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>>>
I've said it for years… The biggest gains will come in the final innings of the bull market. My friend, the final innings have arrived. The big moment is here. Yesterday, I explained my "Melt Up" thesis, and why I believe these final innings could lead to massive gains. It's already happening… Stocks are up big over the last 18 months. But I don't....More>>>
Russia isn’t just trying to sell its new airliner abroad. It might build it there, too.
State-owned military-industrial giant Rostec, which is responsible for exporting Russian technology, said Sunday that it has started talks to jointly produce a commercial plane overseas — potentially in the United Arab Emirates.
The short statement, which coincided with the start....More>>>
Stocks ended mixedthough let’s face it, little changedas investors continue to wrestle with a world that’s more dangerous than ever and stocks that insist on just the opposite.
The S&P 500 dipped 0.1% to 2,163.78 today, while the Dow Jones Industrial Average rose 25.96 points, or 0.1%, to 18559.01, a new record high. The Nasdaq Composite declined 0.4%....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>>>
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>>>
Bank Indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens.
“Owning virtual currencies is very risky and inherently speculative,” the central bank said in a statement Saturday. The digital tokens “are prone to forming asset bubbles and tend to be used as method for money laundering and....More>>>