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Chinese EV Contender Xiaomi"s Budget "Tesla Killer" Zooms Past Sales Expectations By 3-5 Times
Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. read more.....»»
A third of consumers see bitcoin plunging at least 70% this year even as the token hits record highs, Deutsche Bank survey says
Only 10% of surveyed consumers see bitcoin extending past $75,000, according to the new survey. Chesnot/Getty Images Nearly one-third of global consumers expect bitcoin to fall below .....»»
Chinese Crypto Exchanges Continue To Suspend Services Amidst Regulatory Uncertainty
Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»
A Week In Crypto: Musk"s Endless Tweets, Markets" Fall And Rise, Accidental $25M Transfer
It seems like Elon Musk just can’t stay away from the spotlight. He tweeted again, and the market crashed. Again. But there might have been the Chinese government involved. So here’s a rundown of what Musk said, or rather, tweeted this week. read more.....»»
Gold prices fall for the session, post a third-weekly gain
Gold futures settled with a loss on Friday, but tallied a gain for the third week in a row. Prices for the metal declined for the session on "weekend profit taking" as well as disappointment over gold's "inability to break past" the key $1.....»»
Chinese Stocks Tumble After Beijing Vows To Crack Down On Surging Commodity Prices
Chinese Stocks Tumble After Beijing Vows To Crack Down On Surging Commodity Prices With tech stocks tumbling in the past week amid surging inflation fears, at least the co.....»»
Chinese Stocks Hit After Biden Said To Keep Trump"s Investment Ban
Chinese Stocks Hit After Biden Said To Keep Trump's Investment Ban For the past few months, one of.....»»
US Space Command Closely Tracking Large Chinese Rocket"s Out-Of-Control Fall To Earth
US Space Command Closely Tracking Large Chinese Rocket's Out-Of-Control Fall To Earth The Pentagon and US Space Command are said to be tracking a large Chinese rocket which is set to reenter .....»»
Why China ‘Bad Bank’ Huarong’s Fall Is Big Bad News: QuickTake
What happens when a company set up by the Chinese government to help clean up toxic debt in the country’s banking system gets into trouble itself? It seems we’re about to find out. Investors were spooked when China Huarong Asset Management Co.,.....»»
Benzinga"s Bulls And Bears Of The Week: Apple, GM, JetBlue, Lululemon, Tesla And More
Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included airlines, Chinese EV makers and a consumer electronics giant. read more.....»»
Chinese tech firms hammered by the Archegos blow-up announce share buybacks
Vipshop, Tencent Music Entertainment, and GSX Techedu all announced share buybacks in the past week after the hedge fund Archegos' historic blow-up. Fuller Studio/YouTube Three Chinese tech firms will buyback $1.55 billion in shares.....»»
Capitol Report: Key COVID-aid deadlines pushed back to the fall in new stimulus law
In the past, so-called policy "cliffs" have driven lawmakers to act and likely will again. Here are a few of the more significant deadlines facing Washington......»»
ServiceMaster Brands relocating to Atlanta; move to result in Memphis job cuts
After being sold by Terminix for $1.55 billion this past fall, ServiceMaster Brands, now owned by the private equity company Roark Capital, is relocating its headquarters to Atlanta. "ServiceMaster Brands (SMB) has announced the relocation of .....»»
Gold futures fall, but hold above the $1,700 mark
Gold futures dropped Thursday, as the 10-year Treasury bond yield climbed past 1.5%, pushing prices for the precious metal to their lowest settlement since June. During a Wall Street Journal webinar Thursday, .....»»
Never Mind Yield Curves, What’s Negative Convexity?
As bond yields rise and fall past certain levels, there are episodes of highly technical yet increasingly familiar flows that can accelerate moves in either direction. Analysts and traders use terms like negative convexi.....»»
Commercial Real Estate and Women: A Perfect Pairing
This past fall, the CREW Network—the leading organization for women in commercial real estate—released its 2020 CREW Network Benchmark Study: Gende.....»»
Jack Ma, the billionaire founder of Alibaba, hasn"t been seen in two months after the Chinese government cracked down on his companies. Here"s a timeline of his fall from grace.
Ma, who founded Alibaba and Ant Group, clashed with Chinese regulators after he criticized China's financial regulatory system. Chairman of Alibaba Group Holding Ltd. Jack Ma delivers a s.....»»
Alibaba stock suffering record fall after antitrust probe in China
Shares of Alibaba Group Holding Ltd. tumbled Thursday toward the lowest close in nearly six months, after Chinese regulators launched an antitrust investigation into the e-commerce giant......»»
: IQiyi U.S. shares fall on secondary offering
IQiyi Inc.’s IQ U.S.-traded shares fell in the extended session Tuesday after the Chinese strea.....»»
Alibaba Fined By China Over Improper Reporting Of Intime Purchase
Alibaba Group Holding Ltd (NYSE: BABA) has been fined by the Chinese market regulator for not reporting past deals properly, Reuters reported Monday (Shanghai time). read more.....»»