the dot-com bubble, has surpassed its peak in the early 2000s and set a new high. The indicator recently surpassed 200 per cent, the point at which investors are, in Buffett's words, already "playing with fire". The so-called Buffett indicator, which the founder of Berkshire Hathaway Warren Buffett called the best indicator to measure...

The post-pandemic beauty industry will experience the same boom that it did after the Spanish flu in the 1920s, says L'Oréal, a major cosmetics manufacturer. The French company bases its faith in the industry's recovery on its year-end sales, which showed better-than-expected growth. The world's largest cosmetics manufacturer L'Oréal expects the beauty market to boom after the pandemic, as it did...

China's transformation from an industrial to a post-industrial economy will cause unprecedented educational needs in the coming years. The rapid automation of the country threatens up to 220 million workers in China and from 22% to 40% of internal migrants. According to McKinsey&Co, which cites such estimates in a report on the problem, the country's education market, which used to grow by...

The UK Beer and Pub Association (BBPA) reported that last year pub beer sales fell 56% from 2019 to £7.8 billion, the lowest level since the 1920s, according to the UK media estimates. Such a sharp decline in sales was caused by the COVID-19 pandemic and the authorities' tough measures to combat it, including lengthy lockdowns and closures of catering outlets, stores, pubs, etc.  In the...

The New York Stock Exchange (NYSE) and the electronic exchange for high-tech companies NASDAQ yesterday filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) in the Court of Appeals for the District of Columbia Circuit. The exchanges are unhappy with the SEC's named plans in December to impose new trading disclosure rules. The regulators want the exchanges to publish the...