A trader works on the floor of the New York Stock Exchange (NYSE) after the start of the trading session in New York, USA on March 13, 2020. Lucas Jackson | Reuters GUANGZHOU, China – Trading in Hong Kong’s main dual-listed Chinese technol shares was attacked on Thursday amid fears …
Read More »Asia-Pacific stocks gained ground after a rally
SINGAPORE – Shares of Asia-Pacific were mixed in Tuesday’s trade, with Chinese search giant Baidu entering Hong Kong. In Japan, the Nikkei 225 peaked at 0.53% while the Topix index rose 0.33%. South Korea’s Kospi slipped a fraction. Mainland Chinese stocks fell 0.21% in the Shanghai Composite while the Shenzhen …
Read More »Create a cash position for the next stock sell-off
Jim Kramer of CNBC said Friday’s employment report from the Labor Department has satisfactory markets on Friday, at least for the interim. The U.S. economy added 9379,000 jobs last month and the unemployment rate fell, while stocks bounced off their day lows and dragged three days of difficult trading to …
Read More »JD.com accepts currency so China has given digital yuan in trial
A man counts 100 RMB notes with a Chinese flag in the background. Sheldon Cooper | Sopa Images | Lightrocket by Getty Images GUANGZHOU, China – Chinese e-commerce company JD.com says it has become the country’s first online online platform to adopt digital currency. The announcement on Saturday comes as …
Read More »China offers glimpses into retail business post-coronavirus, Bain report says
The headquarters of Alibaba Group Holdings Ltd. will be lit at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, November 10, 2019. Qilai Shen | Bloomberg | Getty Images The post-coronavirus retail industry will benefit greatly from the online shopping trends …
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