Feb 20, 2024 | Markets
Ningbo Lingjun sold $360 million of stocks withn a minute The selling is deemed ‘abnormal’ behavior by exchanges China’s two main stock exchanges froze the accounts of a major quantitative hedge fund for three days after the money manager dumped 2.57 billion yuan...
Feb 19, 2024 | Markets
Oil falls from three-week high; iron tumbles on China worries US markets closed; S&P 500 and Nasdaq 100 futures gain 0.3% Stocks and US equity futures were steady in muted trading as investors awaited fresh catalysts after a week that saw the S&P 500 breach...
Feb 19, 2024 | Markets
Anticipation was mounting for Switch successor debut this year Nintendo has said current Switch remains its main business Nintendo Co. shares tumbled by as much as 8.8% after game-makers were told the company was pushing back the launch of its Switch successor to the...
Feb 18, 2024 | Markets
Authored by Steve Watson via modernity.news, A leading scientific journal faces humiliation after it published a completely fake paper, purportedly written by Chinese researchers, which contained AI generated images of a rat with a penis bigger than its own body. The...
Feb 17, 2024 | Markets
A surge in travel over Lunar New Year bodes well for sentiment Chinese shares in Hong Kong, US jumped while mainland was shut Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data...
Feb 16, 2024 | Markets
Goldman’s Garrett spots ‘SPX 5k’ hats, rush for call options BofA’s financial stress indicator hits lowest level since 2021 Remember, this wasn’t supposed to happen. The era of tight money – and an uncertain inflation trajectory — threatened to deliver a big reckoning...