Stocks on Wall Street slid on Monday, following a drop in Europe and Asia, as investors remained on edge about the severity of the economic downturn. The S&P 500 fell about 1 percent at the…
Monthly Archives For May 2020
Gold gains as investors seek safety amid US-China tensions
Gold rose on Monday as brewing tensions between the United Sates and China over the novel coronavirus outbreak kindled fears of a new trade war and had investors seeking safe havens. ( read original story…
Congress Republicans Accuse China of Seeking to Indoctrinate U.S. Students
The ranking Republicans on seven House committees sent a letter to Education Secretary Betsy DeVos, asking for information and accusing China of providing funds to U.S. universities in an effort to … ( read original…
Lab equipment company Avidity Sciences to establish operations in China
Avidity is a portfolio company of Minneapolis-based private equity firm Shoreview Industries, which invested in Avidity in 2016. ( read original story …)
Global markets dive as the US ratchets up tensions with China over the coronavirus
Although markets were closed in China and Japan Monday, stocks in Hong Kong and Europe plunged on the renewed tensions. ( read original story …)
Global Markets Fall on Recovery Fears and China Tensions: Live Updates
Global markets on Monday were pointing to a downbeat beginning to the week, with stocks falling and futures markets predicting a negative opening for Wall Street. Markets in France and Germany opened … ( read…
Man in China learns it doesn’t pay to bury cash
A Chinese man who buried hundreds of thousands of dollars five years ago is learning the hard way there may be better ways to store his life savings, according to local reports. ( read original…
S&P 500, Dow dip as Buffett ditches airlines, China tensions flare
The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat over the origins of the coronavirus outbreak and billionaire Warren Buffett’s Berkshire Hathaway’s move to … ( read…
Report: International intelligence dossier alleges China mishandled coronavirus response
Telegraph reports a dossier from an intelligence alliance between the U.S., U.K., Canada, Australia and New Zealand alleges China misled and shielded information on the coronavirus outbreak. CBS News … ( read original story …)
Global and China Financial Leasing Industry Report, 2020-2026
Financial leasing as financial service is a direct way to stimulate real economy and help companies tap idle assets and reduce liabilities. In recent years, the boom of the industry was accompanied by … (…
Coronavirus update: Global case tally passes 3.5 million; Trump and senior officials continue to lash out at China
The number of cases of the coronavirus that causes COVID-19 climbed above 3.5 million on Monday, as President Donald Trump and senior members of … ( read original story …)
IPO Update: Kingsoft Cloud Holdings Proposes IPO Terms
Kingsoft Cloud Holdings aims to raise $425 million in a U.S. IPO. The company provides a range of software and services to assist Asia-based enterprises in tran … ( read original story …)
Demand for smartphones in China is starting to comeback post coronavirus: Micron exec
Micron strikes a bullish tone on the pace of economic recovery in China following the worst of the coronavirus. ( read original story …)
