Be in the know. 20 key reads for Friday…

  1. Exclusive: China’s central bank accepts Ant’s application for financial holding company (reuters)
  2. Alibaba Soars 9% on Report China Approves Ant’s Application for Financial Holding Company (streetinsider)
  3. The Bank of Japan Declines to Follow the Fed. The Yen Is Getting Hammered. (barrons)
  4. The Days of Big Pharma Are Over. What the Era of Big Biotech Means for Investors. (barron’s)
  5. Layoffs Tick Up in the New Bear Market (barrons)
  6. The Fed Got More Hawkish. How Long Will It Last? (barrons)
  7. By Design, the Fed May Be Tightening Too Much (wsj)
  8. Chinese Slowdown Pushes Youth Unemployment to New Highs (wsj)
  9. Ferrari to Debut SUV-Like Model in September (wsj)
  10. After $2 Trillion Wipeout, US Stocks Are Poised for Some Relief (bloomberg)
  11. 65% of Warren Buffett’s Portfolio Is Invested in These 4 Stocks (fool)
  12. US rate rise: Chinese stocks emerge as safe haven from bear markets globally (scmp)
  13. Why beaten-down tech stocks could lead the next rally (yahoo)
  14. Brussels calls for Ukraine to become official candidate for EU membership (ft)
  15. Is the Swiss National Bank to Blame for yesterday’s Tech Stock Massacre? (streetinsider)
  16. Powell vows that the Fed is ‘acutely focused’ on bringing down inflation (cnbc)
  17. Real Estate Billionaire Stephen Ross Says Recession Would Drive People Back to Office (bloomberg)
  18. Warren Buffett’s Berkshire Hathaway likely spent $1.3 billion on stock buybacks over the past 6 weeks (businessinsider)
  19. Drug Pricing Debate in Washington Is a Headache for Pharma (wsj)
  20. Japan’s Kuroda Says He Won’t Raise Rates, Even With Weak Yen (wsj)

Be in the know. 20 key reads for Thursday…

  1. Bargain Hunters Are Buying Up Alibaba Stock (barrons)
  2. Chinese stocks are looking cheap. Fund manager explains why he’s betting on Alibaba (cnbc)
  3. China Triples Investment Project Approvals to Stimulate Economy (bloomberg)
  4. ‘Big Oil’ Responds To Biden’s Threats: Here’s 10 Things You Can Do To Ease Gas Prices (zerohedge)
  5. ‘Let it rot’: China’s tech workers struggle to find jobs (ft)
  6. Charlie Munger reads like a machine, swears constantly, and clashed with Warren Buffett over Costco and BYD, a close friend reveals in a new interview. Here are the 9 best quotes. (businessinsider)
  7. Truckers Will Benefit as Companies ‘Onshore’ Supply Chains: Survey (barrons)
  8. Fed Fights Inflation With Largest Rate Hike Since 1994 (barrons)
  9. The Yen’s Weakness Is Another Sign That Something Isn’t Right in the Global Economy (barrons)
  10. The Housing Market Is Slowing Down. There’s Some Hope for Buyers. (barrons)
  11. S. Home Equity Hits Highest Level on Record—$27.8 Trillion (wsj)
  12. Macron Says Ukraine and Russia Must Eventually Talk (wsj)
  13. China’s Economy Shows Signs of Recovery, but Covid Lockdown Threat Remains (wsj)
  14. The PGA Tour Banned LIV Golfers. They’re Playing in the U.S. Open Anyway. (wsj)
  15. Powell Sets Path to Restrain Economy and Stop Runaway Inflation (bloomberg)
  16. Why China’s 2022 Party Congress Will Be a Landmark (bloomberg)
  17. Cigna to buy back $3.5 billion of its stock through accelerated repurchases (marketwatch)
  18. JPMorgan Estimates Amazon Prime Worth $1100 to Subs, Stock Remains Best Idea (streetinsider)
  19. Fed’s full-tilt inflation fight makes a ‘softish’ landing harder to achieve (ft)
  20. Buy This Warren Buffett Stock for 58 Cents on the Dollar (fool)