Top pro-democracy leaders jailed for subversion

Getty Images Benny Tai (left) was jailed for 10 years and Joshua Wong (right) for four A Hong Kong court has sentenced dozens of pro-democracy leaders to years in jail for subversion, following a controversial national security trial. Sixty-year-old Benny Tai and 28-year-old Joshua Wong were among the so-called Hong Kong 47 group of activists and lawmakers who were involved in a plan to pick opposition candidates for local elections.

Read More

China’s top financial officials set to speak at Hong Kong summit

GUANGZHOU, CHINA – APRIL 6: Chinese Vice Premier He Lifeng prepares for a meeting with U.S. Treasury Secretary Janet Yellen on April 6, 2024 in Guangzhou, China.  Ken Ishii | Getty Images News | Getty Images Chinese Vice Premier He Lifeng and several other top financial policymakers are scheduled to speak Tuesday at a global financiers summit in Hong Kong. Hosted annually by the Hong Kong Monetary Authority, the third

Read More

Top radio host charged with sexually abusing 8 people

Veteran Australian broadcaster and former Wallabies coach Alan Jones has been charged with sexually abusing seven men and a 17-year-old boy. The 83-year-old was taken into custody at his Sydney apartment early on Monday morning, as detectives from the New South Wales (NSW) Police Child Abuse Squad searched the harbour-front property and seized electronic devices. Mr Jones is one of Australia’s most influential media figures, and has previously denied allegations

Read More

Top China influencer returns after three years

A Chinese influencer, with a huge global following and the approval of the Communist Party, has returned to the internet after a three-year hiatus. Famous for idyllic videos of life with her grandmother in a village in Sichuan province, the 34-year-old has released three videos since Tuesday – and they have millions of views already. Li first rose to fame in 2016 when China’s fast-growing social media users found comfort

Read More

RBC’s top 10 questions and answers on biotech stocks By Investing.com

Investing.com — In a recent note to clients, RBC Capital Markets has outlined the top 10 questions investors are posing about the biotechnology sector, providing insights into the key issues driving market sentiment. 1) Among the most prominent inquiries is how the new Trump-led administration could impact the FDA. Investors are particularly curious about the role RFK Jr. might play if he were to hold a position in federal healthcare

Read More

Health stocks hit after Trump taps RFK Jr for top regulator post

Shares in vaccine makers and healthcare firms around the world slid sharply on Friday, as investors warned that Donald Trump’s choice of Robert F Kennedy Jr as US Health Secretary could pose new challenges to the sector. Kennedy is known as a vaccine sceptic and, if confirmed in the post, has vowed to use it to crack down on “Big Pharma”. The news prompted a sell-off across the industry. In

Read More

Alibaba shares rise as Q3 earnings top estimates By Investing.com

Investing.com — Chinese e-commerce giant Alibaba (NYSE:) Group Holding Ltd (NYSE: BABA) reported better-than-expected third-quarter earnings on Thursday, sending its shares up 3.2% in premarket trading. The company posted adjusted earnings per share of RMB15.06 ($2.15), beating analyst estimates of RMB14.79, but falling 4% year-over-year. Revenue came in at RMB236.5 billion ($33.7 billion), up 5% YoY but slightly below the consensus forecast of RMB239.97 billion. Alibaba’s core China commerce retail business

Read More

Nvidia top November pick, SMCI downgraded By Investing.com

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Nvidia stock new Top Pick at Mizuho for November Mizuho has named Nvidia (NASDAQ:) as its top pick for November, stressing the company’s strong leadership in the AI and data center market. The firm reiterated an Outperform rating and

Read More

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters RIYADH, Saudi Arabia — Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren’t convinced that the Federal Reserve will continue its rate-easing path with a further two reductions this year. The Fed cut its benchmark rate by 50 basis points in

Read More
  • 1
  • 2