The economy is now expected to expand by 5.4% in 2023, according to Morgan Stanley Morgan Stanley analysts have raised their forecast for China’s economic growth in 2023, predicting an earlier and sharper rebound in activity. The country’s gross domestic product is seen growing 5.4% next year, up from a previous projection of 5%.
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The billionaire has cashed out nearly $8 billion worth of shares after buying Twitter, according to regulatory filings Elon Musk has sold another 22 million shares in his electric car company Tesla this week, according to filings published by the US Securities and Exchange Commission (SEC) on Thursday.
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Germany’s federal government intends to issue a record volume of debt next year to fund costs associated with the energy crisis, the German Finance Agency has revealed. According to the plan released on Wednesday, debt issuance will balloon to about €539 billion ($573 billion) in 2023 from €449 billion ($477 billion) this year. The previous…
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