Wall Street stocks fall to close its worst quarter in 2 years

U.S. 04/01/22, 08:57

Wall Street closed its worst quarter in two years, as concerns persist over the Russia-Ukraine conflict that has led to rising fuel prices and intensified inflation. U.S. stocks plunged on Thursday, despite posting a 3.6% gain in March, leading to the worst quarterly performance since the first quarter of 2020, when ...

The financial industry must see through China’s ambitions: Expert

China 02/12/22, 03:54

As China has become more and more influential in the financial market, its goal behind this dominance is not that simple. James Gorrise, an expert about China and the author of The China Crisis, points out the Chinese regime's ambition to dominate the world via the financial industry. The value of ...

Current Chinese stocks rebound is no natural, international expert explains

Economy 02/11/22, 21:25

According to recent reports from mainland media, Chinese stocks have recently staged a long-lost "big rebound." In addition to the collective increase of three Chinese e-commerce giants, Pinduoduo, JD.com, and Alibaba, other Chinese concept stocks also generally soared.  Dr. Xie Tian, ​​chair professor at the University of South Carolina Aiken School ...

Expert: No significant impact on the US if all Chinese companies delisted

New York 12/14/21, 03:32

On Dec. 2, the U.S. Securities and Exchange Commission announced that Chinese companies listed on U.S. stock exchanges are required to indicate whether they are owned or controlled by government agencies. At the same time, it is necessary to provide audit evidence. Some analysts say this could cause more than 200 Chinese companies ...

CCP is short of money to issue US dollar bonds

China 10/30/21, 03:27

According to Chinese Epoch Times, China's economy has been in more crisis than expected. The real estate industry is in free fall, and the debt crisis caused by real estate giant Evergrande are problems the CCP faces. The Chinese Communist Party (CCP) recently issued $4 billion in government bonds to try ...

A massive withdrawal of companies located on Wall Street is predicted

New York 07/22/20, 15:44

Companies located in New York's financial district are opting for a mass withdrawal from the city, with several reasons encouraging them to move their offices. The new economic and social landscape unleashed by the spread of the CCP virus is causing drastic changes and reorganizations of all kinds. New York City ...

Asian shares edge higher following advance on Wall Street

Business 05/22/19, 00:53

Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. Investors bought technology shares after the U.S. government opted to temporarily ease off on proposed restrictions on technology sales to Chinese companies. Japan's Nikkei 225 index added 0.1% to 21,299.02 and the ...

Stocks rise after tariff hike postponed

Business 02/25/19, 10:42

The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening broadly higher on Wall Street after President Donald Trump agreed to hold off on raising tariffs on Chinese imports as trade talks progress. Technology and industrial companies led the way higher early Monday. General Electric jumped 14.8 percent after ...

Asian shares mostly lower as investors watch trade talks

Business 02/22/19, 00:08

Asian shares were mostly lower Friday after a slide on Wall Street as nervous investors eyed U.S.-China trade talks in Washington. Japan's benchmark Nikkei 225 slipped 0.3 percent to 21,402.57 in morning trading. Australia's S&P/ASX 200 gained 0.4 percent to 6,165.00. South Korea's Kospi fell 0.4 percent to 2,220.23, while Hong ...

Asian stocks rally on hope of further China-US trade talks

Business 02/17/19, 22:31

Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea's Kospi jumped 0.7 percent to 2,212.38 and the Shanghai Composite index rose 1.6 percent to 2,724.23. Hong Kong's Hang Seng was 1.7 percent ...

Asian stocks slip on Wall Street leads as trade talks simmer

Business 02/15/19, 01:35

Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion of U.S.-China talks in Beijing. Japan's benchmark Nikkei 225 retreated 1.1 percent to 20,900.63 and the Kospi in South Korea tumbled 1.4 percent to 2,195.07. Hong Kong's Hang Seng gave up 1.8 percent ...

Weak sales report sinks stock prices in early trading

Business 02/14/19, 10:28

New figures showing that last month's holiday sales were far worse than previously expected helped drive stocks lower on Wall Street early Thursday, threatening to end a four-day winning streak for the S&P 500 index. The surprise drop in December sales, the worst in the decade, sank a range of stocks, ...

Asian shares higher following strong gains on Wall Street

Business 02/06/19, 01:19

Shares have advanced in Asia following a rally on Wall Street led by technology companies. There was little if any immediate reaction to President Donald Trump's State of the Union address. Japan's Nikkei 225 index gained 0.1 percent to 20,874.06 early Wednesday. Australia's S&P ASX 200 rose 0.3 percent, helped by ...

Facebook reports robust profit, revenue gains; stock rises

Business 01/30/19, 19:06

Facebook reported robust earnings and revenue that handily surpassed Wall Street expectations for the final quarter of 2018 despite heavy spending on safety and security. Facebook said Wednesday that it earned $6.9 billion, or $2.38 per share, in the October-December period. That's up 61 percent from $4.3 billion, or $1.44 per ...

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