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)