Chinese smartphone maker Xiaomi Corp’s shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector where peers have lined up listings in the city.
Asian share markets rallied on Monday as favorable U.S. jobs data whetted risk appetites, while sterling slipped after two members of the British government resigned over Brexit and put the future of Prime Minister Theresa May in doubt.
Chinese smartphone maker Xiaomi Corp’s shares dropped 2.9 percent on debut in Hong Kong on Monday, in a blow to investor sentiment for the tech sector as a raft of peers line up their own listings in the city.
Chinese smartphone maker Xiaomi Corp’s shares are set to open down 2.4 percent on debut in Hong Kong on Monday, in a blow to investor sentiment for the tech sector as a raft of peers line up their own listings in the city.
Asian share markets crept higher on Monday following favorable U.S. jobs data, while sterling slipped after two members of the British government resigned over Brexit and put the future of Prime Minister Theresa May in doubt.
Asian share markets crept higher on Monday following favorable U.S. jobs data, while sterling slipped after two members of the British government resigned over Brexit and put the future of Prime Minister Theresa May in doubt. The pound peeled off around a third of a U.S. cent to $1.3292 (GBP=D3) in early trading as news broke British Brexit Secretary David Davis and Brexit Minister Steven Baker had resigned. The loss came just two days after a meeting at May’s Chequers country residence supposedly sealed a cabinet deal on Brexit and underlines the deep divisions in her ruling Conservative …read more […]
Bank of Japan Governor Haruhiko Kuroda on Monday stressed that the central bank would maintain its ultra-loose monetary policy until inflation hits its 2 percent target.
Jul.08 — Paul Sheard, former vice chairman of S&P Global, talks about David Davis’ resignation as Brexit Secretary, the trade spat between the U.S. and China, and Federal Reserve policy. He speaks with Ramy Inocencio, Kathleen Hays and Haidi Lun on “Bloomberg Daybreak: Australia.” …read more […]
Over a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in 2017, citing trade wars, geopolitics and high valuations as headwinds to performance, a study by asset manager Invesco showed.
You think you’re ready for retirement and then it happens — you decide to to work one more year. Here’s how to cure your ‘One More Year’ syndrome and start looking forward to your retirement years. …read more […]
Asian share markets looked set to bounce on Monday following favorable U.S. jobs data, while sterling slipped after a key member of the British government resigned over Brexit and put the future of Prime Minister Theresa May in doubt.
Jul.08 — Chinese state media lashed out at the U.S. tariffs imposed on China, saying that America’s “trade bullying” will damage the world and is doomed to fail. Bloomberg’s Tom Mackenzie reports on “Bloomberg Daybreak: Australia.” …read more […]
Matthew Cassinelli Contributor …read more […]
Steve Jurvetson, cofounder of one of Silicon Valley’s most prestigious VC firms, posted photos to Twitter on Saturday evening of himself and friends aboard one of the world’s largest sailboats. According to Jurvetson’s tweets, among those sailing in the waters off Ibiza with him were two female start-up founders and Google cofounder Sergey Brin. On Saturday evening, Jurvetson’s Twitter page showed photos of a group of people aboard the Maltese Falcon, one of the world’s tallest sailing vessels. …read more […]
College is expensive for many reasons, including a surge in demand, an increase in financial aid, a lack of state funding, a need for more faculty members and money to pay them, and ballooning student services. “I’m happy with my life today and with the education I received, but it’s unfortunate that I’ll be paying for it for another seven years at least,” Kirdy, who attended a four-year public university, told Business Insider. “There are many factors behind the cost of college, and some people have stressed one or another,” Richard Vedder, an author and distinguished professor of …read more […]
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