Big, bold and fully updated, the new Ford Expedition has the goods to take the sales crown away from the Chevrolet Tahoe.
Just as minivans replaced the family station wagon in the 1980s, so too did big SUVs vanquish those vans in the 1990s. Since then, however, the Great Recession and occasional gas price shocks have returned the largest SUVs to their original role in the market: expensive....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.
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>>>
Chinese developers may have had a stellar 2017 compared with recent years but bond investors are increasingly concerned their windfall won’t be enough to withstand the tighter funding conditions this year that could lead to cash crunches.
Last year saw a broad based improvement in finances for China’s property sector, helped by fast-rising property prices. Profit margins rose....More>>>
China’s growing military might is prompting other nations in the region to spend more on weapons.
That trend is in evidence Tuesday at the start of the Singapore Air Show, where a host of countries and companies are showing off their defensive hardware.
Australia is displaying a pair of converted Boeing (BA) airliners that are used for tracking the skies and seas around the....More>>>
Four companies are targeting $247 million in the last active week of the 2017 IPO market. LexinFintech (Pending:LX), a Chinese online microloan company, leads the pack with the largest deal of the week. Other IPOs include a life insurer and two small healthcare deals. While it is unusual to see so many IPOs this close to the holidays, we note that LexinFintech is likely pre-sold in China, and the....More>>>