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Chinese students pay agents $12,000 for inside track to Wall Street

Business Apr 14, 2021

Chinese students pay agents $12,000 for inside track to Wall Street

The practice has a growing number of detractors, who are questioning whether it’s fair or good for the industry to give another leg up to the well-heeled.

GameStop and other Reddit-favored stocks plunge as trading frenzy fizzles

Business / Financial Markets Feb 3, 2021

GameStop and other Reddit-favored stocks plunge as trading frenzy fizzles

Analysts predicted that the market frenzy, which has drawn the attention of regulators and politicians, was likely to fade, and said it was just a question of how soon.

Short sellers crushed like never before as retail army charges in

Business / Financial Markets Jan 27, 2021

Short sellers crushed like never before as retail army charges in

Following a more than 350% surge this year alone, one hedge fund has already endured big losses on its bearish bet against the consumer electronics firm Gamestop.

‘Full-blown mania’: U.S. stock market jackpot bells just keep ringing

Business / Financial Markets Jan 11, 2021

‘Full-blown mania’: U.S. stock market jackpot bells just keep ringing

by Joanna Ossinger, Lu Wang and Elena Popina

Bull market could continue for weeks, if not months, without so much as even a little reversal. But bubble warnings are starting to blare from every corner.

NYSE just gave China Inc. one more reason to leave

Commentary / World Jan 6, 2021

NYSE just gave China Inc. one more reason to leave

by Shuli Ren

The New York Stock Exchange said late Monday that it no longer intends to move forward with the delisting of China’s three state-owned telecom operators.

NYSE eyes reverting to original plan to delist major Chinese firms

Business / Financial Markets Jan 6, 2021

NYSE eyes reverting to original plan to delist major Chinese firms

The possibility that firms will be delisted means financial markets are likely to face further disruptions from Trump’s crackdown on Chinese companies.

NYSE scraps plan to delist Chinese telecom firms in ‘bizarre’ U-turn

Business / Financial Markets Jan 5, 2021

NYSE scraps plan to delist Chinese telecom firms in ‘bizarre’ U-turn

A lack of clarity on why the exchange changed course left investors speculating over whether the move is something with broader geopolitical implications.

NYSE delisting of China’s top telecoms a symbolic blow as feud smolders on

Business / Financial Markets Jan 4, 2021

NYSE delisting of China’s top telecoms a symbolic blow as feud smolders on

Move follows order by U.S. President Donald Trump in November barring American investments in Chinese firms owned or controlled by the military.

Richard Branson's Virgin Galactic space tourism venture achieves NYSE debut liftoff

Business Oct 29, 2019

Richard Branson's Virgin Galactic space tourism venture achieves NYSE debut liftoff

by Christopher Jasper

Richard Branson's Virgin Galactic Holdings Inc. became the first space-tourism business to go public as it began trading Monday on the New York Stock Exchange. The listing, carried out through a merger with a shell investment company that was already trading, secures vital new funding ...

Line Corp. raises ¥100 billion on day one of dual listing in New York, Tokyo

Business / Corporate Jul 15, 2016

Line Corp. raises ¥100 billion on day one of dual listing in New York, Tokyo

by Kazuaki Nagata

CEO Takeshi Idezawa says the company plans to build trust in its messaging and other services and expand.

Continued NYSE plunge puts Dow on course for worst start in century as China, yuan keep diving

Business / Financial Markets Jan 8, 2016

Continued NYSE plunge puts Dow on course for worst start in century as China, yuan keep diving

Shares on major exchanges fell for a sixth consecutive day on Thursday and crude prices touched multi-year lows as investors fretted over the state of the Chinese economy and its ability to stabilize its stock market. China suspended a circuit breaker set up at the ...

Greek default fears send Dow plunging; volatility spikes

Business / Financial Markets Jun 30, 2015

Greek default fears send Dow plunging; volatility spikes

U.S. stocks extended their losses in heavy trading on Monday after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the eurozone. Greece appeared to confirm it was heading for a default after a government official said ...

  • WHAT’S TRENDING
  • EDITORS’ PICKS
  • Biden vows to defend Taiwan as Kishida pledges unprecedented hike in defense spending
    Biden and Kishida shake hands as they attend a bilateral meeting at the State Guesthouse in Tokyo on Monday.
  • Seven arrive from U.S. for first test tours before Japan reopens to tourism
    People from the United States arrive for the first small-scale test tours in Japan since measures were imposed to control the spread of COVID-19, at Narita Airport near Tokyo on Tuesday.
  • Government clarity needed as Japan eyes border reopening for tourism
    Japan is believed to have lost ¥10.96 trillion in revenue in 2020 and more than ¥22 trillion since the pandemic began after closing its borders to tourists in response to COVID-19.
  • Japanese political parties agree on outline of bill to protect porn victims
    Major Japanese ruling and opposition parties have agreed on an outline of a planned bill to protect people who appear in pornographic videos against their will.
  • Biden launches Indo-Pacific Economic Framework with 13 nations including Japan
    U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Prime Minister Fumio Kishida attend the Indo-Pacific Economic Framework for Prosperity launch event on Monday in Tokyo.
  • Tanks, but no ammo — Germany's Ukraine pledges show military muddle

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  • Is the next Shohei Ohtani already in NPB?

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  • Kill Japan's elderly? A film at Cannes probes a chilling idea.

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  • China's Gen Z has the power to make or break western brands

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  • North Korea launches apparent ICBM, a day after Biden departs Asia

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