Stocks teeter as Beijing seeks to tighten grip on Hong Kong

China is cheating on Obama-era stock market deal: John Solomon Fox Business contributor John Solomon discusses Chinese companies taking advantage of an Obama-era stock market deal.  U.S. equity markets slipped Friday as investors weighed Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend. Continue Reading Below The Dow Jones fell 134 points, or […]

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Chinese search-engine giant Baidu considers leaving Nasdaq

China has taken ‘Cold War mentality’ against US: Rep. Michael Waltz Rep. Michael Waltz, R-Fla., on U.S.-China relations, his legislation trying to cut off American funding into China, Chinese intellectual property theft and the county’s attempts to expand its global influence. Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer […]

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Ford's Chicago plant reopens after brief shutdowns Tuesday linked to coronavirus infections

Fox Business Flash top headlines for May 20 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below DETROIT (Reuters) – Ford Motor Co briefly closed its Chicago assembly plant twice on Tuesday, after reopening following a two-month shutdown amid the […]

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Sensex rises 167 pts; Bharti Airtel soars 11%

The NSE Nifty advanced 55.85 points or 0.63% to end at 8,879.10. Equity benchmark Sensex rose over 167 points on May 19 led by gains in Bharti Airtel, HDFC and ITC amid positive cues from other Asian markets. After rallying over 700 points in a volatile session, the 30-share index finished 167.19 points or 0.56% higher at 30,196.17. Similarly, the […]

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What are the FAANG stocks?

Big tech’s strong stock performance should be embraced: Expert BMO Capital Markets chief investment strategist Brian Belski says consumers’ high demand in big tech has given the market some growth. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below U.S. tech giants Facebook, Amazon, Apple, Netflix and Google parent Alphabet […]

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These governors get failing grades for coronavirus economic response: Stephen Moore

Coronavirus job losses could total 30 million: Stephen Moore FreedomWorks economist Stephen Moore on gradually reopening the economy and weekly jobless claims amid the coronavirus pandemic. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The U.S. economy is at last moving into the recovery stage from the coronavirus, at […]

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Coronavirus may force hog farmers to kill 10M pigs by September

Pork exports to China amid coronavirus increase as US faces meat shortage U.S. pork exports to China soar as it faces its own meat shortage. FOX Business’ Edward Lawrence with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below U.S. pork farmers may be forced to euthanize as many […]

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Take the Money Before Things Get Worse, Junk Bond Salesmen Say

If there’s one lesson from the great financial crisis that applies to the current market turmoil, Todd Rothman argues, it’s this: take the money when it’s there. The managing director in JPMorgan & Chase’s high yield and leveraged loan capital markets team in London believes that with the future so uncertain, now is a good time for Europe’s high-yield borrowers […]

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Chinese Political Extravaganza Focuses on Growth: Eco Week Ahead

China’s annual political centerpiece, the National People’s Congress gets under way this week, two months later than usual due to the pandemic. The NPC, which is set to start on Friday, usually rubber stamps the government’s economic plans for the year, including the all-important gross domestic product target. That task has been thrown into doubt though as the government has […]

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March Saw Biggest Drop in Foreigners’ Treasury Pile This Century

Foreign holdings of Treasuries slumped in March by the most this century as pandemic-related global market turmoil sent U.S. debt yields plunging to record lows and volatility surged. Total foreign ownership of Treasuries dropped $256.6 billion to $6.81 trillion, according to a report from the U.S. government released Friday. That’s the biggest drop in data stretching back to early 2000. […]

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