Trade tensions between the U.S. and China are unlikely to be resolved by the existing architecture that governs world trade, according to Stephen Olson, Hong Kong-based Research Fellow at the Hinrich Foundation Ltd.
The world’s two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist, something the World Trade Organization doesn’t....More>>>
The stock market isn’t even lower on trade concerns because investors hope President Donald Trump gets lucky on China, CNBC Jim Cramer said Tuesday.
“We’re in suspended animation here,” Cramer said on “Squawk on the Street,” adding investors are finding it difficult to commit capital to stocks such as industrials without knowing the conclusion of the Trump....More>>>
China’s ZTE, which the US government has accused of repeated sanctions violations, has paid a $1 billion fine, a US Commerce Department official said Friday.
The payment comes days after President Donald Trump tried to persuade two dozen lawmakers mostly Republicans that the fine and the assignment of an American monitoring team would be sufficient punishment for ZTE.
Analysis of top Seeking Alpha coverage: ChemoCentryx
Today we will discuss an update from ChemoCentryx (CCXI), which sent shares more than 30% higher in intra-day trading.
ChemoCentryx is primarily focused on orphan and rare diseases. The companys lead product candidate is Avacopan (previously known as CCX168), a small molecule complement receptor 5a (C5ar) inhibitor. Avacopan is being....More>>>
Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest auto recall in history, called back 3.3 million air bags as part of a U.S. order that scheduled repairs of the potentially deadly devices over several years.
The supplier identified at least 15 automakers that purchased the air bags, including Toyota Motor Corp., Honda Motor Co., General Motors Co.,....More>>>
BEIJING–Prices in China rose less than expected in February as demand for food eased after the Lunar New Year holiday, the third piece of Chinese data that raised eyebrows this week.
China’s consumer-price index inched up 0.8% in February from a year earlier, compared with a 2.5% gain in January, the National Bureau of Statistics said Thursday. The key inflation gauge undershot....More>>>
Chinese stocks are roaring back into favor with many of the biggest players hitting new all-time highs. You don’t need to stick to the dot-com darlings to cash in on the internet revolution taking place in China. There are many stocks percolating under the investing radar of the world’s most populous nation.
Momo (NASDAQ:MOMO), Sogou (NYSE:SOGO), and Baozun (NASDAQ:BZUN) are some....More>>>
Trevena Inc (NASDAQ: TRVN) rose 10.8 percent to $3.60 in pre-market trading after dropping 4.97 percent on Wednesday.
Yum China Holdings Inc (NYSE: YUMC) rose 10.2 percent to $31.05 in pre-market trading after the company reported upbeat earnings for its first quarter.
Seres Therapeutics Inc (NASDAQ: MCRB) rose 9.1 percent to $11.39 in pre-market trading after dropping....More>>>
Sonos has survived stiff competition from the likes of Apple, Google and Amazon. Now, it faces a new risk from President Trump.
The smart speaker company filed paperwork Friday to raise $100 million in a public offering. Sonos said one of the risk factors for its business is the Trump administration’s trade war with China.
Sonos warned in the filing that “significant....More>>>
Welcome to the September edition of EV company news. As this goes to publication, the Paris Auto Show is underway. The European car makers are active this year in Paris, with several electric vehicle offerings or announcements. You can read more here.
Global EV sales – As of end August 2016
Global EV sales have been rising steadily in 2016, up 55% YTD compared to 2015. Global....More>>>
April 4, 2018: Markets opened lower Wednesday but equity indexes managed to pull themselves out of a pretty deep hole. Early lows followed on news of reciprocal tariffs imposed by China on a variety of U.S. goods including aircraft and some cars. Whether the eventual turnaround was due to less anxiety over the impact on American firms from Chinese tariff or investors buying the dip doesn’t....More>>>
Deals and Financings
BGI Genomics, the contract sequencing and diagnostics divisions of China genomic company BGI, is edging closer to an IPO. The company expects to raise $250 million on Shenzhen’s Chi-Next Exchange sometime in July, following all-but-final approvals from China’s Securities Regulatory Commission. Known as a world leader in basic science sequencing, BGI Genomics....More>>>
What Trump trade war with China? Inflation? Who cares about that?
That general sense of “who cares about risks” has been the name of the game coming off first quarter earnings calls. Execs at the biggest companies sounded more upbeat on their financial prospects than they have in some time, according to fresh research from Goldman Sachs. The investment bank mined the earnings....More>>>
Greetings from Beijing, China… You probably won't want to hear what I have to say today. You won't want to believe me. You might even be angry with me… or call me "un-American." But I'm not being un-American (or pro-Chinese) today. I'm just calling it like I see it… Beijing – the capital of Communist China – is more....More>>>
Millennials — love them or hate them, they are the crux of the workforce. Since the spring of 2015, those who are aged roughly 20 to 36 years have become the largest working demographic. Millennials are no longer the future of our society. The eldest of the group are the front face of our nation. Yet when it comes to investing, too many are suggesting stock picks that are awful for this generation.