U.S. stocks were poised to rebound on Monday, after logging their worst weekly performance in more than two years, with gains spurred by reports that the U.S. and China are in behind-the-scenes talks to avert a global trade war.
A handful of Federal Reserve speakers may capture attention as well, as a holiday-shortened week of trading kicks off.
What are the main benchmarks doing?....More>>>
To many people, China’s futuristic road-straddling bus seemed too good to be true. Now, authorities say it may have been little more than a scam.
Beijing police said this week they have detained 32 people, including the chief executive of the company behind the project, following reports from investors of illegal fundraising.
The 26-foot-wide vehicle caught global attention....More>>>
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of the matter said, in a deal that adds to the record levels of funds seeking deals in the region.
The private-equity giant had initially targeted a fund of $5 billion but raised its expectations following a strong response from its investors, known as limited partners, said....More>>>
JD.com (JD), a company with a great story, improving fundamentals and a surprisingly serene chart, notes Paul Goodwin, international investing expert and editor of Cabot Emerging Markets Investor.
It is actually Chinas largest e-commerce company by revenue, an online retailer with a hefty $37.7 billion market cap and a similarly impressive $35.7 billion in annual sales.
U.S. stock futures traded slightly lower in early pre-market trade, ahead of earnings from several companies. Data on nonfarm payrolls and unemployment rate for April will be released at 8:30 a.m. ET.
Futures for the Dow Jones Industrial Average fell 14 points to 23,896.00, while the Standard & Poor’s 500 index futures fell 2 points to 2,629.75. Futures for....More>>>
As Tesla (NASDAQ:TSLA) prepared to begin deliveries in China in 2014, management was particularly bullish on the market. Indeed, Tesla’s former China operations chief Veronica Wu estimated sales in the country would quickly grow to represent a third of the automaker’s deliveries globally. But Tesla’s initial predictions for the market proved to be far too optimistic. Sales in the....More>>>
source: Turquoise Hill website
For some time the share price of Turquoise Hill (TRQ) has been floundering around, as demand for copper has been restrained, as well as gold, which is the secondary metal it mines for.
That combination has keep the share price of the miner at a little over $3.00 per share for some time. That appears to have changed as the price of copper appears to have....More>>>
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For the first time ever, one bitcoin is worth more than an ounce of gold. According to a CNNMoney....More>>>
An important change in the underlying ownership of the U.S. bond market has so far gotten short shrift.
Among the biggest buyers of U.S. debt, China has garnered the most attention, but economists at Jefferies say that whats less appreciated is how Europe has shown an insatiable appetite for U.S. bonds.
As of the end of last year, euro area holdings of U.S. debt securities far surpassed....More>>>
Volkswagen AG’s world-leading development budget is shifting into overdrive, bolstered by spending at its Chinese joint ventures as the German carmaker seeks an edge in producing electric, self-driving autos.
The partnerships’ technology investments in the next five years will total 15 billion euros ($18 billion), Jochem Heizmann, head of Volkswagen’s business in China,....More>>>