NEW YORK—Wall Street advanced on Friday as Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent investors into the weekend in a buying mood. All three major U.S. stock indexes extended their gains after Powell’s statement was released, and put the S&P 500 and the…
S&P 500, Nasdaq Set for All-Time Closing Highs as Powell Sooths Taper Worries
NTD Business Full Broadcast (April 14)
Biden gets his pick to lead the Securities and Exchange Commission. Will Gary Gensler force companies to disclose their Social Environmental and Governance activities? The largest U.S. cryptocurrency exchange goes public. Its initial market cap at nearly $100 billion. Fake vaccine cards are on the rise, even selling on the dark web. What’s the risk…
Fleeing From Control or Raising Capital? Chinese Companies Pile Into US Stock Market
March 30, 2021
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The number of China-based companies that rushed into the U.S. stock market hit a 10-year high in 2020, even as several others were removed, according to a study by the University of Florida. Political commentator Li Linyi said the Chinese regime wants to raise capital in the United States through these companies to support its technology…
Sina’s US Stock Market Departure Could Herald a Wave of Chinese Delistings
News Analysis Chinese internet firm Sina Corp. agreed to go private and delist from Nasdaq, twenty years after its landmark U.S. IPO that led to a wave of Chinese companies listing their shares in the United States. Sina’s decision was crystallized after an entity led by its chairman Charles Chao sweetened the acquisition offer to…
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