Investors Fear Talk of Taxes - Kishida's 'New Capitalism'

Investors Fear Talk of Taxes – Kishida’s ‘New Capitalism’

(Bloomberg) – Japan’s 100th prime minister Fumio Kishida gave an impassioned performance speech to parliament compared to the predecessors that left a bit of a relief for the investor’s concerns that highlighted the point for higher tax levels with the bad situation over the stocks. The bulk of his speech was base on the “new … Read More

China's Zijin Mining - Acquiring Neo Lithium in $737 mln deal

China’s Zijin Mining – Acquiring Neo Lithium in $737 mln deal

Canada’s Neo Lithium Corp will be bought by China’s Zijin Mining Group Co Ltd for a high price of C$918.7 million ($737.14 million), according to news on Friday. Neo Lithium Corp. has, in short order, become a conspicuous name in lithium brine development by ethicalness of its great 3Q project and experienced group. Neo Lithium … Read More

China Orders Banks to Ramp Up Funding to Boost Coal Output

China Orders Banks to Ramp Up Funding to Boost Coal Output

(Bloomberg) – The Banks of China have been ordered by the Government to ramp up funding for energy supplies like coal companies in order to increase the power crunch as a good head start for the upcoming winter supplies. On Tuesday, China Banking and Insurance Regulatory Commission said in a statement that the banks and … Read More

European Business Growth Hurt by Supply Issues - Pricing in Sept -PMIs.

European Business Growth Hurt by Supply Issues – Pricing in Sept -PMIs.

LONDON (Reuters) – During the last month, the business in Europe remained still at peak with its demand and supply, but that raised an inflationary pressure that struck the demands for the supply for restricted activities, that are most likely to continue with the issues according to reports on Tuesday. Numerous limitations forced to contain … Read More

Mark Zuckerberg Loses $6 Billion in Hours - Facebook Plunges

Mark Zuckerberg Loses $6 Billion in Hours – Facebook Plunges

(Bloomberg) – Mark Zuckerberg was knocked down on the list of the top richest people in the world after his wealth fell over $6 billion just in few hours due to the servers that went offline. The outages were high that took the social networking apps like Facebook, Instagram, and Whatsapp down for hours which … Read More

Share Trading Suspended as Debt Test Looms: Evergrande Update

Share Trading Suspended as Debt Test Looms: Evergrande Update

(Bloomberg) – Suspension of the shares in China Evergrande Group along with its property management unit was imposed for trading on Monday, as a new debt test is around the corner for the producers that have left a great impact on the market. The work said on Monday in a stock trade documenting that trading … Read More