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Investors and economists are increasingly at odds over the outlook for the world economy.
Those trading money worry the low-inflation, solid growth of the past year is coming to an end, leading to nervous equities and bonds. By contrast, economists and policy makers wager the first-quarter slowdown was a blip and that a decent expansion will soon resume.
Here’s our weekly wrap....More>>>
Scores of companies generate huge returns for their investors withoutmaking splashy financial headlines. That’s why it can make a great deal of sense to look for stocks to buy that Wall Street is currently ignoring.
So, which stocks are potential hidden winners that can be safely purchased today? We asked a team of investors to weigh in, and they pickedSogou (NYSE:SOGO), TJX Companies....More>>>
President Donald Trump is negotiating with China on trade while the Trump Organization is involved in a deal linked to a Chinese developer.
A state-owned Chinese construction company, MCC Group, said last Thursday it had formalized plans to develop a theme park in Lido, Indonesia. The park is part of a broader project called MNC Lido City, and the Trump Organization has existing licensing....More>>>
China just moved a step closer to acquiring one of America’s oldest stock exchanges, despite security concerns raised by some in Congress.
This week a U.S. panel that examines foreign deals for potential national security concerns cleared the purchase of the 134-year-old Chicago Stock Exchange by a China-led group of investors.
The Chicago Stock Exchange said the Committee....More>>>
Over the years, NetEase (NASDAQ:NTES) has made the most of the opportunities presented by China’s mobile and online gaming market, and has also diversified into fast-growing verticals like ecommerce to supercharge its prospects. Not surprisingly, NetEase investors have been a happy lot, as their investment in the Chinese internet specialist has experienced fivestraight years of double-digit....More>>>
The “x”citement might be over for the iPhone X.
Shares of Apple and its suppliers tumbled this week after multiple industry analysts predicted weak demand for the new flagship iPhone. Apple’s (AAPL) stock slid by as much as 4% in premarket trading Tuesday.
The radically redesigned iPhone X was supposed to give Apple a boost following a couple years of sinking....More>>>
In a prior article, we discussed the rationale for significantly discounting a possible acquisition of GNC (NYSE: GNC) by a suitor from China. However, significantly discounting a possibility does not mean eliminating it entirely, and even if the majority of the China acquisition argument is a mirage, there remains water in the proverbial desert oasisalbeit in this case a rather shallow puddle.
Hindalco Industries share price gained a percent intraday on Thursday as its subsidiary Novelis is going to double its automotive aluminum capacity in China.
“Novelis Inc, the world leader in aluminum rolling and recycling, will invest approximately $180 million to double its automotive aluminum body sheet capacity at its Changzhou facility in China,” the aluminium major....More>>>
ESPN presidentJohn Skipperwas hiding a substance abuse problem for many years. On Monday, he stopped hiding.
Skipper’s resignation, which took effect immediately, stunned the sports and media worlds. ESPN hosts and staffers wished him well and privately wondered who will take over the TV sports empire.
Disney CEO Bob Iger has given himself 90 days to figure that out. Tuesday....More>>>