Why High-Flying International Stocks Like Baidu, Bilibili, and Kingsoft Cloud Plummeted Today
It seems fear is taking over Wall Street.
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It seems fear is taking over Wall Street.
New Reports Highlight Globalization of Surveillance Tech Industry Posted by John Chan | Feb 19, 2021 A new report from The Intercept’s Mara Hvistendahl uncovers how U.S. software giant Oracle worked with Chinese law enforcement to supply analytics software for China’s burgeoning surveillance state. At the same time, other reports have revealed how Chinese manufacturers of surveillance equipment are widely supplying governments and companies in the West. Although the international connections of surveillance tech companies are not new, the new revelations underscore how an industry built a...
1/25/2021 2:35:40 PM GMT | By Ivan Brian Here is what you need to know on Monday, January 25 2021: Indices were mixed on Monday with the FTSE and Euro Stoxx 50 both down 1% and the Dax down 1.6%. Overnight Asian stocks closed strongly with the Nikkei up 0.7% and the Hang Seng up 2.4%. US markets were mixed with Nasdaq futures up 1% while Dow and S&P futures both slightly lower. Asian markets were strong as China said it expected a GDP growth of 6% for 2021 and BOJ Governor Kuroda gave an optimistic outlook for the Japanese economy, by saying he expe...
By Lucy Handley, CNBC • Updated on January 7, 2021 at 6:44 am Matteo Colombo | DigitalVision | Getty Images A number of Wall Street investment banks have listed their top China tech stocks for the year ahead. Analysts from Citi, Jefferies and Stifel considered themes such as e-commerce spending, the price of online advertising, the country's five-year plan — which aims to stimulate domestic consumption — and regulation. In a note published Tuesday, Jefferies analysts lead by Thomas Chong said Asia-Pacific internet stocks (excluding Japan) were at a crossroads, creating a "maj...
By Lucy Handley, CNBC • Updated on January 7, 2021 at 9:44 am Matteo Colombo | DigitalVision | Getty Images A number of Wall Street investment banks have listed their top China tech stocks for the year ahead. Analysts from Citi, Jefferies and Stifel considered themes such as e-commerce spending, the price of online advertising, the country's five-year plan — which aims to stimulate domestic consumption — and regulation. In a note published Tuesday, Jefferies analysts lead by Thomas Chong said Asia-Pacific internet stocks (excluding Japan) were at a crossroads, creating a "maj...