Thanks to internet technology, online charity is becoming increasingly popular in China.
US stocks dipped and Treasury bonds rose on Thursday as investors sought to navigate a tricky outlook for global equities marred by inflation and signs of slowing growth. The S&P 500 index fell 0.6 per cent, closing at its worst level since March 2021, while the tech-heavy Nasdaq Composite fell 0.3 per cent. Both gauges had come under heavy selling pressure in the previous session, with the S&P shedding 4 per cent in the worst sell-off since June 2020 and the Nasdaq tumbling 4.7 per cent. The swings on Thursday reflect the deep uncertainty among investors over the outlook for growth and inflation at a time when central banks, led by the US Federal Reserve, are unwinding the stimulus measures that have helped prop up the world economy over the past two years.
Image source: The Motley Fool. TENCENT HLDGS UNSP/ADR (OTC: TCEHY)Q1 2022 Earnings CallMay 18, 2022, 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and thank you for standing by.