A major upheaval is underway in China’s peer-to-peer (P2P) finance sector after numerous cases of fraud and negligence. As loans helped finance cars and property, could the crisis worsen the country’s economic slowdown? It’s not...
With the US and other countries throwing their weight behind Juan Guaido as Venezuela’s legitimate leader, time seems up for the Maduro government. But keeping the debt-ridden country afloat will prove a massive task. National...
Heightened security concerns on the continent have been just one reason for a sharp drop in China’s investment activities across Europe. A fresh study shows, though, that German firms remain coveted takeover targets. Just how...
Oceanwide Plaza – a three-tower condominium, hotel, and retail complex expected to cost over $1 billion – is one of the largest real estate projects in downtown Los Angeles. It was scheduled to be completed...
Global equities have fared better than the 1.4% slide in the S&P 500 yesterday may have implied. Asian markets were mixed, with China, Korea, Hong Kong, Thailand advancing. The Dow Jones Stoxx 600 from Europe...
US officials are in China on Monday for the start of fresh trade negotiations. What’s on the agenda — and what progress could be made as another deadline looms in the trade battle between Beijing...
On Wednesday after the market closed, Apple released a letter to shareholders in which it said that revenues are going to be a lot worse in the quarter ended December 29 than its guidance two...
Over nearly 10 years, the world economy has been growing by a moderate but steady clip. In 2019 though, risks such as Brexit, trade wars and higher interest rates could spell the end to an...
There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month...
By 2050, China wants to be the global technology leader in all key industries. For this to become a reality, it first needs to unleash its full innovative power. The Asian giant is making big...
Markets were the lead story in October and definitely not a happy one. Instability, Rotation, Fed tightening, Trumpian unorthodoxy, Italian recalcitrance, Brexit ineptitude and, of course, the all-conquering overvalued FAANGs: all of them have contributed...
A basic building block of matter, electrons, are so complicated that it is recognized that by deciding to measure the speed, one cannot determine location, and if one tries to measure location, speed is indeterminant....