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Bloomberg

Bloomberg

Page 630 - Bloomberg

Chinese education stocks tumble in 'panic selling' amid broad crackdown

Stocks slumped on the mainland and in Hong Kong, with the benchmark CSI 300 Index and the Hang Seng Index both tumbling more than 3 per cent

Chinese education stocks tumble in 'panic selling' amid broad crackdown
Updated On : 27 Jul 2021 | 1:12 AM IST

Meituan plunges 15% after China issues food platform regulations

The government posted a notice Monday asking meal delivery operators to respect the rights of delivery staff

Meituan plunges 15% after China issues food platform regulations
Updated On : 27 Jul 2021 | 12:20 AM IST

13-year-old's gold gives air to Japan skateboard stocks; Morito gains 12%

Shares in Morito Co, which distributes skateboarding gear, surged 12% Monday after Nishiya's victory in the Olympic women's street skateboarding event

13-year-old's gold gives air to Japan skateboard stocks; Morito gains 12%
Updated On : 27 Jul 2021 | 12:01 AM IST

Covid-19 pandemic: WTO holiday from vaccine talks draws calls for action

Next week WTO delegates are planning to depart Geneva for their August break and, in doing so, pause their fractious debate over a proposal to waive intellectual-property protections for Covid shotS

Covid-19 pandemic: WTO holiday from vaccine talks draws calls for action
Updated On : 26 Jul 2021 | 11:48 PM IST

Sri Lanka repays $1 billion bond, ending default threat: Report

The money was transfered Monday, Ajith Nivard Cabraal, the state minister for money and capital markets, said by phone

Sri Lanka repays $1 billion bond, ending default threat: Report
Updated On : 26 Jul 2021 | 11:40 PM IST

China crackdown on tech firms make Hong Kong Index world's biggest loser

Beijing's bold moves to rein in nation's powerful tech firms such as Jack Ma's Ant Group Co., Didi Global Inc. have sent global investors fleeing on concerns over China's tighter grips on data

China crackdown on tech firms make Hong Kong Index world's biggest loser
Updated On : 26 Jul 2021 | 11:21 PM IST

Bitcoin nears $40,000 as shorts fuel rally on Amazon speculation

The surge on Monday brought crypto markets back to life after they've been stuck in the doldrums for months

Bitcoin nears $40,000 as shorts fuel rally on Amazon speculation
Updated On : 26 Jul 2021 | 8:51 PM IST

China education crackdown rocks investors: 'Everybody's in the crosshairs'

With losses in Chinese tech and education stocks now exceeding $1 trillion since February, the questions reverberating across trading desks from Shanghai to New York

China education crackdown rocks investors: 'Everybody's in the crosshairs'
Updated On : 26 Jul 2021 | 6:22 PM IST

Tunisia president Kais Saied suspends parliament as Covid fuels unrest

The stakes are huge for the North African nation

Tunisia president Kais Saied suspends parliament as Covid fuels unrest
Updated On : 26 Jul 2021 | 3:58 PM IST

Amid crackdown, China education tycoon loses $15 bn as shares fall 98%

On Saturday, China released new regulations that ban companies that teach school curriculums from making profits, raising capital or going public

Amid crackdown, China education tycoon loses $15 bn as shares fall 98%
Updated On : 26 Jul 2021 | 2:07 PM IST

Byju's enters higher education segment, acquires Great Learning for $600 mn

The sellers of Singapore-based Great Learning will receive certain payments based on its future performance, and Byju's will set aside a further $400 mn to boost the unit's growth

Byju's enters higher education segment, acquires Great Learning for $600 mn
Updated On : 26 Jul 2021 | 2:04 PM IST

In world hurting from floods and fire, insurance firms won't offer bailout

If it becomes too expensive to cover losses for natural disasters, insurers will pull back toward areas that are more profitable.

In world hurting from floods and fire, insurance firms won't offer bailout
Updated On : 26 Jul 2021 | 11:43 AM IST

The family in a pandemic: Will we ever be able to travel with young kids?

A year and a half into the pandemic, policy makers have given little thoughtful guidance to families.

The family in a pandemic: Will we ever be able to travel with young kids?
Updated On : 26 Jul 2021 | 7:40 AM IST

Here come the miners, with record profits & blockbuster dividends

Five big miners could report combined earnings of $85 billion; Rio Tinto, Vale and Anglo are due to report financial results this week

Here come the miners, with record profits & blockbuster dividends
Updated On : 26 Jul 2021 | 2:00 AM IST

China outlaws for-profit school tutoring in a sweeping overhaul

Beijing on Saturday published a plethora of regulations that together threaten to up-end the sector and jeopardise billions of dollars in foreign investment

China outlaws for-profit school tutoring in a sweeping overhaul
Updated On : 26 Jul 2021 | 1:39 AM IST

When getting vaccinated could mean winning a $1.4 million apartment

Giveaways are the less politically fraught option, though they have raised ethical questions

When getting vaccinated could mean winning a $1.4 million apartment
Updated On : 25 Jul 2021 | 11:13 PM IST

Bitcoin hits key level not seen since May amid Ark, Tesla CEOs' boost

Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week

Bitcoin hits key level not seen since May amid Ark, Tesla CEOs' boost
Updated On : 25 Jul 2021 | 10:06 PM IST

Why retail investors are opting for 'buy-the-dip mentality' in US markets

Retail money fund balances still have $1 trillion versus $643 billion in 2015, according to DataTrek

Why retail investors are opting for 'buy-the-dip mentality' in US markets
Updated On : 25 Jul 2021 | 8:57 PM IST

Till world shifts to green energy, split between Saudi and UAE won't end

It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.

Till world shifts to green energy, split between Saudi and UAE won't end
Updated On : 25 Jul 2021 | 2:05 PM IST

What makes Covid-19 delta variant such a threat? Ten questions answered

The delta variant has some characteristics that give it a better chance of causing an infection, which means it escapes initial shield provided by antibodies, but vaccinated people are at a lower risk

What makes Covid-19 delta variant such a threat? Ten questions answered
Updated On : 25 Jul 2021 | 6:55 AM IST