Showing posts with label International: Top News And Analysis. Show all posts
Showing posts with label International: Top News And Analysis. Show all posts
Thursday, November 12, 2020

Biden's win boosts the Chinese yuan, but the Trump effect will be more lasting

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But the yuan's outlook is also influenced by geopolitical motivations, a weaker dollar and China's economy. from International: To...

Apple and Google could compete in health, but that would mean more regulation, says Prudential CEO

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Apple and Google have the technology to compete in the health arena, but it would mean facing even more regulatory scrutiny than they alread...

Biden's climate goals will be harder to achieve without China, says Wood Mackenzie

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The U.S. rising as a leader in climate change could either be a source of conflict or an opportunity to collaborate with China, said the ene...

Goldman Sachs says a divided U.S. government could boost Asian currencies

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Division in Washington means any further fiscal stimulus in the U.S. "probably won't be as big," said Andrew Tilton, Goldman...
Wednesday, November 11, 2020

Morgan Stanley says these internet companies will be hit by China's new draft laws

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China's State Administration for Market Regulation (SAMR) issued draft rules on Tuesday against monopolistic practices in the internet s...

JD.com wants a network of 5 million stores as e-commerce battle heats up

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Chinese retailer JD.com plans to aggressively expand its brick-and-mortar presence as e-commerce competition in China gains steam. from In...

Trump meets with top election advisors as Biden's lead endures

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Joe Biden has a solid Electoral College lead over President Donald Trump, and could build on that lead once Arizona and Georgia finish count...

German health minister says it’s too early to tell if its partial Covid lockdown will be extended

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"It will be the end of this week that we might see the results of the new lockdown light we have now," German Health Minister Jens...
Tuesday, November 10, 2020

Covid vaccine won’t be an ‘instant stimulus’ to the U.S. economy, warns economist

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The U.S. economy can't depend on a coronavirus vaccine to "solve all our problems," said Carl Tannenbaum, chief economist at N...

Singapore and Hong Kong to start 'travel bubble' flights on Nov. 22

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The travel bubble could help repair some of the damage inflicted by the coronavirus pandemic on the cities' hard-hit tourism and aviatio...

Asia-Pacific stocks mixed as Chinese tech shares slip

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Tech shares in the region were watched after their counterparts on Wall Street saw declines overnight. from International: Top News And An...

Stock futures flat amid market rotation out of growth

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On Tuesday, the Dow Jones Industrial Average climbed 262 points but the Nasdaq Composite fell more than 1%. from International: Top News A...

TikTok hasn't heard from the Trump administration in weeks, prompting latest CFIUS petition

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The Trump administration has gone silent as ByteDance waits for guidance on how to proceed with a minority stake sale and technology partner...

Remote work is 'here to stay' — even with a vaccine, says former IBM CEO

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Investors wonder whether tech-driven trends such as working from home will continue after a vaccine arrives. Ginni Rometty has an answer. ...
Monday, November 9, 2020

Ant's suspended IPO is a 'sign of the times' and 'not an isolated case,' says investor Mark Mobius

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The suspension of Ant Group's IPO is a sign of the times, according to veteran investor Mark Mobius, who is the founder of Mobius Capita...

Vaccine news unleashes new momentum in stock market as hunkered-down investors flee cash

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Fundstrat's Tom Lee said stocks could gain another 10% by year end, driving the S&P 500 to 3,900. from International: Top News And...
Sunday, November 8, 2020

Netflix bets big on Asia as it sees 'significant potential' in these markets

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When reporting third-quarter earnings last month, Netflix said nearly half of its paid membership growth came from APAC — the greatest share...
Saturday, November 7, 2020

Joe Biden, in his first speech as president-elect, urges unity: 'Time to heal in America'

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"I will work to be a president who seeks not to divide but unify," said Biden. from International: Top News And Analysis https:/...

Kamala Harris makes history as the first woman elected vice president

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Kamala Harris will be the first Black American, first woman and first Asian-American to serve as vice president. from International: Top N...
Friday, November 6, 2020

White House chief of staff Mark Meadows has tested positive for coronavirus

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White House chief of staff Mark Meadows has tested positive for coronavirus, NBC News confirmed Friday. from International: Top News And A...