Leon Black planned to step down as chief executive of Apollo Global Management Inc., after an independent review expected big payouts to the notorious financier Jeffrey Epstein that it was still considered …
Read More »Jack Ma of Alibaba has not been seen for months. Beware of stock.
At the company’s annual party in 2017, Jack Ma, founder of Alibaba Group Holding. STR / AFP via Getty Image Word size The head of a Chinese research group told me last …
Read More »US consumers include Alibaba, Tencent to China stock ban
In recent weeks, officials from the State Department and Department of Defense have negotiated an expansion of a blacklist of companies banning US investment due to claimed ties to China’s military and …
Read More »China shares fall as NYSE flip-flops delist 3 Chinese telecoms
US-traded shares of Chinese companies declined on Wednesday as the New York Stock Exchange once again changed its mind to whether or not to distribute a trio of China-based telecom stocks. American …
Read More »Wall Street refused to believe the Georgia elections. Now a big rotation is going on
There is so much mistrust of the elections that the delays leading to Democrats in the runoff elections in the Georgia Senate were treated with suspicion on Wall Street. Hence financial markets …
Read More »China’s Internet shares have skyrocketed after NYSE, it will not distribute three Chinese telecom names
The rallies continued on Tuesday after stocks of US companies lagged behind the New York Stock Exchange, stating that it no longer planned to remove three Chinese telecom shares from its exchange. …
Read More »Watch for a Y2K-style stock-market correction, according to the 2021 approach, says the strategist
Welcome to the last business week of 2020, in a year we cannot look back quite fast. President Donald Trump signed that stocks are showing more signs after the $ 900 billion …
Read More »Virus. Vaccine. Instability. This strategist says that 2021 will be the year of ‘V’ and here’s how to play it.
It’s Christmas Eve, which traditionally marks the best seven-day sprint for the year’s shares – aka the “Santa Claus Rally.” So far, stock futures are signaling a promising start to that ritual, …
Read More »Asian markets mostly contain stock, but stock in China falls after Alibaba protests
Asian shares remained mostly high on Thursday, following a mixed set of reports on Wall Street’s economy of small stocks. Benchmarks grew in Tokyo, Hong Kong and Sydney. Stocks in Shanghai fell, …
Read More »China’s ‘invincible’ global luxury-market share nearly doubles amid epidemic
Milennials and Gen Z shoppers have helped China double its overall share of the global luxury market in 2020, to become the largest in the world by 2025, even after the market …
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