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☆ The worst may be over for China, says former FTSE chief
▼ + stars: | 2023-10-17 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

China may continue to see some market volatility but the worst has passed, the former head of benchmark giant FTSE Russell said. "China has had success, and will become an important investment venue going forward, but in the short term, China does have some issues. Makepeace said he is bullish in the long term on China and Hong Kong markets and is confident that they will continue to grow. The country is expected to report third-quarter gross domestic product on Wednesday. Investors now await more economic readings as China is also set to report September retail sales on Wednesday.

Persons: Russell, We're, Mark Makepeace, CNBC's, Makepeace Organizations: Wilshire Indexes, Investors Locations: China, Hong Kong, China's

☆ CNBC Daily Open: Russell 2000’s best day since July bodes well for markets
▼ + stars: | 2023-10-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China's renewed reboundChina's economic growth will return next year, Mark Makepeace, former head of benchmark giant FTSE Russell told CNBC. [PRO] Rising oil prices could boost non-energy stocksExogenous shocks, like supply cuts and the Israel-Hamas war, have forced oil prices upward. That's good news for energy stocks — but these non-energy, European stocks also stand to benefit when oil and gas prices rise, according to Bank of America.

Persons: China's, Mark Makepeace, Makepeace, Jim Jordan, Adam Kovacevich, Biden, Joe Biden, Antony Blinken Organizations: CNBC, Russell, Big Tech, Republican, U.S . House, Apple, Biden, of Progress, Israel U.S, Hamas, Bank of America Locations: Asia, Pacific, , New Zealand, China, Israel, Gaza

☆ Wilshire Indexes CEO says he's always been 'long-term bullish' on China
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWilshire Indexes CEO says he's always been 'long-term bullish' on ChinaMark Makepeace, CEO of Wilshire Indexes, says China is the "second-biggest country represented in global benchmarks."

Persons: he's, China Mark Makepeace Organizations: Wilshire, Wilshire Indexes Locations: China

☆ These kids get free vacations thanks to their YouTube fame. But what happens behind the scenes?
▼ + stars: | 2023-08-15 | by ( Lilit Marcus | ) edition.cnn.com time to read: +13 min

McCarty started a campaign called Quit Clicking Kids, aimed at stopping people using children on social media for monetary gain, in 2022. Child labor rights in the United States, from the factory to the internet: A timeline 1904 The National Child Labor Committee is founded, with the goal of ending all child labor. 1916 The first child labor bill – the Keating-Owen Act – is passed, which bans the interstate sale of any article produced with child labor and regulates the number of hours a child could work. In May 2023, the US Surgeon General’s office issued an advisory about social media and kids’ mental health. And for too many children, social media use is compromising their sleep and valuable in-person time with family and friends.

Persons: Chris McCarty, McCarty, Myka Stauffer, Stauffer, it’s, –, Keating, Owen, Franklin Delano Roosevelt, Coogan, ”, Instagram, Carlotta Dotto, Lilit Marcus The Coogan, Jackie Coogan, aren’t, “, Vivek Murthy, ” Stacey Steinberg, what’s, Steinberg, Yukari Schrickel, Mom Brooke Morrison, Parker, McKenzie, Morrison, ” Caz Makepeace, Craig, you’re, ’ ” Makepeace, Alex Winter, Machelle Hobson, Hobson, Makepeace, vlogging, Caz, they’re, “ We’ve Organizations: CNN, Morrisons, University of Washington, Child Labor, US, Labor, California, UN, Education, Trust, Facebook, National Archives, US Department of Labor, Actors, The Federal Trade Commission, New York Department of Labor, Washington State Legislature, Center, Children, University of Florida’s Levin College of Law, YouTube, Credit, Apple, Google Locations: New Orleans, Arizona, London, Dominican Republic, United States, New York, Illinois, California, ”, Australia

☆ The UK government is clearly trying to promote growth, says FTSE founder
▼ + stars: | 2022-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe UK government is clearly trying to promote growth, says FTSE founderMark Makepeace, FTSE founder and Wilshire CEO, joins 'Squawk on the Street' to discuss the fiscal UK policy, chances that Europe is already in recession, and more.

☆ The pound falls again versus the dollar after the Bank of England says it's monitoring financial markets following the currency's slide to a record low
▼ + stars: | 2022-09-26 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

The pound after the Bank of England said it's closely monitoring financial markets. The pound fell by nearly 2% after the statement but didn't return to record lows. "The Bank is monitoring developments in financial markets very closely in light of the significant repricing of financial assets," BoE Governor Andrew Bailey said in a statement Monday. Financial markets were looking for the Bank of England to say it would raise interest rates or enact emergency measures to aid the pound. Financial markets on Monday were pricing in expectations for UK interest rates to rise to soar to 6% next year on the back of sterling's fall.

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