Articles by admin

Jun.15 — Fears and concerns over a second wave of coronavirus infections are growing in Beijing and threatening an economic recovery. A wholesale market has been shut and nearby housing districts are under lockdown after dozens of people tested positive for the virus. Also, a district-level official has been fired and others are under investigation over this outbreak. Bloomberg’s Sharon Chen reports on “Bloomberg Markets: Asia.” …read more […]

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Jun.14 — Atlanta has become the new focus of the nationwide U.S. racism protests after the city police chief resigned following the killing of a black man by a white officer. More than 3 dozen people were arrested after protesters set fire to the restaurant where the shooting happened. Bloomberg’s Jodi Schneider reports on “Bloomberg Markets: Asia.” …read more […]

Jun.14 — Hong Kong seems to have avoided a wave of capital outflows that many feared after Beijing moved to impose a national security law on the city, but there is still growing anecdotal evidence that the city’s rich are increasingly hedging their bets by opening offshore bank accounts and applying for alternative passports. Bloomberg’s Eric Lam reports on “Bloomberg Markets: China Open.” …read more […]

Jun.14 — China has reported 49 new coronavirus cases as fears mount of a second wave. 36 of those cases are in Beijing linked to a market which is now closed. Bloomberg’s John Liu reports on “Bloomberg Daybreak: Asia.” …read more […]

Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery. Brent crude futures fell 66 cents, or 1.7%, at $38.07 a barrel as of 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 81 cents, or 2.2%, to $35.45 a barrel. Both benchmarks ended down about 8% last week, their first weekly declines since April, hit by the U.S. coronavirus concerns: More than 25,000 …read more […]

In this article we will take a look at whether hedge funds think Anavex Life Sciences Corp. (NASDAQ:AVXL) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […] …read more […]

Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.25% with Australian shares off 0.4% and South Korea slipping 0.6%. Japan’s Nikkei fell 0.75%. …read more […]

(Bloomberg) — Fifth-generation networking hype has been in full force since Qualcomm Inc. declared “5G is here, and it’s time to celebrate” in February of last year. The reality, however, has required patience from consumers due to the time needed to roll out the new networks and the dearth of applications to put additional speed to compelling use.A year after South Korea launched the world’s first full commercial 5G network and months after China opened the world’s biggest, Bloomberg News reporters tested the leading carriers in both countries to see how far 5G has gotten. Tests in Hong Kong and …read more […]

Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery. Brent crude futures fell 66 cents, or 1.7%, at $38.07 a barrel as of 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 81 cents, or 2.2%, to $35.45 a barrel. Both benchmarks ended down about 8% last week, their first weekly declines since April, hit by the U.S. coronavirus concerns: More than 25,000 …read more […]