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| Asia's loan market proves resilience but cries out for innovation "One can always bullshit you, but the reality is the market is very limited in terms of innovation," he says. He may be exaggerating, but he's not that far away from the truth. There are many positives in the loan market, but they come more from looking at the numbers rather than the details. In 1980, the ...
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| 3 Stocks Reaching All-Time Highs Despite Volatile Markets Stocks were still struggling to generate any momentum through early afternoon trading hours Friday, putting major U.S. indexes on track to close the week even lower after surrendering most, if not all, of their year-to-date gains over the past few days. Traders initiated this week's selloff on the back of new ...
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| China May Hike Tariffs on US Pork, Aluminum, Other Goods The ratcheting up of tensions sent a shiver through world financial markets. Shares tumbled on Wall Street and slumped in Asia, where Japan's Nikkei 225 index fell 3.5 percent while the Shanghai Composite index slipped 3.1 percent and Hong Kong's Hang Seng lost 2.8 percent. The dollar dipped to ...
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| China won't rule out scaling back US Treasury purchases "It would certainly hurt the daily life of American middle class people, and the American companies and the financial markets." But most experts doubt that China would cut its bond purchases enough to move Treasury rates. If it did so, that would reduce the value of the $1 trillion in bonds it already holds.
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| Gerald Tsai Jr. Once Ruled Money. This Man Will Soon Do the Same. Lee is an unusual combination of academic innovator, capital markets investor, technological entrepreneur, and celebrity — kind of an amalgam of Jack Treynor, Cliff Asness, Steve Jobs, and Katy Perry. Lee's entire career — which placed Lee at the nexus of technological breakthroughs and commercial ...
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| Stocks Can't Escape the News It's a sharp reversal from last year, when stocks embarked on a nearly uninterrupted rally, despite a slew of geopolitical, economic and political news events that many analysts had expected to pull stocks lower. Whereas nothing seemed to faze the market in 2017, everything seems to be fazing it in 2018 ...
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| China says ready to defend its interests in US trade spat REUTERS/Aly Song. U.S. President Donald Trump plans to impose tariffs on up to $60 billion in Chinese goods for what he calls misappropriation of U.S. intellectual property under Section 301 of the 1974 U.S. Trade Act. The escalating tension sent shivers through financial markets as investors foresaw ...
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| Close Update: Wall Street Skids Into Close With Dow Plunging to Almost Four-Month Low "It is the indirect effects of a more adversarial global trade environment and the uncertainty it breeds that could hamper investment and trigger volatility on financial markets," said Leslie Preston, senior economist with TD Economics. On the day's upside, gold stocks rallied as prices of the precious metal ...
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