(Bloomberg) -- India’s soaring coronavirus numbers are threatening its economic recovery and sharpening differences between states and Prime Minister Narendra Modi’s federal government.This week I

Oil’s Recovery Capped by Stubborn U.S. Crude Glut, Dour Demand

07:28pm, Wednesday, 08'th Jul 2020

(Bloomberg) -- Oil’s rally has hit a ceiling, with U.S. crude inventories holding near a record high and gasoline demand still at the weakest seasonal level in more than 20 years.Futures in New York

U.S. Threat on Hong Kong Dollar ‘Self-Defeating’, Say Economists

06:38am, Wednesday, 08'th Jul 2020

(Bloomberg) -- The threat of U.S. action to undermine Hong Kong’s longstanding U.S. dollar peg is highly unlikely to become reality given the practical difficulties of pursing such a path and the da

Traders Skeptical That Trump Will Break Hong Kong’s Dollar Peg

03:53am, Wednesday, 08'th Jul 2020

(Bloomberg) -- A proposal by some of Donald Trump’s advisers to undermine Hong Kong’s currency peg was met with skepticism by traders and analysts, who said such a move would be difficult to imple

Sina Gets $41-a-Share Buyout Proposal From CEO’s Company

01:33am, Tuesday, 07'th Jul 2020

(Bloomberg) -- Sina Corp., a Chinese social media company, has received a take-private proposal for $41 a share from an entity led by its chairman.The company said in a statement Monday that New Wave

Stocks in Europe rally and Dow futures climb on economic optimism

09:26am, Monday, 06'th Jul 2020

European stocks rose on Monday, as signs of economic progress offset worries about growing coronavirus cases in the U.S. as well as India.

Axa Increases Position in NetEase Inc (NASDAQ:NTES)

08:46am, Monday, 06'th Jul 2020

Axa grew its holdings in NetEase Inc (NASDAQ:NTES) by 83.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional

APG Asset Management N.V. Grows Holdings in NetEase Inc (NASDAQ:NTES)

07:34am, Monday, 06'th Jul 2020

APG Asset Management N.V. boosted its holdings in NetEase Inc (NASDAQ:NTES) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commissi

Why Youdao Stock Skyrocketed 66.9% in June

06:00pm, Sunday, 05'th Jul 2020

Shares of Youdao (NYSE: DAO) gained 66.9% in June, according to data from S&P; Global Market Intelligence. NetEase issued new common stock and also had its public debut on the SEHK on June 11, and it

World’s Fifth-Largest Reserves Pile Gives India Some Comfort

11:48am, Friday, 03'rd Jul 2020

(Bloomberg) -- India has accumulated the world’s fifth-largest foreign exchange reserves at more than $500 billion, making it a bright spot in an otherwise dismal economy.The reserves were bolstered

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