HONG KONG — July 1 this year marks Hong Kong’s 20th anniversary of returning to China from British rule. While there are many events planned by the city’s government to celebrate the handover, the day is also known to be one of protest for citizens — especially for those who are demanding democracy. In the […]
Read moreShareholder activist David Webb, who published a report highlighting vulnerabilities in some Hong Kong small-cap shares which subsequently tumbled this week, said the rout was a sign regulators had failed investors. Webb’s report, titled “The Enigma Network: 50 stocks not to own,” published in mid-May, created a diagram outlining a complex web of cross-shareholdings of […]
Read moreAustralian police said on Thursday they have charged the Vatican’s treasurer, Australian Cardinal George Pell, with multiple sexual assault offences. “Cardinal Pell is facing multiple charges in respect of historic sexual offences,” Victoria state police deputy commissioner Shane Patton told a news conference in Melbourne. “There are multiple complainants relating to those charges,” he said. […]
Read moreChinese e-commerce giant Alibaba is ponying up $1 billion to boost its stake in Southeast Asian online retailer Lazada, ahead of Amazon‘s much-anticipated entry into the region. On Wednesday, Alibaba said it will increase its stake in the company from 51 percent to about 83 percent, bringing its total investment to over $2 billion. The […]
Read moreIn the brutally competitive market for smartwatches, battery life is a consistent problem. A pair of chemists from the California Institute of Technology might have the answer. They’ve just secured new funding to start getting their products into the market. Matrix Industries, a Silicon Valley start-up co-founded by Akram Boukai and Douglas Tham, who both […]
Read moreJapanese retail sales rose 2.0 percent in May from a year earlier, government data showed on Thursday, compared with economists’ median estimate of a 2.6 percent increase. This is a breaking news story. Please check back for more details. Follow CNBC International on Twitter and Facebook. Source: cnbc china Japan May retail sales rise 2.0 […]
Read moreEvery night, Jim Cramer goes on “Mad Money” with a mission to help people become better investors. Over the past 12 years of the show, that mission has transformed to match the surrounding environment. The show first began as an outgrowth of Cramer’s radio show called “Real Money.” Back then, people craved specific investment ideas. […]
Read moreWhen Jim Cramer first started investing, he was determined to do it the right way — by researching stocks and getting an edge on that research. “Where was I going to get that edge? I figured, why not read all of the periodicals that covered stocks?” the “Mad Money” host said. When Cramer graduated from […]
Read moreIt’s well-known that Facebook paid a hefty sum to buy messaging app WhatsApp. But in the process, Facebook CEO Mark Zuckerberg apparently outbid a rival who had fallen ill, according to a new report in Bloomberg Businessweek. Tencent, the maker of WeChat, was interested in buying WhatsApp in early 2014, a deal that would have […]
Read moreJim Cramer wants investors to know that it’s possible to get ahead, but it requires doing homework before picking individual stocks. “I think this show can play a role in your financial education and get you to the point where you make fewer errors and have more of a chance to make money longer term […]
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