Stocks extended their slump in early Asian trade on Monday, with U.S. equity futures off to a softer start for the week as worries over U.S.-China trade tensions battered investor sentiment.
A top executive of China’s Huawei Technologies Co Ltd [HWT.UL] argued that she should be let out on bail while awaiting an extradition hearing due to severe hypertension and fears for her health while incarcerated in Canada, court documents released on Sunday showed.
Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst performance among leading bourses, data show.
U.S. Trade Representative Robert Lighthizer said on Sunday he considers March 1 “a hard deadline” to reach a deal on trade with China, and that new tariffs will be imposed otherwise.
China’s foreign ministry called in the U.S. ambassador on Sunday to lodge a “strong protest” over the arrest in Canada of Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, and said the United States should withdraw its arrest warrant.
Volkswagen has denied allegations that Chairman Hans Dieter Poetsch knew about the carmaker’s emissions test cheating almost three months before U.S. authorities made it public in September 2015.
Nissan said it was seeking to block former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.
China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, calling the case “extremely nasty”.
Brazilian builder Odebrecht’s Peruvian unit has signed a deal with Peruvian authorities to pay a multimillion dollar fine that will allow it to continue operating in the country in return for providing evidence about officials it bribed, three sources related to the matter told Reuters on Saturday.
When Sean Luangrath joined Pocatello, Idaho-based Inergy Solar a few years ago, the plan was to move the portable solar battery maker to his home base of Salt Lake City so he could build it with easy access to Silicon Slopes’ tech talent and venture capital.
Swiss private bank Julius Baer is in talks about transferring its Venezuelan book of business to Spain’s Banco Santander as Baer reorganizes operations in Latin America, sources close to the situation have told Reuters.
Much of the investing world has been hypnotized by the vertigo-inducing roller-coaster ride of crazy cryptocurrencies.
But there’s another financial revolution taking place all around you.
And that is the revolution in exchange-traded funds (ETFs).
Consider this:
Since 2000, ETF assets have grown at an average annual rate of 142%. They currently make up 19% of the market.
Last year, the “BlackRock ETF Pulse Survey” found that 52% of U.S. investors intended to invest in ETFs.
9 in 10 financial advisors also expect to invest in ETFs for client portfolios.
Overall, ETF investors are younger, more engaged and more optimistic about their financial futures …read more […]
China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, calling the case “extremely nasty”.
China’s foreign ministry called on Canada to immediately release Huawei Technologies Co Ltd’s chief financial officer on Saturday, warning that otherwise it would face consequences.
Germany luxury carmaker BMW said on Saturday Alejandro Vukotich will be the new head of its driver assistance and autonomous driving development department from January 2019.
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