Business

Hong Kong stocks up 3% as tech stocks rise; China’s activity data disappoints

Hong Kong stocks up 3% as tech stocks rise; China’s activity data disappoints Fertilizer is key to get Black Sea grain deal in motion again, says expert A greater emphasis on fertilizer will help bring down the global cost of food and secure the extension of the Black Sea deal, said Michael Vatikiotis, senior advisor …

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Binance CEO urges crypto buyers to ‘hold’ amid ‘unpredictableness’

Binance CEO urges crypto buyers to ‘hold’ amid ‘unpredictableness’ Binance CEO Changpeng “CZ” Zhao has strongly advised cash-strapped and inexperienced investors to stay away from trading cryptocurrencies amid extreme market volatility and unpredictability. On a Nov. 14 Zhao-led “Ask Me Anything” Twitter space hosted by Binance the CEO suggested that unsophisticated investors wait out the …

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‘not a good strategic move on my part’

‘not a good strategic move on my part’ Changpeng Zhao and Sam Bankman-Fried.Horacio Villalobos/CorbisAlex Wong/Getty Images Sam Bankman-Fried regrets the feud that may have helped cause the collapse of his crypto empire. The relationship between Bankman-Fried and Binance CEO Changpeng Zhao soured when Bankman-Fried pushed for crypto regulation. “It was not a good strategic move …

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Buffett’s Berkshire discloses $4.1 billion TSMC stake

Buffett’s Berkshire discloses $4.1 billion TSMC stake Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing (2330.TW), , a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC up more than 6% in Taiwan …

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Dow Jones Falls 200 Points Ahead Of Key Inflation Data; 6 Top Stocks To Buy And Watch

Dow Jones Falls 200 Points Ahead Of Key Inflation Data; 6 Top Stocks To Buy And Watch Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average snapped a two-day win streak Monday. Six top stocks to buy and watch include hot IPO stock mobileye (MBLY). X Early Tuesday, the …

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Tyson CFO apologizes for arrest after allegedly entering the wrong home and falling asleep

Tyson CFO apologizes for arrest after allegedly entering the wrong home and falling asleep New York CNN Business — Tyson’s financial chief apologized Monday for his arrest last weekend after he allegedly wandered into the wrong home and fell asleep in a bedroom. “I’m embarrassed and I want to let you know that I take …

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Wall Street ends lower as investors gauge Fed’s policy path

Wall Street ends lower as investors gauge Fed’s policy path Losses accelerate into close of choppy session Fed’s Brainard signals slower rate hikes ahead Real estate, discretionary biggest S&P sector decliners Biogen, Lilly rise on Roche’s Alzheimer’s drug failure Indexes down: Dow 0.63%, S&P 500 0.89%, Nasdaq 1.12% Nov 14 (Reuters) – Wall Street’s main …

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Michael Burry reveals new stock bets after previously dumping entire portfolio

Michael Burry reveals new stock bets after previously dumping entire portfolio Wall Street doomsayer Michael Burry scooped up a handful of select companies – months after the hedge fund titan dumped his entire stock portfolio. Burry, whose bet against subprime mortgages was famously chronicled in the 2015 film “The Big Short,” has emerged as one …

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